Mitsubishi PH establishes Mitsubishi Motors Finance Philippines Inc.

MANILA: Mitsubishi Motors Philippines Corporation has launched its in-house financing service, dubbed Mitsubishi Motors Finance Philippines Incorporated (MMFP).

The said financing firm is established in partnership with Security Bank Corporation and aims to make vehicle ownership easier for Filipinos.

“The official launch of MMFP marks a significant milestone in Mitsubishi Motors’ long-standing journey in the Philippines,” Mitsubishi Motors President and Chief Executive Officer (CEO) Takao Kato said.

“We remain committed to the country as one of our most important markets. Through collaboration with MMFP in financing services and Mitsubishi Motors Philippines Corporation in local production and sales, we will continue to grow and serve our customers with excellence,” he added.

Per the local wing of the Japanese carmaker, many new car buyers in the country rely on financing, which is why it believes that sales financing plays a critical role in enabling car ownership.

MMFP — the company noted — is committed to driving the continued growth of Mitsubishi Motors’ sales in the Philippines. It will combine Mitsubishi Motors’ robust market presence and Security Bank’s financial expertise to bring many Filipinos closer to their dream cars.

“The official launch of MMFP is a milestone that underscores the strengths of our strategic partnerships — with Mitsubishi Motors and Security Bank,” Security Bank President and CEO Sanjiv Vohra commented.

“We’re uniting global expertise with local insight to make car ownership more accessible for Filipinos. Reflecting the Bank’s commitment to BetterBanking, MMFP delivers innovative, reliable financing solutions that empower customers and elevate their quality of life.”

Special offer for Mitsubishi XForce

Through MMFP, customers who have been eyeing the Mitsubishi XForce can enjoy a special deal this month.

“As for promotions, from this August, we will be offering a low-interest, low-monthly payment promo for the XForce exclusively for MMFP,” MMFP President and CEO Satoshi Nakano said during the launch of the company’s financing arm.

The Mitsubishi XForce is currently sold in two variants — GLS and GT — with a price tag that ranges from P1.367 million to P1.581 million.

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