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Home Business

Forest Lake gets P245-m loan from ATR Group

Manila StandardbyManila Standard
December 9, 2022, 8:05 pm
in Business, Corporate
Reading Time: 1 min read
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Forest Lake Development, Inc., the country’s leading total memorial care provider, secured a P245-million loan from ATR Asset Management Group to support the expansion of its memorial and death care services across the country.

Forest Lake opened 34 memorial parks nationwide and continues its expansion across different communities in the Philippines. Since 1997, Forest Lake has revolutionized death care that goes beyond offering memorial lots for sale by providing complete memorial care, and grief therapy for their clients.

“For over 25 years, Forest Lake continues to fulfill its vision of building a better place for generations to immortalize memories of their loved ones and celebrate the living. This loan opens up vast opportunities for sustainable growth for Forest Lake, especially now that we are expanding our services across different regions in the Philippines,” said Alfred Xerez-Burgos III, managing director for operations, sales and marketing of Forest Lake Development Inc. and president and chief executive of Forest Lake Memorial Services Corp.

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Tags: ATR Asset Management GroupForest Lake Memorial Services Corp.Loan
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