With the successful launch of its first lending product Quick Loan, Tonik is now accelerating its financial and credit inclusion by now introducing two new lending products Flex Loan and Big Loan. Big Loan on the other hand is a home equity type of loan that offers a one-time multipurpose installment loan to allow borrowers to use the equity value of their home. With Big Loan being the first fully digitalized collateral product in the market, customers only need to come to the Tonik Hub once to formally sign the loan and mortgage documents. Tonik says that they offer the fastest-in-market approval time within minutes of the application, and with the disbursement of loans in 7 business days from the submission of documents. Proceeds of the loan will then be disbursed into the customer's Tonik Savings Account. Flex Loan and Big Loan are now available in the latest version of the Tonik app in Apple's App Store and Google's Play Store. This is exactly the reason why Emma Imperial, the CEO of the Imperial Homes Corporation, requested to Darlene Marie Berberabe, the CEO and President of the Home Development Mutual Fund or more commonly known as Pag-IBIG Fund to allow its member to apply for a loan to finance the purchase/installation of solar panels. Read more in our articles including "Tonik launches new Flex Loan & Big Loan lending products in the Philippines" and "Globe Prepaid Subs Can Now Call, Text, Surf and Enroll to Promos Even w/o Load".
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Apr 29, 2026With the successful launch of its first lending product Quick Loan, Tonik is now accelerating its financial and credit inclusion by now introducing two new lending products Flex Loan and Big Loan. Big Loan on the other hand is a home equity type of loan that offers a one-time multipurpose installment loan to allow borrowers to use the equity value of their home.
With Big Loan being the first fully digitalized collateral product in the market, customers only need to come to the Tonik Hub once to formally sign the loan and mortgage documents. Tonik says that they offer the fastest-in-market approval time within minutes of the application, and with the disbursement of loans in 7 business days from the submission of documents. Proceeds of the loan will then be disbursed into the customer's Tonik Savings Account.
Our coverage of Tonik big loan includes: "Tonik launches new Flex Loan & Big Loan lending products in the Philippines"; "Globe Prepaid Subs Can Now Call, Text, Surf and Enroll to Promos Even w/o Load"; "Pag-IBIG: Buy Solar Panel Now, Pay Later". Each article provides unique insights and information.