SEC Suspended Additional 20 Lending Companies

April 6, 2017 SEC ADVISORY SEC SUSPENDED ADDITIONAL 20 LENDING COMPANIES The Securities and Exchange Commission suspended the certificates of registration as corporations of additional 20 lending companies which failed to obtain a Certificate of Authority (CA) to Operate as a Lending Company required under Republic Act No. 9474 or the Lending Company Regulation Act of 2007. On March 07, 2017, the SEC suspended the certificates of registration of 84 lending companies for their failure to obtain Certificate of Authority to Operate as Lending Company. The SEC is the lead agency in the administration of said law. Section 4 of R.A. 9474 states that "x x x No lending company shall conduct business unless granted an authority to operate by the SEC." The list of the suspended 20 lending companies is in Annex A. ANNEX A Suspended Lending Companies (SEC Resolution No. 286, series of 2017) Company Name Address 1 ANGELES LENDING INVESTOR, INC. 842-C BERNARDO BLDG. HENSON ST. ANGELES CITY, PAMPANGA 2 CHAMPION LENDING CORP. 24 ROAD 20, SHORT HORN, PROJECT 8, QUEZON CITY, METRO MANILA 3 CHARTON LENDING CORP. 301 ABM BLDG J. P. RIZAL ST., STO NIO, MARIKINA CITY, METRO MANILA 4 CLIA LENDING INVESTOR, INC. SAN MIGUEL BATIS, GUAGUA, PAMPANGA 5 EMINENCE LENDING INVESTOR, INC. 51 DR. SIXTO ANTONIO AVE. KAPASIGAN, PASIG CITY, METRO MANILA 6 EXPRESSADVANCE, INC. UNIT 117 CONRADO COMMERCIAL COMPLEX, NIOG I, BACOOR CITY, CAVITE 7 GREEN HOPE CREDIT CORP. G/F AMM BLDG., 4027 GEN. T. DE LEON RD., GEN. T. DE LEON, VALENZUELA CITY 8 KIANGAN CREDIT RESOURCES & TRADING CORP. 2511-W AURORA ST., PASAY CITY, METRO MANILA 9 LENDING MARKETS OF CEBU CORP. 605 PRUDENTIAL BANK BLDG., PLAZA LACSON STA. CRUZ, MANILA 10 LKT LENDING CO., INC. RM. 1618 HERRERA TOWER, 98 HERRERA ST. COR. SALCEDO BRGY. BEL AIR MAKATI METRO MANILA 68 HERRERA TOWER 98 HERRERA ST. COR. SALCEDO BRGY. BEL AIR, MAKATI CITY 11 METRO ASIA PACIFIC CREDIT CORP. 4 SAPPHIRE ST. ROCKVILLE SUBD. II SAN BARTOLOME NOVALICHES, QUEZON CITY 12 METRO SUNRISE LENDING INVESTOR, INC. 365 TANDANG SORA AVENUE, QUEZON CITY 13 MULTIPLIER LENDING CORP. A109 CITIHOMES BLDG. 2, 130 SAN FRANCISCO ST., MANDALUYONG CITY ROOM 207 SAN BUENA BLDG., SHAW BLVD., CORNER PIONEER, PASIG CITY 14 PESO & CENTS CREDIT RESOURCES, INC. B. MORCILLA NEAR COR. P. HERRERA, PATEROS, METRO MANILA NO. 836-B G. DE BORJA ST., BGY. AGUHO, PATEROS, METRO MANILA ATMOSFERA APARTMENTS, G. DE BORJA ST., PATEROS, METRO MANILA 15 PRISUNIC LENDING CORP. 93 N. PADRIANO ST. GEN. T. DE LEON, VALENZUELA CITY, METRO MANILA 36 KARUHATAN ROAD, KARUHATAN, VALENZUELA CITY 16 PROSPERITY LINK, INC. T4 CARTAGENA GRAND VILLAS, CARTAGENA ST., PHASE IV, BF HOMES, LAS PIAS CITY 17 PS LENDING INVESTORS, INC. 16 BAYANIHAN ST., WEST TRIANGLE, QUEZON CITY 18 RSN PUNJAB TRADING & LENDING CORP. 29 PACIENCIA ST., DON PEDRO VILLAGE, VALENZUELA CITY 16 CAMIA ST., OLIVIA SUBD., POTRERO, MALABON CITY 19 ST. BENEDICT LENDING INVESTOR CO., INC. 5TH TPG TOWER 37 EDSA CORNER, BONI AVENUE MANDALUYONG CITY 20 THE QUANTUM LINK LENDING CORP. RM. 500 5/F GREAT PACIFIC LIFE BLDG., 219 SEN. GIL PUYAT AVE. MAKATI CITY 291 EL GRANDE AVENUE, PHASE III, BF HOMES PARAAQUE CITY