Bankera business loans have been developed to assist small and medium-sized enterprises (SMEs) that have been financially affected by the COVID-19 pandemic. The solution has been awarded the first place in the EUvsVirus hackathon, hosted by the European Commission.
Bankera business loans provide financing to corporate clients with an opportunity for their suppliers or other business partners to secure the loan. The borrowers can utilize the acquired funds in numerous aspects of their businesses:
Invoice financing – cover the current expenses and pay your suppliers.
Working capital – get funds for your everyday business operations.
Getting online – use the loan to open an online sales channel.
Growth – get financing for scaling up your business.
Refinancing – use the borrowed funds to repay your existing loan.