TOP 5+ Online Lending Brokers in the Philippines (2024)

Lending brokers, also known as loan brokers, play a crucial role in the Philippines due to the high demand for quick loans online. Many Filipinos are unaware of where to obtain funds or the services available to them. Loan brokers act as intermediaries between borrowers and lenders, assisting borrowers in finding suitable loan options and negotiating loan terms on their behalf.

However, borrowers must exercise caution when dealing with loan brokers, ensuring they fully comprehend the loan’s terms and conditions before proceeding. In some cases, loan brokers may charge a fee or commission for their services.

What is lending broker?

A lending broker is a financial intermediary who connects borrowers with lenders. They do not lend money themselves, but instead act as a matchmaker between borrowers and lenders. Brokers can help borrowers find the best possible loan terms, and can also help borrowers with the loan application process.

Top 5+ Online Lending Brokers in the Philippines 2024

#1. Loanonline Philippines

LoanOnline Philippines : Lending Brokers in the Philippines


Loanonline Philippines does not directly provide loans but instead recommends the best loan options to Filipinos based on their needs. It serves as a reliable resource to guide borrowers in making informed decisions.

#2. Crezu Philippines

Crezu Philippines: Lending Brokers in the Philippines


Crezu Philippines is an online broker that provides a list of loan partners who can offer loans to customers. Depending on the loan company chosen, Crezu assists borrowers in finding the most suitable loan option.

#3. Binixo Philippines

Binixo Philippines: Lending Brokers Philippines


Binixo Philippines is an online broker that does not directly provide loans. Instead, it recommends lenders based on the borrower’s preferences. It is crucial for borrowers to review all terms and responsibilities on the lender’s website or app before making a decision.

#4. Creditify Philippines

Creditify Philippines: Lending Brokers in the Philippines


Creditify Philippines operates as a comparison service and offers free assistance to borrowers. They do not charge any fees for submitting an inquiry. Borrowers can expect the rates and fees to be disclosed by the lender before accepting the loan.

#5. Mazilla Philippines

Mazilla Philippines: Lending Brokers in the Philippines


Mazilla Philippines provides information about loan brokers and their role in helping borrowers obtain loans online. It is essential for borrowers to familiarize themselves with the terms, requirements, and other details before applying for any loan.

#6. Finami Philippines

Finami Philippines: Lending Brokers in the Philippines


Finami Philippines is a loan comparison service that helps borrowers find lenders with the best terms for their financial needs. However, borrowers must carefully review all terms and conditions before proceeding.

#7. FinApps Philippines

FinApps Philippines


The FinApps platform (accessible website at is designed to assist you in discovering the optimal solution tailored to your specific requirements. Lenders present interest rates that span from 12% to a maximum annual rate of 36%. Your personalized rate suggestion will be determined by evaluating your unique situation and credit history. The available loan options come with a minimum repayment term of 61 days (equivalent to 2 months) and can extend up to a maximum of 120 days (which amounts to 4 months).

It is strongly advised that you thoroughly review the offers presented on the lender’s official website. It is essential to comprehend that FinApps is NOT a financial institution, bank, or lender. The responsibility for any loan agreements with the lender does not rest with their service. Furthermore, this website does not impose any usage fees and cannot be held accountable for any decisions you make based on the provided information.

Available Loan Options in the Philippines

  • Banks: Banks in the Philippines offer consumer loans, cash loans, and credit cards. While they have stringent requirements such as good credit scores and reputations, they typically offer the best terms. Tonik bank, for example, provides convenient access to money through Android/iOS apps and offers installment loans.
  • Lenders: Lenders in the Philippines can be divided into several groups. The first group comprises loan companies that offer substantial loans with fewer requirements than banks. HomeCredit Philippines is an example of such a lender. The second group includes lenders providing payday and installment loans through websites or apps. These loans do not require collateral and are suitable for urgent needs. Popular lenders in this category include Digido, Finbro, CashXpress, Tala, and OLP.
  • Lending Brokers: Lending brokers or loan brokers are relatively new players in the market. They do not provide loans directly but offer information about lenders and compare their services. While they provide quick access to lender information, borrowers should be prepared to receive frequent emails or SMS newsletters promoting loans.
  • Pawnshops: Pawnshops are an option for borrowers who have collateral. However, it is advisable to carefully read the terms and explore other financial solutions before considering pawnshops, lenders, brokers, or banks.

