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Security Bank and AutoDeal team up to simplify car financing for Filipinos

You heard that right! Fast, flexible, and customer-centric loan solutions are on the way.

Jerome Tresvalles on May 30, 2025

Security Bank recently teamed up with AutoDeal, the country’s leading online car marketplace, and made it official with a signing event held on May 21, 2025, at the Security Bank Centre in Makati.

This partnership combines what both brands do best: AutoDeal’s wide car listings and dealer connections, and Security Bank’s quick and flexible car loan options. The result? A smooth, all-in-one digital experience where you can search for a car, get quotes from dealers, and apply for a loan, all in just a few taps.

Related: How to get a Car Loan in the Philippines

With the AutoDeal website and official app, customers can now check out car options, get quotes from dealers, and apply for a Security Bank Auto Loan, all online. This fully digital setup makes it quicker and more convenient than ever to buy your first car, upgrade to your next one, or add a new ride to expand your garage.

“At Security Bank, we’re always looking for new ways to improve our customers’ experiences. This partnership with AutoDeal will enable us to bring our BetterBanking service directly to car buyers by combining the strength of our Auto Loan products with the convenience of a digital automotive marketplace.”

Paz Gonzales
SVP and Secured Lending Head, Security Bank

Christopher Franks, Co-Founder of AutoDeal, shared his excitement about the collaboration, saying it’s a big move toward making car buying smoother and more accessible for Filipinos. “This partnership with Security Bank marks an important step in making car buying more seamless and accessible for Filipinos. At AutoDeal, we’ve always believed in empowering consumers with better choices and greater convenience. By integrating financing options directly into our platform, we’re helping car buyers take one more step toward completing their journey entirely online,” he said.

Furthermore, the timing couldn’t be better. The auto loan market in the Philippines is on the rise, with vehicle loan growth up by 18.8 percent year-on-year as of March 2025. Car sales are also climbing, up seven percent in Q1, proof that demand and buyer confidence are going strong. And with interest rates expected to drop further this year, this partnership is well-positioned to serve the growing crowd of digital-savvy car shoppers.

Eager to get started on your car-buying journey? Check out the Auto Loans & Car Financing page on AutoDeal.com.ph to find the right loan solutions for you.