We're into it, luv. 💜

Tonik Solar Loan is a secured loan that helps you purchase and install a residential solar power system through a Tonik-accredited solar merchant—without paying the whole thing upfront. Your solar system simply serves as collateral while you pay in manageable monthly installments.

And because we like to keep things sunny: stay on top of your repayments to keep your solar setup right where it belongs—with you. 😉 Missed payments may lead to collection activities and, as provided in your loan agreement and applicable laws, the financed solar equipment may eventually have to make its way back to us. ☀️

This loan is meant to help you get your very first residential solar power system set up from scratch, including panels, inverter/s, and battery/ies, all sourced through an accredited merchant under the Tonik Solar Loan program.

Just a heads up, it's designed for a full new setup rather than upgrades to a system you already have.

Think of it as Tonik helping you catch your first ray of sunshine ☀️, from purchase all the way to installation. 💜

Here's the rundown, luvs:

• New or existing Tonik client, either way you're welcome.
• Currently employed or running your own business.
• Filipino citizen.
• 23 to 64 years old upon loan maturity.
• The lawful owner or occupant of the property where the solar equipment will be installed.

One more thing: all applications are still subject to credit underwriting, so approval isn't automatic just because you check these boxes. 💜

Right now, you can borrow from ₱50,000 to ₱250,000 for your solar setup — the exact amount you get depends on your offer and approval, so it’s not a one-size-fits-all number. Just a heads up, this range isn’t set in stone forever. Tonik may adjust it under our prevailing risk policy. Thanks for understanding, luvs! ☀️💜

You’ve got options, luv — 24, 36, or 48 months, depending on your approved offer. (Just a heads up: Tonik may tweak these terms from time to time based on our risk policy.)

It’s gotta be from a Tonik-accredited solar merchant under our Tonik Solar Loan program — that’s how we keep things safe and smooth for you.

Once your loan is approved and we’ve given your merchant the green light to proceed, installation’s a go!

Your merchant sends us proof of installation, we double-check everything, and only then do we release the funds. It’s our little safety dance before your loan proceeds move.

Not directly, luv — the loan proceeds go as a one-time credit straight to your accredited merchant’s settlement account, once all installation-based disbursement requirements are met. That way, your solar system gets paid for without you having to lift a finger.

After your loan is booked — that’s once your docs are signed, installation’s done, and the funds are disbursed to your solar partner — here’s what lands in your hands: your Promissory Note, Disclosure Statement, Amortization Schedule, and Security Agreement. Keep these safe, they’re the paper trail of your solar journey ☀️

As low as 1.36% monthly add-on — the exact rate depends on your approved offer.

Yep, minimum 10% down, subject to your loan arrangement. We won't expect you to shell out anything more than that for the downpayment!

Yes — 3% of your principal loan amount, paid monthly.