Micro, small and medium-sized enterprises play an essential role in the Romanian economy, representing an important segment in the Romanian business environment, both in terms of the number of companies and their contribution to job creation and regional economic development. Micro and small businesses often face specific challenges that can affect their long-term development and success. Among the main challenges are: difficult access to finance, limited financial and material resources that make it difficult to expand, innovate and adapt to market changes, difficulties in adapting to technology and digitalization.
For micro-enterprises, especially those at the beginning of their journey, the purchase of technical or IT equipment for the office can be a challenge. Omnicredit identified this need of micro-enterprises and, in collaboration with Flanco Smart Discounter, the first electro-IT smart discounter in Romania, launched an embedded finance product that gives these companies access to a financing product that allows them to purchase technological and IT equipment for the office in equal monthly installments. In line with the rest of the products offered by Omnicredit, the Flanco loan is a 100% online financing product, with minimal documentation, simple and quick to access.
Get a Micro Credit from Flanco in a maximum of 3-5 hours
100% Online Lending – Minimal Documents
What is Flanco loan?
The Flanco loan is an embedded finance financing product, resulting from the Omnicredit – Flanco Smart Discounter Partnership, which allows micro-enterprises in Romania to purchase electronic products or even office appliances from one of the main retailers on the Romanian market, Flanco Smart Discounter.
This type of loan is addressed to all micro, small or medium-sized enterprises in Romania that have been active for at least 6 months and want to purchase products for up to 50,000 RON from Flanco Smart Discounter stores. The value of the credit will be equal to the value of the products purchased from Flanco Smart Discount stores. Depending on the value of the loan, it will be granted for a period of 6 to 12 months. For this type of microcredit, the only cost charged is the monthly interest, there are no fees for analysis, administration or early repayment.
Customers who want a Flanco loan must, first of all, go to a Flanco Smart Discounter store and choose the products they want. Once they have established what all the desired products are and their value, they will create an account on the Omnicredit platform and apply for a Flanco Microcredit. The enrollment and application process is very simple and only takes a few minutes. From the moment the customer submits all the requested documents, depending on the amount of the loan, he will receive the answer within 3-5 working hours. In case of approval, the customer generates his contract from his customer account, obtains a certificate for qualified digital signature and signs the contract, the whole process taking place online. After signing the contract, Omnicredit makes the payment for the products to the Flanco Smart Discounter store where the products were purchased and the store representatives deliver the products to the customer. The monthly payment of the installments related to the Flanco loan is made to the Omnicredit account mentioned in the contract.
Although the entire financing process is 100% online, customers benefit from the support of the Omnicredit team at all stages of lending.
It is an installment microcredit that can be easily accessed by any micro or small or medium-sized enterprise from anywhere in Romania, the entire process of enrolling the client, applying, analyzing and signing the contract is done 100% online, without unnecessary travel and with a minimum of documents.
Currently, Flanco Smart Discounter is one of the main electronics and household appliances retailers in Romania, with an extensive network of stores nationwide, located in the most important commercial areas and a significant presence in the online environment through the flanco.ro website, offering customers state-of-the-art technology, the most sought-after brands and innovative payment solutions.
This product is aimed at micro, small or medium-sized companies that have at least 6 months of activity regardless of the field of activity. Being a 100% online financing product, it is aimed at all Romanian companies, regardless of location.
You can purchase any type of products that are going
to be used by your business, phone, laptop, office equipment or even household
appliances that you are going to use within the company.
Yes, our products are aimed at all micro-enterprises regardless of the legal form of organization.
For this type of credit we do not charge an early repayment fee, customers can repay early at no additional cost.
Yes, sure. We have no restrictions on the number of loans that our customers must have as long as you meet our eligibility criteria and the company’s degree of indebtedness allows you to access a new loan.
Between 3 and 5 working hours from the moment we have the complete documentation, the customer will receive a response regarding the approval of the loan.
Customers can borrow up to 50,000 lei.
Depending on the amount of the loan, the maximum repayment period can vary between 6 and 12 months.
