TBI Bank partners up with Termene to offer convinient business loans in a digital environment

Bucharest , 10th of June 2020 – TBI Bank announces a new partnership with Termene.ro platform to offer companies an innovative financing solution for their business and to provide a better customer experience.

Companies using Termene.ro can now access a business loan directly on the platform, in a digital process, with no visits to the bank, un-necessary bureaucracy or collaterals. The online application process lasts for just 5 minutes, and the required documentation is limited and at hand to any business owner. The response to the application is received within 24 hours. Through this partnership, TBI Bank and Termene.ro offer financing up to 15,000 EUR (in RON equivalent), for a period of 12 months, to small businesses looking for a quick and convenient financing solution to develop their business or simply cover inherent cash flow gaps.

“Especially in the current volatile economic environment, companies are scrambling to navigate the impact of business disruptions during the coronavirus outbreak. We’re committed to helping our small and medium-sized business customers keep business running and navigate this difficult time including facilitating quick access to much-needed financial support.”, says Mrs. Florentina Mircea, Executive Director TBI Bank.

For Termene.ro, the partnership with TBI Bank is yet another step towards becoming a “one-stop-shop” for companies in Romania. In addition to the existing wide range of products and services that aim at an efficient, safe and sustainable long-term business administration, Termene.ro clients can also access digital loans to finance their business plans.

“Access to finance is one of the major concerns of companies that need support for their growth in the New Normal. The digital environment and access to data offer us the opportunity to be close to managers and entrepreneurs in real-time for business growth solutions. After a series of partnerships with large companies, we are happy to announce this new project with an innovative bank through which we can help due to our experience in business intelligence”, says Adrian Dragomir, Termene.ro co-founder.