Biggest RO marketplace extends credit program for its customers
The entrepreneurs that use the eMAG Marketplace platform can request zero-interest financing of up to RON 300,000 (EUR 62,000) through the eMAG Seller Credit program, launched by eMAG in partnership with Idea Bank a year ago and now…
Romania Insider · Journalist
· Updated · 1 min read
The entrepreneurs that use the eMAG Marketplace platform can request zero-interest financing of up to RON 300,000 (EUR 62,000) through the eMAG Seller Credit program, launched by eMAG in partnership with Idea Bank a year ago and now extended with a new round totaling almost EUR 5 million, Ziarul Financiar reported.
The program can be accessed by companies in the eMAG Marketplace ecosystem, with a minimum of 24 months of existence and 12 months of activity on the platform, which had a positive evolution in the last fiscal year and recorded a turnover between RON 150,000 and RON 25 mln (EUR 30,000 - 500,000).
The maximum amount that can be extended is RON 300,000 per seller, based on the average value of quarterly sales on the eMAG Marketplace. The interest for the loans is zero.
(Photo: Vlad Ispas/ Dreamstime)
