SME Bank Launches New Сredit Product
OREANDA-NEWS. July 05, 2013. SME Bank (Vnesheconombank group) launches a new credit product – SME Microloan providing financial support to small enterprises via partner banks. The loans will be up to RUB 3 million with a three years' maturity.
SME Microloan is an evolution of MFO-Bank credit product with due regard to the experience and preferences of the partner banks.
The product’s parameters offer ample opportunities for SMEs. In particular they enable entrepreneurs to invest in fixed assets, purchase and upgrade equipment and expand their business free of industry-specific or regional limitations.
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