Post by rakhirani on Mar 6, 2024 6:26:24 GMT
Will increase financing costs. with Blue Media we can offer merchants an innovative financial product which is a loan granted on the basis of revenues revenue based financing. Thanks to our partnership with Blue Media merchants will be able to obtain funds to develop their businesses without having to verify their identity or fill out financial data. Additionally repayments will be fully automatic without the borrowers involvement says Piotr Strzelecki president of Gross. Importantly this product is characterized by linking the repayment to the merchants revenue level repayment expressed as a fixed percentage of revenue and not a fixed monthly installment.
This is particularly beneficial for businesses with Brazil Mobile Number List variable sales levels where a fixed installment could disturb their financial liquidity adds Strzelecki. The offer can be used by all ecommerce entities that use Blue Media Online Payments on a daily basis and register on the Brutto website. The only condition is a minimum threemonth history of transactions made through Blue Media. The store can count on financing in the amount of up to PLN with a total cost of of the financing amount for a maximum month repayment period. The decision to grant financing is based on the stores sales results which are verified based on data from the stores account in Blue Media PayBM.
The amount of possible financing depends solely on the stores current revenues. After accepting the regulations and signing the financing agreement using the received amount will be immediately transferred to the bank account number provided in the Blue Media PayBM account. The liability is repaid in daily cycles as a fixed percentage of a given merchants turnover which is automatically charged to the stores balance on the Blue Media account. This means that if the entrepreneur earns less in a given month the installment will be nominally lower.
This is particularly beneficial for businesses with Brazil Mobile Number List variable sales levels where a fixed installment could disturb their financial liquidity adds Strzelecki. The offer can be used by all ecommerce entities that use Blue Media Online Payments on a daily basis and register on the Brutto website. The only condition is a minimum threemonth history of transactions made through Blue Media. The store can count on financing in the amount of up to PLN with a total cost of of the financing amount for a maximum month repayment period. The decision to grant financing is based on the stores sales results which are verified based on data from the stores account in Blue Media PayBM.
The amount of possible financing depends solely on the stores current revenues. After accepting the regulations and signing the financing agreement using the received amount will be immediately transferred to the bank account number provided in the Blue Media PayBM account. The liability is repaid in daily cycles as a fixed percentage of a given merchants turnover which is automatically charged to the stores balance on the Blue Media account. This means that if the entrepreneur earns less in a given month the installment will be nominally lower.