TikTok Shop and GoTyme Bank have officially joined forces to launch TikTok Shop Loans powered by GoTyme Bank, a financing solution designed to help micro, small, and medium enterprises (MSMEs) access fast, flexible business capital.
Through this partnership, pre-qualified TikTok Shop sellers can secure customized loan offers in just minutes, with disbursement completed within 1 business day. Loan amounts are based on a seller’s transaction history on the platform, allowing for a seamless, data-driven process. Sellers may choose their preferred loan amount and repayment terms and repay via bank transfer or QRPh in manageable installments.
Access to timely and flexible financing remains one of the biggest challenges for small and medium enterprises in the Philippines. With TikTok Shop Loans powered by GoTyme Bank, MSMEs now have a tailored solution that meets them where they are—using their sales performance on TikTok Shop to unlock funding opportunities. This initiative not only addresses a critical gap in access to capital, but also empowers sellers to reinvest in inventory, operations, and growth without the lengthy processes or rigid requirements of traditional loans.
“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. “We believe that fast and flexible financing enables sustainable growth and empowers MSMEs to thrive in the dynamic digital landscape.”
“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” said Albert Tinio, Co-CEO of GoTyme Bank. “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 pre-qualified 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.” adds Nate Clarke, CEO of GoTyme Bank.
With TikTok Shop Loans powered by GoTyme Bank, MSMEs are no longer sidelined by limited financing options. Through this bold and inclusive partnership, entrepreneurs are equipped with the tools to move faster, dream bigger, and grow smarter.
