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Saturday, March 2, 2024

Scheirman, LBP sign loan deal to support projects

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Scheirman Construction Consolidated Inc. and Land Bank of the Philippines signed a loan agreement in the bank’s head office in Manila to support the former’s ongoing and pipeline projects.

Scheiman Construction president William Russel Scheirman Jr. and LBP senior vice president Lucila Tesorero led the signing of the loan agreement. The amount was not disclosed.

Scheiman Construction president William Russel Scheirman Jr. (third from left) and Land Bank of the Philippines senior vice president Lucila Tesorero (fourth from left) shake hands following the signing of a loan agreement at the bank’s head office in Manila.

Scheirman Construction consistently demonstrated excellence in the construction industry. With achievements such as a PCAB AAAA Rating, dual ISO certifications (quality and safety) and strategic partnerships with leading suppliers and financial institutions, the company carved its name as one of the fastest-growing construction firms in the Philippines.

The strategic partnership with Land Bank serves as a testament to Scheirman Construction’s commitment to achieving even greater milestones, it said in a statement.

It said that by securing the loan, the company is positioned to fortify its ongoing projects and propel its pipeline initiatives to success.

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Scheirman Construction said that with unwavering dedication to quality, it stands strong with a robust and professional team of over 5,000 skilled individuals.

“As we embark on this journey with Land Bank of the Philippines, Scheirman Construction’s mission to redefine construction excellence remains steadfast. This partnership signifies a union of expertise and innovation, paving the way for a future brimming with possibilities,” it said.

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