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Macondray Finance Corporation was set up in 1991 as Macondray Capital Corporation (“Macondray Capital”) and was acquired by Macondray and Company, Incorporated (“MCI”) in 1995. In 1994, Macondray Capital was granted a license to engage in the financing business under the supervision of the Bangko Sentral and the Securities and Exchange Commission (“SEC”).
Macondray Finance maintains its operations in Pasong Tamo Extension and with its satellite offices in Bagtikan, Makati and Kalaw, Manila.
 At present, Macondray Finance has focused its capital resources to cater to various niche products, such as the seafarers loans. These loans are intended to provide pre-departure financial assistance to seafarers and their families. MFC also provides its borrowers with other corollary services such as orientations on borrowing, investing and financial budgeting.
MFC continues to provide efficient, quality service, competitive rates at the shortest turn-around time for loan processing, making it more convenient for its borrowers and their dependents.
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