Toyota remains committed to being an MSME partner with new financing scheme

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STATISTICS from the United Nations Development Program back in the fourth quarter of 2020 revealed that micro, small, and medium enterprises (MSMEs) composed 99.5 percent of the Philippines’ business establishments, employed 63 percent of the country’s workforce, and contributed to 40 percent of the country’s GDP in the past years. In 2020, this number declined due to community lockdowns. 

Today, as the economy is steadily opening up, MSMEs are now getting back on track, but one important aspect in their business recovery journey is access to finance. Financing is essential to the growth of MSMEs as it can help them resume operations and re-enter the market.

With the vision of bringing mobility for all and the goal of enabling local businesses to contribute to economic recovery, Toyota Motor Philippines (TMP) is committed to being the partner of every MSME. The country’s leading mobility company is empowering livelihoods by extending financial assistance through its financing partner, Toyota Financial Services Philippines (TFSPH), and including its Light Commercial Vehicle line, the all-new Lite Ace, in TFSPH’s Kabuhayan on Wheels Financing program.  

Growing businesses now have the chance to own the all-new Lite Ace to help with their day-to-day operations. They can choose from easy and convenient options, such as Vehicle Loan and Finance Lease – both of which are customizable to ensure hassle-free payment terms. In addition to these, Toyota also introduced a third and its newest option, Lite Sa Bulsa, which allows customers to pay on a weekly basis for as low as P2,903.50 a week. 

With the Kabuhayan on Wheels Financing Program, MSMEs are a step closer to achieving their asenso goals! For those who want to avail of this new offer, they can simply visit the nearest Toyota dealer in their area to inquire. A P5,000-worth gas card awaits every successful booking. Toyota marketing professionals will be more than willing to provide assistance in every step of the application process. 

For an MSME, start moving forward in business with the all-new Toyota Lite Ace, which is available in pickup, panel van, FX utility van, and cargo aluminum van variants.

Kabuhayan on Wheels and Lite Sa Bulsa are just a few of the programs that Toyota Motor Philippines and Toyota Financial Services Philippines offer as part of their commitment to providing mobility for all. Toyota Financial Services Philippines Corporation is supervised by the Bangko Sentral ng Pilipinas. To know more, visit www.toyotafinancial.ph.  

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