For many Shopee sellers, timing can make or break growth. Stocking up before a major campaign, handling delivery costs, or adding new product lines often requires funds upfront, long before sales revenue is released.

SLoan for Sellers offers a way to bridge that gap. Eligible sellers can apply for loans of up to RM300,000, with approvals as fast as 24 hours and flexible repayment options. The service is designed to help sellers manage cash flow more effectively, cover operational costs, and scale their business when new opportunities arise.

Key Benefits of SLoan for Shopee Sellers

What makes SLoan for Sellers stand out is how well it fits the realities of running an online business. Sellers don’t have to wait weeks for approval or deal with piles of paperwork, loans can be processed and approved in as little as 24 hours, which is especially valuable when funds are needed urgently.

The financing terms are also designed with flexibility in mind. Interest rates start at just 0.79% per month (about 18% per year), and sellers can choose repayment tenures that align with their store’s cash flow cycle. On top of that, repayments are automated and can be made through multiple channels, with the option for instalments to be directly deducted from Seller Balance for added convenience.

For many, the biggest advantage comes during high-stakes sales events like 11.11 or 12.12, when sellers often need to stock up heavily before the campaign but only see the returns later. By providing quick and accessible financing, SLoan helps bridge that gap and ensures sellers don’t miss out on opportunities simply because of short-term cash constraints.


 

How Shopee Sellers Can Activate SLoan

Getting started with SLoan for Sellers is a simple process for those who are eligible. The feature can be accessed directly within the Shopee app under Seller Homepage > My Finance, or through the Shopee Seller Centre under Me > My Finance.

To activate the facility, sellers just need to complete a quick three-step verification process:

1. Upload both sides of their MyKad, MyTentera, or MyPR.

2. Provide the additional details requested in the application form.

3. Perform a short facial verification for identity confirmation.

Once the verification is approved, the loan facility becomes active and sellers can begin making withdrawals straight away. This seamless in-app activation removes the need for lengthy paperwork or in-person visits, keeping the entire process aligned with the fast-paced nature of e-commerce.


 

Withdrawing and Using Loan Funds

Once activated, withdrawing funds from SLoan for Sellers is designed to be fast and straightforward. Sellers begin by selecting the loan amount they want to draw down and choosing a repayment tenure that suits their cash flow. After reviewing the repayment schedule and signing the digital loan agreement, the funds are credited to the seller’s Shopee Seller Balance. From there, the money can be transferred directly to a linked bank account for use in business operations.

Sellers should be aware that the final amount received will be slightly lower than the amount applied for, as stamp duty and attestation fees are deducted upfront:

• Stamp duty: 0.5% of the loan amount, rounded up to the nearest thousand (minimum RM10).

• Attestation fee: RM5, with an additional 8% SST applied starting September 2025.

For instance, with a RM20,000 loan, the stamp duty would be RM100, and the attestation fee with SST would come to RM5.40. The seller would therefore see RM19,894.60 credited into their account instead of the full RM20,000.

By keeping deductions transparent, sellers can plan ahead and know exactly how much working capital will be available once the loan is disbursed.
 

Repayment Terms and Conditions

SLoan keeps repayments simple so sellers can focus on growing their business without added stress.

• Fixed monthly due date: Your instalment will fall on the same date each month, based on when you withdrew the loan.

• Automatic deductions: If payment isn’t made manually by 11PM on the due date, the system will automatically deduct the instalment from your Seller Balance, ensuring you don’t miss payments.

• Flexible payment methods: Repayments can be made using Seller Balance, ShopeePay, or online banking, giving sellers the freedom to choose what works best.

One of the biggest advantages is the flexibility to make partial or full early repayments at any time without penalties. This means if your store generates surplus cash, you can settle the loan earlier and reduce your total interest costs.

However, sellers should also note that overdue payments incur a late payment penalty of 8% per annum, calculated daily until the outstanding amount is cleared.

With these clear terms, sellers can plan their finances confidently, knowing that repayments are both manageable and adaptable to their business cash flow.


 

Things Shopee Sellers Should Know

Before applying for SLoan, sellers should be aware of a few key details that affect how the facility can be used:

• Minimum withdrawal: The smallest amount you can withdraw is RM200, making it accessible even for small, urgent needs.

• Multiple withdrawals: You can make more than one withdrawal as long as you stay within your credit limit and don’t have overdue repayments.

• Fixed interest rates: Once you lock in a loan, the interest rate remains the same throughout the tenure, no unexpected changes.

• Eligibility: At the moment, SLoan is only available to selected sellers, though Shopee is expected to roll it out more widely in the future.

• Non–Shariah compliant: This product follows conventional lending terms, so it’s not classified as Shariah-compliant financing.

By keeping these points in mind, sellers can better decide whether SLoan fits their store’s financial needs and cash flow strategy.

Turning Financing into Sustainable Growth

SLoan for Sellers offers a straightforward way for Shopee businesses to secure extra working capital, but access to funds alone doesn’t guarantee growth. What really matters is knowing whether each money borrowed is translating into profit or getting lost in hidden costs.

The Shopee Order Profit Report in BigSeller gives sellers that visibility. By breaking down revenue, costs, fees, and adjustments at the order level, it provides precise insight into which transactions are worth scaling and which ones need attention. With this clarity, financing decisions like when and how much to borrow become far less risky.

If you’re considering SLoan or already managing borrowed capital, combining it with BigSeller ensures you’re not just selling more, but selling profitably.

Try BigSeller for free today and get a clearer view of your Shopee profits.