Tonik Quick Loan

Tonik Quick Loan is ideal for situations that require cash payout immediately. You can borrow loan amounts ranging from ₱5,000 to ₱50,000 and get approved as fast as 1 hour. Tonik Quick Loan can help you with these scenarios:

• Additional business funds - Damaged equipment, sudden price uptick with your suppliers, or the need to hire more employees—these expenses are not cheap. Iron out your urgent business needs with a Tonik Quick Loan.

• Appliance purchases - If you keep sweet-talking your worn-out refrigerator for it to work, it’s a sign to let go and buy a new one by applying for a Tonik Quick Loan.

• Emergency travel - LDR is a pain, especially if Mr. Right from a different country needs your TLC after he got into an accident. Shorten the distance and let luv find a way when you apply for a Tonik Quick Loan.

• School expenses - Students get a first day high at the start of school, while parents shake their heads and sigh when they see their kids' tuition fees. Here, apply for a Tonik Quick Loan and feel better.

Come get your quick cash fix! But first, you need to fit Tonik Quick Loan’s eligibility criteria:

• At least 23 to 58 years old
• Filipino citizens living in the Philippines
• Minimum monthly income of ₱15,000
• Must be currently employed
• Must have a tax identification number (TIN)

Loan terms: 6, 9, 12, 18, or 24 months

Monthly add-on interest rate: as low as 4.26%

Annual Percentage Rate (APR): 84%

Processing fee: One-time deduction of ₱1,000 upon loan disbursement

Documentary stamp tax (DST) fee: One-time deduction of ₱1.50 per ₱200 of the borrowed amount

Late payment fee: ₱500