SME (Small and medium business) loans
Business development is always associated with certain financial difficulties. Such difficulties will help to solve loans designed specifically for small and medium businesses.
Quick process of registration and the minimum list of documents
the decision on granting of the loan is given within 1-3 days
No additional costs
e.g. opening an account, cashing out, assessing and insuring real estate
Grace period and payment plan in view of the type of activity
Credit lines and long-term collateral agreement
Possibility to make parallel loans
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Conditions
Amount | 50.000₼ to 3.000.000₼ |
Maturity | up to 60 months |
Interest rate | depending on the amount, term, provision, financial condition and credit history |
Disbursement fee | 1% |
Collateral | real estate, vehicles, home equipment, stock and guarantors |
Repayment | monthly by equal installments (interest is paid only on the remaining balance) |
Requirements
- Engage in any business activity
- Submit the necessary documents
- Provide full information on current and planned business activities