Facilities Granted to Active Supermarkets on Snapp Market

Supermarkets active on Snapp Market can benefit from Blonk facilities in line with their activity on the platform.

The joint plan of Snapmarket and Bluebank to solve the liquidity challenge of supermarkets

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Snapmarket, in collaboration with Bluebank, has started a plan to grant facilities and provide working capital to supermarkets active on this platform. A plan that aims to increase the resilience of local businesses and to solve the liquidity challenge of these businesses in the current economic conditions.

Within the framework of this cooperation, supermarkets active in Snapmarket can benefit from Blonk facilities in accordance with their activity on this platform. This facility helps stores to cover a part of their financial needs and increase their purchasing power and stock supply.

Hejir Mofakharian, CEO of Snapmarket, said about this project:

"Snapmarket store partners are the most important assets of our ecosystem. In the past months, many local businesses have faced challenges such as reduced liquidity and limited working capital. We believe that the development of online business is not possible without the growth and stability of these businesses. For this reason, in cooperation with Bluebank, we have tried to facilitate access to financial resources for store partners so that they can focus on developing their business and providing better services to customers with less worry.

The joint plan of Snapmarket and Bluebank is designed with the aim of providing a simpler solution for local supermarkets to access financial resources. Based on the mechanism of this plan, the applicant store will receive Snapmarket payments for one month through this account by opening an account in Bluebank or introducing their active account. After completing this course and checking the conditions, it is possible to use the facilities for the store.

During the refund period, Snapmarket settlements with the store will also be credited to the Bluebank account. This mechanism simplifies the process of receiving and repaying facilities for store partners and provides them with the possibility of more regular financial planning.

In recent years, Snapmarket has tried to provide its store partners with services and tools that help their business growth and sustainability, along with the development of online sales infrastructure. The implementation of the working capital financing plan in collaboration with Bluebank is also part of this approach, which considers local stores not only as suppliers of goods, but also as partners of Snapmarket in the development of online business.

This collaboration strengthens Snapmarket's long-term relationship with store partners and creates new opportunities for their business growth; Local stores that today are an important part of the infrastructure to meet the daily needs of Snapmarket users across the country.