Allegro Merchant Finance is an innovative service through which merchants receive a personalized financing proposal directly on the Allegro platform. As a financing provider, we prepare an offer based on historical transactional and qualitative data about the seller.
The entrepreneur uses financing when he needs it. He can use the funds for any business-related purpose (e.g., buying goods when they are available on promotion). The liability is repaid in monthly installments and is automatically taken from the generated turnover of the entrepreneur. The Merchant Finance service supports the purchasing power of Allegro’s business users.
PragmaGO provides financing security, constancy and availability of funds for sellers using both Merchant Finance and Allegro Pay Business. As a fintech with an in-house software house, we have implemented technical solutions that allow a transfer to a seller’s account to be completed within 3 minutes of submitting an application to Allegro Business. Thanks to the historical transaction data provided by Allegro, we are able to automatically prepare a personalized Merchant Finance offer, so that the seller receives financing terms that are optimal for their business. Merchant Finance is a high-tech solution that is simple, accessible and flexible from the user’s point of view. Allows you to finance day-to-day operations from future income, so it can be used in running your business on a daily basis
– says Danuta Czapeczko, Chief Growth Officer, responsible for partner integrations at PragmaGO.