OneLot
Makati, PH · 9 known investors
OneLot provides inventory financing loans to used car dealerships, lending up to 80% of a vehicle's value with repayment upon sale. It serves used car dealers across the Philippines.
Also known as OneLot Financing Corporation
Founders & leadership
Investors · 9
Also in the syndicate · 3
Funding
SEC filings, press & company announcements$6.6M disclosed across 2 of 3 rounds · 2024–2025
- $3.3MSeedNov 2025 · 3 sources
468 Capital (lead), Accion (lead), Accion Ventures (lead), Crestone Venture Capital, Everywhere Ventures, Georg Steiger, Jojo Malolos, Kaya Founders, Seedstars
Source ↗ - $3.3Mseed roundNov 2025 · 3 sources
468 Capital (lead), Accion Ventures (lead), Crestone Venture Capital, Everywhere Ventures, Kaya Founders, Seedstars
Source ↗ - Undisclosed amountPre-SeedOct 2024Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026OneLot, operating as OneLot Financing Corporation, is a Philippines-based digital auto financier that provides short-term, collateralized inventory loans to used car dealerships and pairs them with dealership software. Core products include revolving inventory credit lines (advertised at PHP 10M+, with scalable credit lines described as ranging up to PHP 15 million), unit-level new car acquisition financing of up to 100% per vehicle, and bank auction financing with pre-approved capital and same-day release upon winning bids. Loans are repaid upon sale of the financed units, with monthly interest rates starting at 1.75% and daily interest accrual so borrowers pay only for the period the loan is outstanding.
Alongside credit, OneLot offers a dealership management system for inventory management, sales tracking and performance monitoring, plus a car sourcing platform that connects dealers to pre-screened vehicles from nationwide suppliers. The company describes an end-to-end roadmap integrating credit, software and data across the dealer value chain, including financing solutions for dealers' own retail customers. Underwriting combines AI-driven models with on-the-ground vehicle appraisal, allowing vehicle valuation, market pricing and real-time credit decisions so that secured inventory loans can be issued within hours; dealer onboarding is stated at 24 to 48 hours.
OneLot Financing Corporation is registered with the Securities and Exchange Commission of the Philippines as a financing company (Reg. No. 2023110123839-05, Cert. No. F-23-0065-98) and states compliance with the Data Privacy Act and Anti-Money Laundering regulations, with registrations at the NPC (PIC-003-776-2025) and AMLC.
Founding story
OneLot was founded on the premise that used car entrepreneurs in the Philippines are poorly served by existing lenders, with traditional banks rarely lending to used car dealers and legacy non-bank lenders taking weeks or months to release funds. Harm-Julian Schumacher is CEO and co-founder; investor commentary names Julian, Tommy and Subramaniam as the founding team.
Business model
OneLot lends working capital to independent used car dealerships against vehicle inventory as collateral, earning interest on short-term secured loans that are repaid when the financed units are sold. Credit is offered through revolving lines, per-unit acquisition financing and auction financing, and is bundled with a dealership management system and a car sourcing platform intended to increase dealer retention and platform usage.
Interest income on collateralized short-term dealer loans, with monthly rates starting at 1.75% calculated on daily accrual and penalty-free early repayment.
Traction
As of the November 2025 funding announcement, OneLot reported issuing more than $7 million in loans and supporting over 150 dealers within roughly one and a half years of operations. The company website cites a network of 160+ dealers.
Latest developments
In November 2025 OneLot announced a $3.3 million seed round co-led by Accion Ventures and 468 Capital, with new investors Everywhere Ventures and Seedstars and continued participation from Crestone Venture Capital, Kaya Founders and angels including Georg Steiger (BillEase) and Jojo Malolos (Paymongo). Proceeds are earmarked for expanding the dealer network, extending more credit to existing partners, and adding software tools and financing products spanning sourcing to sales.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Described in November 2025 press coverage as the Philippines' financing platform for used car dealers addressing a $15 billion used car market underserved by banks and slower legacy non-bank lenders; its $3.3M seed round was reported as the largest Philippine seed round of 2025. The company distinguishes itself from consumer auto lenders such as AsiaLink and Global Dominion.
Financing is extended to dealers rather than end consumers, secured by inventory and repaid on unit sale; the company emphasises higher credit limits than traditional lenders, funding decisions and disbursement within hours rather than weeks, penalty-free early repayment, and the bundling of credit with dealership software and vehicle sourcing tools under an SEC financing licence.
Technology
AI-driven underwriting combined with physical vehicle appraisal to value units, determine market prices and make real-time credit decisions; a dealership management platform for inventory, sales and analytics; and an automated car sourcing system matching dealers with vetted vehicles from nationwide suppliers.
Go-to-market
Direct acquisition of dealers with rapid onboarding (24-48 hours) and same-day funding decisions, supported by its own website, social channels (Facebook, Instagram) and business development staff; positioning contrasts OneLot with consumer-facing auto lenders by financing dealers rather than their retail buyers.
Independent, largely family-owned used car dealerships in the Philippines; eligibility criteria cited on the company site require a dealer located in Greater Metro Manila that has operated for more than a year. Sources describe an estimated 25,000 family-run used car dealers nationwide, nearly 90% of which lack reliable bank financing.
Geography
Philippines, with offices at Liberty Plaza, 102 H.V. Dela Costa, Makati, Metro Manila, and SEC registration in Makati. Loan eligibility is stated for dealers in Greater Metro Manila, while the sourcing network and stated ambitions cover dealers nationwide.
History
The company operates as OneLot Financing Corporation with an SEC financing licence registered in 2023. Press coverage of the November 2025 seed round noted roughly one and a half years of lending operations at that point and cited 468 Capital as a backer since the company's beginning.
Risks & controversies
Reported exposure includes credit risk on short-term secured lending to small, family-owned dealerships in a market where nearly 90% of dealers lack bank financing, dependence on vehicle collateral valuation accuracy, and operation under Philippine SEC financing-company, data privacy and anti-money-laundering regulatory requirements.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsOneLot announced a $3.3 million seed round, described as the Philippines' largest seed round of 2025, to expand financing and digital tools for independent used car dealerships. Co-led by Accion Ventures and 468 Capital with new participation from Everywhere Ventures and Seedstars and continued backing from Crestone Venture Capital, Kaya Founders and angel investors.
$3.3M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- OneLotonelot.ph · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does OneLot do?
- OneLot is a Philippine financing platform providing collateralized inventory loans and digital tools to used car dealers.
- Who founded OneLot?
- OneLot was founded by Harm-Julian Schumacher.
- Who are OneLot's investors?
- OneLot's investors include Accion, Kaya Founders, 468 Capital, Crestone Venture Capital, Everywhere Ventures, Seedstars.
- How much funding has OneLot raised?
- OneLot has disclosed $6.6M raised across 2 of its 3 known rounds.
- Where is OneLot headquartered?
- OneLot is headquartered in Makati, PH.