SeABank launches SeAShop unsecured loan package: Capital solution for household businesses
Saturday, Sep/27/2025 - 07:30
(L&D)-Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) has officially launched the SeAShop Unsecured Business Loan product to support household businesses and online shop owners seeking to expand their working capital, offering a preferential interest rate starting from only 1.08% per month, fixed throughout the loan term.
In the context of the post-pandemic economic recovery, small-scale business models and e-commerce in Vietnam have recorded strong growth, ranking among the world’s top 10 (according to data from Aglobal, a provider of e-commerce services). According to the Ministry of Industry and Trade, in 2024 the market size reached over USD 25 billion, up 20% compared to 2023, accounting for around 9% of the country’s total retail sales of goods and consumer service revenue. This demonstrates that consumers are increasingly favoring online shopping methods. At the same time, more than 5 million household businesses and small shops nationwide face difficulties in accessing bank credit due to a lack of collateral and the necessary documents/procedures for borrowing.
Capturing this trend, SeABank has officially launched the SeAShop Unsecured Business Loan product to support household businesses and online shop owners in need of expanding working capital, purchasing goods, or renovating business premises. A SeABank representative stated that SeAShop is designed around three key factors: speed, flexibility, and transparency. A standout feature of this product is that customers only need to prove revenue through a bank account statement or tax declaration, with no collateral required, thereby expanding access to capital for customer groups outside the traditional credit sector. At the same time, the application process is simplified, and disbursement is made directly via the SeAMobile app, allowing customers to monitor their loans transparently, easily, and quickly.
SeABank officially launches the SeAShop product
In addition, SeAShop offers several outstanding advantages: an interest rate starting from 1.08% per month, fixed throughout the loan term, enabling household businesses to easily forecast capital costs; a loan limit of up to VND 300 million, equivalent to the average monthly sales revenue of many small shops; and no early repayment fee, helping customers reduce costs when settling loans ahead of schedule.
SeAShop is designed for household businesses operating in sectors such as food retail, fashion, cosmetics, furniture, and more, as well as those doing business on digital platforms such as Shopee, TikTok Shop, Facebook, and Zalo. These customers typically have high revolving capital needs, are familiar with digital technology, and prefer flexible financial products without binding conditions.
Notably, SeAShop was developed by SeABank with the support of international partner Women’s World Banking—a global non-governmental organization promoting financial inclusion and empowering women. The product targets individual household businesses, with a particular focus on those led by women, a customer group that often faces significant barriers in accessing traditional credit.
Through SeAShop, SeABank aims to accompany the growth of millions of household businesses in Vietnam and contribute to advancing financial inclusion. The product not only provides customers with transparent access to capital at competitive interest rates but also promotes the digitalization of the financial and banking sector. To support household businesses more sustainably, SeABank has partnered with Women’s World Banking to create the Facebook fan page “Startup Community 5.0,” which seeks to share deeper insights into business and entrepreneurship experiences.
The launch of SeAShop also reflects SeABank’s commitment to expanding its retail and digital finance segments, focusing on potential markets such as individual household businesses and e-commerce. At the same time, it helps ease credit bottlenecks, supports household businesses in strengthening their resilience, and contributes to achieving the national goal of two million enterprises.
Interested customers can learn more and register at http://bit.ly/4ksuZRH or call the customer service hotline at 1900555587.
Under its “Digital Convergence” development strategy, SeABank focuses on digitizing products and services, applying technology in internal operations, and investing in modern technological infrastructure to optimize processes, enhance operational efficiency, and deliver a distinctive digital banking experience, with the goal of becoming the most preferred retail bank.
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