OREANDA-NEWS. April 27, 2011. The lender’s Sensible Credit for Small Business option is an exclusive package that enables enterprises to select the most suitable loan facility depending on their goals, financial strength and/or individual projects, reported the press-centre of Uniastrum Bank.

Uniastrum’s Sensible Credit program is an ideal way for small enterprises and sole proprietors to secure financing, whether it be in the form of credit to expand their operations, a special-purpose loan to acquire commercial real estate or vehicles, a planned overdraft, or funding for rental activities.

Uniastrum is offering lower rates of interest for disciplined borrowers taking out loans from Rb 5mn – Rb 50 mn. As of the start of the second year, each quarter the Bank will automatically reduce the rate by 0.5%, which means that credited customers with punctual payment records pay 3.5% less on the original rate. The loan arrangement fee is 0.5% of the principal and the borrowed funds can be collateralized by way of moveable and immovable property and/or a guarantee provided by a small business assistance fund covering 50% of the loan commitment undertaken. For more details regarding this lower-interest program, visit www.uniastrum.ru.

Conspicuous benefits of Uniastrum’s small business lending options include competitive rates, generous repayment periods, quick and easy access to funding, no hidden charges, special terms for certain business sectors, and favorable conditions for renegotiating loans with other banks. To apply online and to book a meeting with one of the Bank’s loan advisers, click on www.uniastrum.ru.

“Sensible Credit is a unique type of credit structuring kit which helps borrower enterprises and Bank specialists put together a loan facility that best suits the customer’s requirements,” explains Svetlana Chubakova, Uniastrum Vice President for small business development. “Before too long we plan to launch an alternative program offering lower interest rates for the first year. This particular scheme has been purposely designed for investment projects, which invariably require that funding is available in the first few years.”