OREANDA-NEWS. January 18, 2010. The Russian Bank for Development that is implementing the SME Lending Support Program is improving SME lending support mechanism via infrastructure organizations. Within the framework of this work a loan facility agreement was signed with ZAO Russian Factoring Company (Moscow), reported the press-centre of RBD.

Pursuant to the agreement RBD has granted a loan to ZAO Russian Factoring Company worth RUR 300 million with a 1-year maturity.

The allocated resources will be channeled to financing the company’s clients representing small and medium-sized enterprises that may use the resources both to support their current operations and to develop their business.