TikTok Shop and GoTyme Bank have launched TikTok Shop Loans, a financing program aimed at helping micro, small, and medium enterprises (MSMEs) access fast and flexible business capital based on their sales performance on the platform.
Through the partnership, pre-qualified TikTok Shop sellers receive personalized loan offers in minutes, with disbursement completed within one business day. Loan amounts depend on each seller’s transaction history, ensuring a data-driven process tailored to individual business performance. Sellers may select their preferred loan amount and repayment terms, with options to repay through bank transfers or QRPh.
TikTok Shop Loans address a long-standing challenge among MSMEs in the Philippines - access to timely financing. By using real-time sales data to power prequalified offers, the program allows sellers to reinvest in inventory, operations, and business expansion without relying on traditional loans.
Franco Aligaen, Marketing Lead of TikTok Shop Philippines, said, “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. We believe that fast and flexible financing enables sustainable growth and empowers MSMEs to thrive in the dynamic digital landscape.”
Albert Tinio, Co-CEO of GoTyme Bank, added, “At GoTyme Bank, we believe MSMEs are the backbone of the Philippine economy, and they deserve financial solutions that not only empower their business but are also thoughtfully designed around their needs. Partnering with TikTok Shop expands our mission to make banking beautiful for all Filipino entrepreneurs.”
Nate Clarke, CEO of GoTyme Bank, said, “We want to give sellers a quick and easy way to access funds while they focus on growing their business. By using real-time sales data to power prequalified offers, we’re helping entrepreneurs get access to the business capital they need, right when they need it. This partnership brings us closer to building a more inclusive financial ecosystem for every Filipino business owner.”
With TikTok Shop Loans powered by GoTyme Bank, MSMEs gain access to a financing solution that aligns with their digital workflows and day-to-day operations. The program creates a new path for entrepreneurs to scale their businesses without the usual friction tied to traditional lending. As e-commerce continues to grow, this partnership positions itself as a timely response to the evolving needs of the country’s small business sector.
