Access to credit is proving to be a game-changer for small and medium-sized enterprises (SMEs) in the Philippines, fueling business growth by at least 30 percent and in some cases by as much as four to five times, according to financial technology company Skyro.
Speaking at the Philippine SME Business Expo 2025, an executive of Skyro cited new data illustrating how embedded financing is helping small retailers scale faster and reach previously untapped markets.
“Our data has shown that whenever we do a partnership with a store, their sales volume goes up by a minimum of 30 percent,” said Mike Tabaday, Skyro’s head of SME.
“We help bring in unique customers in terms of scoring because we’re able to provide them loans that allow customers to avail of products,” he said.
Tabaday said customers benefit from Skyro’s seamless onboarding experience. “All they need to do is download the app online, apply for a loan, and then get approved,” he said.
Customers who prefer to apply in person can do so through Skyro’s partners nationwide. “We have partnered with the biggest retailers nationwide— and just as proudly, with small local businesses, including those in rural communities,” Tabaday said.
