Moving a new business requires a lot of effort, study and money. That is why, in today's article, we are going to show you the Mercado Pago loan. The platform works with different modalities. They are fixed installments, percentage of sales and express money.

These modalities help you grow and boost your venture more and more. What's more, the loan amount can reach up to R$500,000. Read on to find out how to apply.

First, applying for the Mercado Pago loan is very simple. However, first it is necessary for the platform itself to make you an offer. After that, just request it directly in the Mercado Pago application.

But for this to happen you need to have a good reputation on Mercado Pago and a good financial history, as well as having sold at least R$ 100.00 in the last two months on Mercado Livre or Mercado Pago.

So, if you meet all these requirements, the pre-approved offer will appear in your app in the “Credit Market” area. Furthermore, after you make the request, the money will be transferred to your Mercado Pago account and then transferred to your bank account.

Unfortunately, it is not possible to apply for the loan over the phone, as the process is done through the application. Also, they do not provide a contact number. So, if you have any questions, just access the help tab on the website or app.

As we mentioned, after receiving the offer, all you have to do is apply for the loan through the application itself. Furthermore, the process is very intuitive, as the app informs you step by step as you follow the steps. It is worth mentioning that the money falls instantly and you can transfer it to your bank account in a few minutes.

After knowing more about the Mercado Pago loan, let's show you a little about the Creditas loan. Incidentally, both loans have advantages and disadvantages, it's a matter of understanding what works best for your reality. So, compare them and decide which option fits your pocket best.