International Practical Conference «Russian Financial Market» International Practical Conference «Russian Financial Market»
SMALL AND MEDIUM BUSINESS AS THE BASE OF THE STABLE CIVIL SOCIETY
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News

11/05/2007

Absolut Bank improved the terms of lending programs small and medium business

Absolut Bank improved the terms of lending programs small and medium-sized businesses
Absolut Bank has changed the terms of their lending programs for small and medium-sized businesses: terms of overdraft lending rose by half from six months to 1 year, provided the overdraft limit has been increased from 30% Up to 50% of the average credit turnover on current account, a minimum interest rate reduced to 14% per annum. Under the program, an overdraft is granted without collateral, the personal surety business owners or managers of the company. The application is seen within 5 working days. The loan amount can be from 1 to 15 million rubles. Term of funding - up to 21 days when entering into a contract for a period of 1 year.
Vice Chairman of the Absolute Bank Oleg Skvortsov:
"The main advantage of our new program for the client is to receive bezzalogovy loan and repay it to the maximum convenient form for him. Understanding the needs of our borrowers - the owners of small and medium businesses, we strive to match them by analyzing the rapidly changing market, expanding the bank's product line and improve our program ".

Source: Kredity.Ru

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