OneLot is a Manila, Philippines company that finances independent used car dealers. The company provides secured inventory credit and software tools so small dealerships can purchase more cars, turn stock faster, and keep accurate records. The niche is a credit gap. Many family owned dealers cannot access reliable bank financing, which limits inventory and growth. OneLot positions its platform as a way to bring consistent working capital and modern software to this segment.
What OneLot does is straightforward. Dealers apply for inventory loans that are secured by vehicles on the lot. Credit decisions blend data from dealer operations with on the ground appraisal. According to the company, decisions are issued within hours and funds can be drawn as needed. Beyond financing, OneLot is building an end to end dealer platform that supports sourcing, inventory management, and sales. The aim is to combine financing with workflow so daily tasks become faster and more reliable for small teams.
Public reports describe early traction. According to the company, OneLot has issued more than seven million dollars in loans and serves more than one hundred fifty dealers after roughly one and a half years of operations. The target market is large. Coverage cites a fifteen billion dollar used car market in the Philippines, with many dealers still underserved by banks. OneLot says the seed proceeds will expand the dealer network, extend more credit to existing partners, and add software features that help with sourcing through retail sale.
The origin story is practical. Founders spent time with local dealers to map the financing bottlenecks and paperwork pain points that slow transactions. The team designed credit products for the realities of small lots, where inventory turns and cash cycles vary by neighborhood, season, and model mix. That field work informs the blend of underwriting, collateral, and software that OneLot now offers to dealers.
OneLot’s approach is to work with the market that already exists. Many dealers are small family businesses that rely on reputation and relationships. The platform provides a structured process and a clear data trail while leaving dealers in control of sourcing and sales. The company believes that pairing inventory credit with simple software will raise throughput at the lot without adding headcount.
Funding and Founders
This was a seed round. OneLot raised $3.3M USD. Accion Ventures and 468 Capital co led the financing. Other investors include Everywhere Ventures and Seedstars, with additional participation reported from Crestone Venture Capital and Kaya Founders. Prior funding includes a $4M USD pre seed round led by 468 Capital in October 2024. As of November 11, 2025, angels cited in coverage include Georg Steiger and Jojo Malolos.
OneLot was founded by Harm-Julian Schumacher, Tommy Campos, and Subramaniam Srinivasan. Schumacher serves as chief executive. Campos is the chief operating officer. Srinivasan is the chief technology officer. Public materials emphasize hands on work with dealers and a focus on measurable throughput gains rather than abstract metrics. The next phase will test how fast OneLot can add dealers, maintain credit quality, and build software features that keep daily work simple for small teams.
