Uniastrum Leasing Offers Small Business Longer-Term Loans
OREANDA-NEWS. November 22, 2011. Under the scheme, the monthly cost of leasing, for instance, a 4,000,000-ruble bed truck for 5 years with upfront payment of 25% comes to less than Rb 80,000. Moreover, average annual appreciation is below 9% irrespective of the manufacturer.
For enterprises looking to acquire equipment or production lines, the loan term has been extended to 4 years. Meantime, SMEs can also take advantage of a property leasing scheme offering credit repayable over 8 years. As is common practice in the leasing sector, companies can access any program without the need for additional collateral – the equipment acquired serving as sufficient security.
Uniastrum Leasing’s latest initiative is open to all small and midsize business operating within Uniastrum Bank’s service area. For more details, visit: http://www.uniastrum.ru/sme/leasing/
“Longer leasing periods mean that companies can make monthly payments on leasing contracts without putting a strain on their budgets and at the same time make leasing loans more accessible to smaller businesses,” notes Uniastrum Leasing CEO Timur Boitemirov.
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