SMEs account for 99.6% of businesses in the Philippines, but rarely grow to their fullest potential due to inadequate financing options. In the rare occasion that a Filipino bank lends to an SME, archaic and arduous application processes delay disbursement, with loans released approximately 1-3 months after application submission. First Circle (FC) is closing the $50B trade financing gap in the Philippines by providing SMEs with working capital via an easy-to-use platform that approves and disburses unsecured loans in 1-5 days.