Financial Group Banca Transilvania launches BT Mic, company dedicated to financing small businesses. This start-up complements BT’s role in supporting entrepreneurs in Romania, and the segmentation of company clients at Banca Transilvania is now the following: micro, SMEs, corporate clients and large corporate clients.

Details:

• Through BT Mic, financing is granted to entrepreneurs who have an annual turnover of up to 1 million lei, regardless of the field of activity and the form of organization: commercial companies, authorized individuals, family enterprises/associations, individual enterprises, freelancers, persons carrying out economic activities.
• Loans are offered if the companies have at least 3 months of economic activity. The credits can be intended for supporting and developing day-to-day activities, purchasing goods, paying suppliers, investments in work points and/or opening new ones, purchasing machines/equipment, etc.
• Through BT Mic, the approach to clients is individual, personalized, aiming to understand each business and agreeing on a financing structure that ensures its development in a sustainable way. Clients benefit from flexibility regarding the requested guarantees and amounts of up to 120,000 lei.
• The credit granting period is up to 7 years.
• Loans are granted quickly through the BT Mic network and Transilvania Bank.
• BT Mic is coordinated by Cristina Sindile, general director, a person with relevant experience in microfinance.

Statements Financial Group Banca Transilvania:

Ömer Tetik, General Director, Transilvania Bank: “BT Mic is an initiative of our team, becoming a start-up of the Financial Group Banca Transilvania through which we help small businesses grow. BT, as the bank of enterprising people, now has the largest support ecosystem for SMEs in Romania”.

Cristina Sindile, General Director, BT Mic:“We want to provide very good services to small entrepreneurs, and in this regard we come with fast, flexible, and personalized financing solutions. We have a team with a very good understanding of small businesses, made up of enthusiastic people with an entrepreneurial spirit, like our clients. We are confident that we will facilitate access to financing in a responsible manner for a large number of clients.”

The story of BT Mic:

BT Mic Story – the journey from idea to launch, impressions of some team representatives and what is the connection between BT Mic and “BT Mare” (Transilvania Bank) - is presented on the BT Blog.