RBD Signed Loan Facility Agreement with Finance and Trading Company
OREANDA-NEWS. June 08, 2011. The Russian Bank for Development has signed a loan facility agreement with Finance and Trading Company (Moscow) that provides factoring services to SMEs. Pursuant to the agreement the company will be granted a loan of RUB 100 million with a two-years tenor under “Factoring-Company” credit product, reported the press-centre of RBD.
The allocated resources will be channeled to Finance and Trading Company’s customers - SMEs supplying goods and services to processing and manufacturing enterprises, retailers and wholesale companies on deferred payment terms.
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