Mr. Yu Finance is a family corporation owned and managed by the Yu Family. It was registered with the Securities and Exchange Commission on October 10, 2007 with registration number CS200729932-A and Certificate of Authority to Operate number 986. The first office was established in C. Padilla Street, Cebu City catering pensioners, ATM for public school teachers and commercial loans.
On March 2009, MYFC was accredited with the Department of Education to cater loans the employees of DepEd throughout the Philippines thru Payroll deduction. Since then, it continued to grow and expand its market in the province of Negros Oriental and Occidental, Bohol and Panay Island. As lending company, it extends loan to the working men and women both employed in the government and private sectors as well as to small and medium entrepreneurs.
In 2009, MYFC diversified its business by constructing a commercial building in Pajo, Macatn Cebu. As of today, MYFC has three commercial buildings in Looc Mandaue and Dumaguete City.
In order to expand the market and coverage of MYFC, the board of directors has applied additional authorized capital of THREE HUNDRED MILLION which is now pending in the Securities and Exchange Commission.
MR. YU FINANCE CORPORATION plans to expand its market in the Western and Eastern Visayas and part of Mindanao within 5 years.
Goal and Purpose
Mr. Yu Finance Corporation’s goal is to exceed the expectations of every client by offering outstanding customer service, increased flexibility, and greater value, thus optimizing system functionality and improving operation efficiency. Our associates are distinguished by their expertise combined with their hands-on experience, thereby ensuring that our clients receive the most effective and professional service.
Its primary purpose is to extend credit facilities to consumers and to industrial, commercial or agricultural enterprises whether by granting direct loans or by discounting or factoring commercial papers or accounts receivables for profit, buying and selling contracts, leases, chattel mortgages and other evidences of indebtedness arising out of one or more of the steps in the distribution and sale of commodities.
To be a premier financing institution in the society.
1. Develop an organization staffed with competent and responsible personnel that delivers fast services and customer friendly environment.
2. Constantly innovate quality products and services that give real value to its clientele to sustain company stability.
3. Increase market presence in strategic areas.
4. Satisfy the stakeholders’ interest.