Leasing Company KAMAZ Realizes Program for SME
OREANDA-NEWS. July 21, 2010. Leasing Company KAMAZ realizes a program to supply small and medium size enterprises with OJSC KAMAZ’s products.
Under the government SME Lending Support Program, OAO Leasing Company KAMAZ and OAO Russian Bank for Development (RBD) entered into a credit contract under which RBD will grant Leasing Company KAMAZ a line of credit to the tune of 462 billion roubles for a term of 5 years within the limits of a credit product “Auto Leasing”.
It is planned to use these means to purchase vehicles and special equipment in order to later offer them in financial leasing to small and medium size enterprises operating in many regions of the
To date Leasing Company KAMAZ offers its corporate clients a complex product, including development of a vehicle in accordance with a customer’s requirements, a Trade-In program, and service maintenance. The conditions of KAMAZ vehicles leasing provide for advance payment of 20% of an original cost and execution of a leasing contract for a period of up to 42 months with an inflation index of 7%.
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