Transilvania Financial Group launches BT Mic, a company designed to fund small businesses. This startup completes BT’s role of supporting Romanian entrepreneurs in Romania, and the separation of corporate clients at Banca Transilvania is as follows: micro, IMM, corporate clients and large corporate clients.
BT Mic provides funding to entrepreneurs with an annual turnover of up to EUR 1 million, regardless of the field of activity and of the form of organization: businesses, freelancers, people engaged in economic activities. Companies with a minimum of three months of economic activity are eligible for the loans, which can be used to support and develop the daily running of the business, purchase of goods, paying suppliers, investment in working places, purchase of work spots, purchase of new equipment, and more. Moreover, clients benefit from flexibility regarding the guarantees requested and of amounts of up to RON 120,000. Lending period is of up to seven years.
“BT Mic is an initiative of our team, which became the start-up of the Banca Transilvania Financial Group which enables us to help small businesses grow. BT […] has the biggest ecosystem of SMEs support in Romania,” Banca Transilvania General Director Omer Tetik said.
“We want to assure very good services to small entrepreneurs, and to this purpose we come up with quick funding solutions, flexible and customized. We have a team with a very good understanding of small businesses, made up of enthusiastic people, with entrepreneurial spirit, just like our clients. We are confident that we will facilitate in a responsible way access to funding for a large number of clients,” Cristina Sindile said.
Georgeta Gheorghe
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