Types of lending brokers

  • Mortgage brokers: These brokers help borrowers find a mortgage loan, such as a home loan or a refinance loan.
  • Personal loan brokers: These brokers help borrowers find a personal loan, such as a consolidation loan or a debt consolidation loan.
  • Business loan brokers: These brokers help businesses find a business loan, such as a startup loan or a growth loan.
  • Lending brokers can be a valuable resource for borrowers who are looking for a loan. They can help borrowers save time and money, and can also help borrowers find the best possible loan terms.

How Lending Brokers in the Philippines Work

The process of obtaining a loan through a lending broker is straightforward:

  1. Visit the lending broker’s website.
  2. Register on their platform (registration is free).
  3. Receive loan recommendations.
  4. Choose the desired loan company.
  5. Select the loan amount and repayment period.
  6. Provide personal information during the registration process.
  7. Thoroughly review all terms and conditions.
  8. Apply for the loan and receive approval within 5-10 minutes.
  9. Address your financial needs.
  10. Repay the loan responsibly and on time.

Loan brokers offer their services for free. If a registration form requests card details, it is advisable not to provide them, as it may indicate potential scams or additional charges from the broker.

Advantages and disadvantages of using a lending broker

Here are some of the advantages and disadvantages of using a lending broker:

Advantages of Using a Lending Broker

  • Save time: Brokers can save borrowers time by doing the legwork of comparing loan terms from multiple lenders.
  • Get better rates: Brokers often have access to lenders that borrowers may not be able to find on their own. This can lead to borrowers getting better rates on their loans.
  • Get personalized service: Brokers can provide borrowers with personalized service and help them understand the terms of their loan.

Disadvantages of Using a Lending Broker

  • Fees: Brokers typically charge fees for their services. These fees can vary depending on the type of loan and the broker.
  • Not all brokers are created equal: Not all brokers are created equal. Some brokers may be more experienced and knowledgeable than others. It is important to do your research and compare brokers before choosing one.
  • May not be the best option for all borrowers: Brokers may not be the best option for all borrowers. If you are comfortable doing your own research and comparing loan terms, you may be able to find a better deal without using a broker.

Essential Considerations When Using a Lending Broker

When contemplating the utilization of a lending broker, it’s essential to bear a few considerations in mind:

  • Obtain quotes from multiple brokers: Prior to making a decision, it’s crucial to gather quotes from several brokers. This will enable you to ascertain that you obtain the most favorable deal available.
  • Inquire about fees: Ensure that you inquire about the fees charged by the broker. These fees can differ based on the loan type and the specific broker.
  • Conduct thorough research: Take the time to conduct comprehensive research on the broker you are considering. This involves reviewing their customer feedback and comparing their fees with those of other brokers.

Frequently Asked Questions about Loan Brokers

Are Lending Brokers Legal in the Philippines?

Loan brokers do not require licenses as they do not provide loans directly. Their role is to provide information about lenders. Therefore, registering for such services and accessing the necessary information is legal and free.

What Are the Main Pros and Cons of Loan Brokers?


  • Loan broker services are free of charge.
  • Quick access to information about active lenders in the Philippines.


  • Brokers tend to recommend lenders who pay them for new user referrals.
  • Borrowers may receive a significant amount of advertisements via email, SMS, etc.


Lending brokers can be a valuable resource for borrowers who are looking for a loan. However, it is important to do your research and compare brokers before choosing one.

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