Online POS Terminal Loan
Immediate loan to take care of the things that can't wait
Because if your everyday business needs can't wait, neither can the liquidity required to make it grow. Apply for your Online POS Terminal Loan and get ahead of what can't wait in a flexible, simple and fast way.
- Instantly in your account, with no paperwork and no proof of use.
- Pay it back at your own pace and in line with your invoicing: you only pay for the days you invoice.
Here are the conditions and advantages:
- Request from €300 up to €50,000 at 0% interest and a personalized commitment fee*.
- Pay it back in a maximum of 150 days with 20% of the daily remittance of your POS terminals. And, if you want, you can pay it off early, at your own pace and with no minimum amount.
- And now, if you have more than two stores, you can join the loans in a single Online POS Terminal Loan.
*Conditions exclusive for the recipient of the communication. The amount of the financing limit will be subject to the bank’s prior credit rating and solvency assessment and may be modified or revoked if the customer’s circumstances change. The application, granting and maximum amount are subject to approval by BBVA.
The loan's maximum repayment term is 150 days. On the last day, the amount pending repayment on that date will be charged to the payment account. You will not be able to apply for an "Online POS Terminal Loan" again until the previously borrowed amount is fully repaid.
EXAMPLE: Assuming a €20,000 draw with a customized initial commitment fee of 1.60% (€320), and assuming that the merchant has not processed any daily sales with their POS terminal for 150 days (the maximum term), the loan will be repaid in full at maturity for the total amount of €20,000. The Annual Percentage Rate (APR) of the transaction will be (3.87% APR); (NIR 0%). Calculated based on the effective loan amount and the terms of the contract, in accordance with Bank of Spain Circular 5/2012 of June 27.