EastWest and Lazada recently signed an agreement to support the business capital needs of the eCommerce giant's rapidly growing network of online sellers.
The partnership enables Lazada Sellers to avail of EastWest's Wholesale Loan for P25,000 up to P2 million at special low rates and flexible payment terms. EastWest also streamlined the approval and disbursement process to provide these merchants faster access to financing, so they can build their business in step with the fast-moving digital eCommerce space.
Lazada Sellers can apply for an EastWest Wholesale Loan to buy stocks for the upcoming seasons, bridge their short-term cash flow gaps, and finance their other business needs through the Lazada Service Marketplace.
The partnership with Lazada is another way for EastWest to support the growth of small and medium enterprises and to enable more entrepreneurs to embrace digital banking and eCommerce.
Visit https://www.lazada.com/sellercenter/ph/service-providers/wholesale-loan-solutions/ for more information on this exclusive loan facility for Lazada Sellers.