ING Bank Romania launched the 100% online Useful Loan for entrepreneurs, granted on the ING Business online platform. Customers can get up to RON 500,000 (approx. EUR 101,000) online for a maximum 5-year term without visiting the Bank`s branch. The loan agreement is signed with a qualified electronic signature (QES), offered for free in online banking by ING. The online loan application takes about ten minutes, and the money is available immediately.
“One year ago we launched the ING Useful Loan with repayment in equal installments, which entrepreneurs could obtain on the spot in an ING branch. Today, we want to offer our customers more digital tools, truly relevant to their needs, that is why the ING Useful Loan can be obtained 100% online, with instant access to money, through the ING Business platform. Therefore, it is one of the fastest loans for micro-entrepreneurs and small businesses in all fields: from construction, transport, and production to consulting and services, to capitalize on commercial opportunities or for unforeseen expenses. This loan confirms our strategy to offer simple and digital solutions, including financing, available anywhere and anytime, for ING entrepreneurs and their businesses,” – Mihaela Otel, Director of Product Development, within the Business Banking Division at ING Bank Romania.
Who can access the ING Useful Loan?
The ING Useful Loan was created for micro-entrepreneurs and small businesses with a turnover of up to RON 9 million. Entrepreneurs can obtain up to RON 500,000 for current expenses or other expenses specific to the business’s activity (suppliers, salaries, payment obligations to the state budget, stock purchases, etc.). The verification of eligibility and financial situation is carried out automatically by the Bank, without the need for financial documents or material guarantees, for approval and instant access to the loan.
How can customers access the ING Useful Loan online?
Eligible ING customers can access Products -> Loans -> I want a new loan section in the ING Business web platform. The process is simple and intuitive. In the loan application, they will validate the business’s data, see the amount they qualify for and receive a free electronic signature required to sign the loan agreement. After signing, the money will be available immediately. Both for customers and for those who are not yet ING customers, this loan is also available in all ING branches, where it is also granted on the spot.
Opening an additional account and requesting a new card is 100% online in ING Business
In addition to the online loan, ING brings innovations to the ING Business platform:
ING customers can open an additional account online, accessible within a maximum of two minutes after sending the request. The account can be opened in six currencies: RON, EUR, USD, GBP, CHF, or HUF.
They can also request an additional card online, issued in the legal representative’s name, with the possibility of sending it to the desired postal address. Opening the new account and issuing the new card can now be done quickly, also in ING Business, in the Products section.
Source: the Bank`s press releaseÂ
