Many solutions to accompany and support business households

Mr. Truong Thanh Tuan (36 years old, Hanoi), owner of two grocery stores, shared: "We, small-scale business people, always want to rotate capital and have money to reinvest in buying goods, especially during peak holiday seasons. Therefore, choosing the right bank, reasonable loan term, and preferential interest rate loan package is something that those of us who do business and trade are very interested in."

Understanding the need for financial support for individual businesses and small traders, VPBank has recently launched a business loan package with preferential interest rates from 5.39%/year, providing flexible and effective financial access opportunities for this potential customer group. A VPBank representative said: “With the goal of providing maximum support to individual businesses, the bank is constantly innovating and optimizing financial solutions to help customers access capital quickly and flexibly. The implementation of this preferential mortgage business loan interest rate package is not only a solution to support cash flow but also a driving force to help businesses expand production, invest effectively and grow sustainably.”

Business households can enjoy preferential interest rates when borrowing capital from banks.

Similarly, Agribank also launched a preferential short-term credit package of VND50,000 billion for individual customers. Applicable from now until June 30, 2025 or until the full disbursement, the program aims to effectively support cash flow, with simple procedures and attractive interest rates from only 4.5%/year, suitable for revolving capital needs and production expansion. In addition, Agribank also offers many flexible lending methods to suit the actual needs of customers such as single loans, loans according to limits, or overdrafts on payment accounts.

Not only supporting business households through preferential loan programs, some banks have provided technological support solutions to help borrowers optimize resources, creating a premise for development, especially in the context of the current strong growth of cashless payment trend.

For example, Techcombank has launched a ShopCash overdraft loan solution (unsecured loans without collateral) on the mobile application. Customers who are business households and small traders can receive many exclusive privileges such as receiving pre-approved capital with a limit of up to 500 million VND, no collateral required, no activation fee. Thanks to the application of technology, the lending process is carried out entirely through the electronic banking environment, borrowers do not need to go to the bank.

Banks support businesses with many solutions

At TPBank - one of the banks that has invested heavily in technology in recent years, many solutions have been launched for business customers. Business owners who download the TPBank app can experience a full suite of specially designed smart financial management solutions. One of the notable features for business owners is "Shopname Account" - a feature that allows using the Shop name/brand name as the Account Name. Customers who transfer money only need to type the shop name instead of entering the account number. This application helps businesses increase brand recognition.

In addition, TPBank representative said that cash flow management has never been simpler with the "Balance Change Notification" feature, which allows notification of money received into the account in parallel on both the business owner's and employee's devices. Every time the account receives a QR transfer, both devices are notified. The best part is that the total balance and money transfer transactions from the account can be customized and kept confidential if the business or trader does not want to share. This bank also has the "Universal QR" feature, which allows receiving QR payments from domestic banks and banks from Thailand, Cambodia, and China. With this technology, businesses can even accept international card payments from tourists from these countries via QR codes without the need for any additional equipment.

In addition, many banks have introduced sales speaker solutions - smart devices that announce transaction amounts by voice, supporting quick and accurate transaction notifications.

Using sales speaker devices, each successful transaction is immediately notified of the amount that the customer has successfully paid. This not only minimizes the risk of confusion and loss of money but also enhances the customer experience thanks to the fast and professional payment process. In addition, the device also encourages customers to pay via QR, contributing to promoting the trend of non-cash payment that is growing strongly in Vietnam.

Source: https://thoibaonganhang.vn/nhieu-giai-phap-dong-hanh-ho-tro-ho-kinh-doanh-163343.html