Tonik Big Loan is an all-digital collateral loan in the Philippines that offers fast approval and disbursement in just seven business days. This is a secured loan where the title of the condo can be used as collateral. Tonik, as the first neobank in the country, is licensed by the Bangko Sentral ng Pilipinas (BSP) and deposits are insured under the Philippine Deposit Insurance Corporation (PDIC).
You should consider using Tonik Big Loan because it provides an opportunity to use your fully paid condo unit as leverage to borrow ₱250,000 to ₱5 million in the easiest way. It has a quick application and approval process, making it ideal for those who need funding for big dreams like starting a business, buying a new car, home improvement, or financing education.
Tonik Big Loan offers the fastest approval time in the market which can happen in just a few minutes.
An amount of ₱250,000 to ₱5 million can be borrowed, allowing for big projects or dreams.
Offers flexible loan terms from 12 to 60 months, allowing borrowers to choose the best term that fits their budget.
As a neobank licensed by the BSP and insured by the PDIC, Tonik provides transaction security and protection.