#Tonik Quick Loan

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. Flex Loan empowers customers with both freedom and flexibility through quick, convenient, and fixed low-interest rates. 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. Tonik, the Philippines's first digital-only neobank, has launched a Quick Loan product on its platform. According to Tonik, the launch of Quick Loan marks the company's entry into the deeply underserved consumer lending market in the country, in which it intends to establish itself as one of the market leaders. Read more in our articles including "Tonik launches new Flex Loan & Big Loan lending products in the Philippines" and "Tonik launches Quick Loan in the Philippines".