SME Bank, a subsidiary bank of the SME Corporation, has expanded its line of express loans for small and medium-sized businesses. The new product provides for the provision of up to 15 million rubles for the purchase of used equipment. The minimum rate is 10.25%. The loan term is 5 years with the possibility of postponing repayment of the principal for 90 days.
"Launching an express loan for used equipment, we were guided by the request of the business, together we discussed the appropriate parameters and terms of lending. In addition, in the conditions of sanctions, there is a certain shortage of equipment on the market, the possibility of purchasing used equipment will help maintain profitability. Also, credit funds can be used for delivery, commissioning and tooling," said Alexander Isaevich, Chairman of the Supervisory Board of SME Bank, CEO of SME Corporation.
The new express loan allows you to purchase used equipment without collateral and without assessing its value. One of the few conditions is that the borrower's registration period must be at least 18 months. As collateral, entrepreneurs are provided with "umbrella" guarantees of the SME Corporation with coverage of up to 50% of the loan amount.
"We see a lot of business interest in express lending - now it is the most popular product of SME Bank. Due to the full automation of the process, it takes no more than three days to make a decision. At the same time, the interest rate offered by the bank is a real, more profitable alternative to expensive consumer loans," Alexander Isaevich said, stressing that the main line of express products is currently being finalized.
Recall that the SME Bank provides business support within the framework of the national project "Small and medium-sized entrepreneurship and support for individual entrepreneurial initiative". Its implementation is supervised by the First Deputy Chairman of the Government of the Russian Federation Andrey Belousov.
/ Ministry of Arctic Development and Economy of the Murmansk region /