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June 19, 2024

Grab rolls out Quick Cash for merchant-partners

Grab Financial Services Philippines Inc. has launched a new loan service program as it doubles down on its efforts to pave the way for financial inclusion for all Filipinos.

Quick Cash stands as one of Grab’s many ways of extending financial inclusion and service to its large community, especially towards its merchant-partners who help make Grab the superapp it is today.

With the new loan service program, Grab hopes to provide merchant-partners particularly micro, small, and medium enterprises (MSMEs) much-needed access to digital-first financial solutions, and help further scale their businesses.

“Many of our budding MSME merchant-partners are in need of access to financial solutions – especially in the first few steps of their business which they have worked very hard to bring into fruition, and we are fully-committed to supporting them every step of the way. Our new loan service program will provide many of our MSME merchant-partners the very push that they need to scale their enterprise and grow their business on the Grab platform,” Grab Financial Philippines Martha Borja said.

Wholly committed to supporting its merchant-partners, Quick Cash is one of the many programs Grab has in place, this time to support them with innovative financial services and be with them every step of the way in making their business grow.

While setting up a new business is a big achievement for many, the whole journey is never easy.

A major struggle starting a business is running into unexpected cash flow issues, which generally for small businesses only gets harder given limited access to traditional financing.

With Quick Cash’s fast disbursal and easy application process, merchants can easily acquire a business loan that is tailored to their current needs, with no collateral required, and a flexible repayment term from six to 12 months.