Access to credit is becoming an important growth driver for small and medium-sized enterprises in the Philippines. According to fintech company Skyro, embedded financing can help SMEs increase sales by at least 30%, while in some cases business growth may be several times higher.
Skyro has highlighted how digital lending tools are changing the way small retailers work with customers. By integrating financing directly into the purchasing process, businesses can make their products more accessible and reach buyers who might otherwise postpone or cancel a purchase. How Embedded Financing Supports SME Growth
Embedded financing allows customers to apply for a loan at the moment they are ready to buy a product. Instead of separating the shopping process from the financing process, the solution connects both steps into one smoother customer journey.
For SMEs, this model can directly influence sales. When customers are able to split payments or receive financing for a purchase, retailers can serve a wider audience and increase transaction volumes.
Skyro’s data shows that partner stores can see a clear positive effect after integrating financing options. Sales volume may increase by at least 30%, while some businesses can achieve several times higher growth depending on location, product category, and customer demand.
New Customers for Retailers
One of the key benefits of embedded financing is the ability to attract customers who may not have been able to complete a purchase without additional financial support.
Skyro uses digital scoring tools to assess customers and provide access to loans for eligible buyers. This helps retailers reach new groups of consumers and gives customers a practical way to purchase the products they need.
For small businesses, this can be especially valuable. Many SMEs operate in competitive markets where every new customer matters. Financing options can help them improve conversion, increase average transaction value, and build stronger relationships with buyers.
Nasim Aliev and Skyro’s Focus on Financial Accessibility
Skyro co-founder and co-CEO Nasim Aliev has repeatedly connected the company’s development with the mission of making financial services more accessible, simple, and convenient for customers.
This approach is especially relevant for the Philippine market, where many consumers need flexible financial tools for everyday purchases. By working with retailers and developing digital loan products, Skyro helps connect customer demand with business growth.
For SMEs, this means that financing becomes not only a payment option but also a practical sales instrument. A customer who cannot pay the full amount upfront may still complete the purchase through a loan solution integrated into the shopping process. In this context, Nasim Aliev’s focus on practical financial accessibility fits directly into Skyro’s work with retailers and local businesses.
Simple Digital Onboarding
Skyro also emphasizes convenience in the customer journey. Users can download the Skyro app, submit a loan application online, and receive approval through a digital process.
This approach reduces the friction often associated with traditional credit applications. Instead of long paperwork or complicated requirements, customers get a more direct way to access financing.
For retailers, a simple onboarding process is also important. If financing is easy for customers to understand and use, it becomes more effective as a sales tool.
Support for Online and In-Store Customers
Skyro’s model is designed to support both digital and physical shopping experiences. Customers who prefer online access can apply through the app, while those who want an in-person process can apply through Skyro’s partner stores.
This flexibility helps the company work with different types of consumers, including those in urban areas and customers in rural communities.
Skyro cooperates not only with major nationwide retailers but also with small local businesses. This gives SMEs outside large commercial centers an opportunity to benefit from digital financing tools and serve more customers.
Why This Matters for the SME Sector
For many small and medium-sized businesses, access to financing is not only a customer issue but also a growth issue. If buyers cannot afford a product upfront, the sale may be lost. Embedded financing helps reduce this barrier by giving customers a way to complete purchases through more manageable payment options.
For SMEs, the result can be stronger sales, better customer acquisition, and access to markets that were previously harder to reach.
Skyro’s experience shows that embedded financing is becoming more than a payment feature. It is turning into a business growth tool for retailers, especially in a market where many customers are looking for accessible and convenient financial solutions.
Skyro’s Role in Expanding Financial Access
Skyro positions its embedded financing model as part of a broader effort to make credit more accessible for Filipino consumers and more useful for businesses. By working with large retailers and small local enterprises, the company helps connect digital lending with everyday purchasing needs.
For SMEs, this creates an opportunity to grow without building their own financing infrastructure. For customers, it offers a simpler way to access products through loan solutions integrated into the shopping experience.
As demand for accessible financial services continues to grow, embedded financing may play a larger role in supporting SME development across the Philippines. Skyro’s partnerships with retailers show how fintech tools can help businesses expand sales, reach new customers, and strengthen their position in local markets. For Nasim Aliev and Skyro, this model demonstrates how fintech can support both consumer access to credit and the practical growth needs of SMEs.
