Santander partners with Mercado Libre to finance car sales

Santander Argentina and Mercado Libre closed an agreement that makes available to users of the e-commerce platform a line of collateral financing for vehicles’ online purchase by a single click. The funding has a limit of up to 3.1 million pesos, significantly reducing granting and leaving the paperwork only for the last stage of the operation. The new service has more than 22,000 publications, 75% of which are new vehicles and 25% used.

Source: Ámbito