Just 5 years after he started ABC System Solutions Incorporated, Aries Alibangbang was already able to expand his small business from Luzon to Mindanao. When asked what one piece of business advice he wished he knew before starting the business, he simply answered: “Having a debt is not bad when doing business.”
ABC System Solutions, formerly known as AS Business Technologies, is an end-to-end I.T. system solutions provider, specialising in renewable energy. Its biggest clientele are local government agencies, helping them install street lights in different local units.
Like many of our partners, ABC System Solutions isn’t spared from challenges stemming from lack of extra capital to start new projects. “For most of my clients, we need to deliver first before they could pay us. With First Circle’s Invoice Financing, I’m able to have an extra working capital to fulfill the orders of my clients,” says Aries.
Watch Aries share his inspiring experiences growing ABC System Solutions, how he was able to overcome financial setbacks with the help of First Circle, and how he envisions his business in the years to come.