This initiative aims to give micro, small, and medium enterprises (MSMEs) quick and easy access to business capital, without the long wait or complicated process of traditional loans.
Through this new program, pre-qualified TikTok Shop sellers can get personalized loan offers in just a few minutes. And once approved, the money gets disbursed within one business day. What makes this even better is that loan offers are based on each seller’s sales history on TikTok Shop, making it a smart and data-driven way to access funding.
Sellers have the flexibility to choose their loan amount and repayment terms, and they can repay the loan through bank transfer or QRPh, giving them more control over their business finances.
This partnership is a game changer for MSMEs, many of which face challenges in getting the financial support they need to grow. With TikTok Shop Loans, sellers can now easily reinvest in their inventory, operations, or marketing without going through the hoops of traditional banking.
Through this new program, pre-qualified TikTok Shop sellers can get personalized loan offers in just a few minutes. And once approved, the money gets disbursed within one business day. What makes this even better is that loan offers are based on each seller’s sales history on TikTok Shop, making it a smart and data-driven way to access funding.
Sellers have the flexibility to choose their loan amount and repayment terms, and they can repay the loan through bank transfer or QRPh, giving them more control over their business finances.
This partnership is a game changer for MSMEs, many of which face challenges in getting the financial support they need to grow. With TikTok Shop Loans, sellers can now easily reinvest in their inventory, operations, or marketing without going through the hoops of traditional banking.
“TikTok Shop's mission is to empower Filipino MSMEs through social commerce, and with TikTok Shop Loans powered by GoTyme Bank, we're taking that commitment one step further," said Franco Aligaen, Marketing Lead of TikTok Shop Philippines.
"At GoTyme Bank, we believe MSMEs are the backbone of the Philippine economy... By using real-time sales data to power pre-qualified offers, we’re helping entrepreneurs get access to the business capital they need, right when they need it,” shared GoTyme Bank Co-CEO Albert Tinio and CEO Nate Clarke.
This collaboration between TikTok Shop and GoTyme Bank isn’t just about offering loans it's about building a more inclusive financial ecosystem. It gives Filipino sellers the support they need to move faster, grow smarter, and dream bigger in today’s fast-changing digital marketplace.
For entrepreneurs using TikTok Shop, this is more than just a loan, it’s a new opportunity to scale up and thrive.
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