Sacombank partners with MISA’s Lending platform to offer loans to small enterprises

Sacombank partners with MISA’s Lending platform to offer loans to small enterprises

Sacombank has tied up with MISA to integrate its financial solutions into the latter’s Lending platform as part of efforts to support small and medium-sized enterprises through a fully digitalised process.

Sacombank is partnering with MISA to offer SMEs faster access to capital via the latter’s Lending platform. — Photo courtesy of the bank

As businesses accelerate digital transformation and optimise resources to expand operations, the need for fast and flexible access to finance has become increasingly essential, but many continue to face challenges arising from complex documentation and lengthy procedures.

The MISA Lending platform offers businesses a secure and streamlined channel to access capital.

Its key advantage lies in its end-to-end digitalisation.

By directly connecting data from the MISA Lending platform with the bank’s systems, customers can proactively select the most suitable loan products for their needs, simplifying the application process and reducing the processing time.

Sacombank is offering two financing options for SMEs on MISA Lending: a working capital loan package and a corporate credit card. The total credit limit is VNĐ5 billion (US$189,768), including unsecured credit of up to VNĐ1 billion.

The working capital loan charges simple interest, and SMEs can make early repayment without penalties.

The corporate credit card provides interest-free credit for 55 days.

Through its partnership with MISA, Sacombank reaffirms its role as a trusted partner for the business community, providing SMEs with swift and flexible access to capital and laying a solid foundation for sustainable growth.

The initiative also supports comprehensive digital transformation and contributes to the development of Việt Nam’s private economic sector. At the same time, it marks an important step in Sacombank’s broader digital transformation strategy in line with the national digital transformation agenda. 

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