Wildberries and Otkritie Bank launch an online lending service for their suppliers
The largest online retailer in Russia, Wildberries, in partnership with Otkritie Bank, has developed an online loan service for its suppliers. This initiative is aimed at supporting small and medium-sized businesses in an uncertain economic situation and will contribute to the growth of the range of Russian entrepreneurs on the online platform.
The online lending service is presented on the portal for Wildberries suppliers ( https://partners.wb.ru/) Online retailer suppliers can request a loan of up to 10 million rubles for a period of up to 2 years with an interest rate of 9,5%. Loans are secured by goods in Wildberries turnover.
You can apply for and get an express loan from Wildberries and Otkritie Bank online. For this, the entrepreneur needs to submit an application through a personal account on the portal and sign an account opening agreement, which, after approval of the loan, the bank representative will deliver independently to suppliers from 22 cities of Russia. To obtain a loan, you do not need to collect additional documents or look for a guarantor. Funds are transferred to the supplier’s bank account within a few hours after the bank accepts the client’s application. There is no commission for issuing and maintaining a loan, and the bank independently deducts funds for repaying the loan from the client’s current account.
“We strive to make working with Wildberries simple and convenient, and provide our partners with modern tools to effectively manage their business. The company cooperates with 24 thousand suppliers, about 15 thousand are representatives of small and medium-sized businesses, for which, first of all, this service was developed. Online lending will help you quickly access the necessary cash, and reduced interest rates - to optimize costs. Additional loan funds will allow our suppliers to expand the range of goods on the online platform and increase their own sales, ”comments Tatyana Bakalchuk, CEO of Wildberries.
“Support for small and medium-sized businesses is one of the priority areas in the work of Otkritie Bank. We are working on simple and effective solutions that allow creating comfortable working conditions for entrepreneurs, we strive to protect and support their business. One such solution is an affiliate program with Wildberries. Our offer will allow businesses to quickly obtain the necessary resources on favorable terms, to support their business in a difficult situation, ”said Nadia Cherkasova, Deputy President and Chairman of the Board of Otkritie Bank.
Detailed conditions for obtaining online loans are published in the “Crediting” section of the portal for Wildberries suppliers.
The largest online retailer in Russia, Wildberries, in partnership with Otkritie Bank, has developed an online loan service for its suppliers. This initiative aims to provide ...
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