OREANDA-NEWS. October 04, 2013. Sviaz-Bank (Vnesheconombank Group) and Techtransleasing LLC have entered into a general agreement on a nonrevolving framework credit line with a limit of 400 million rubles to be opened to the company.

The funds borrowed for a drawdown period of four years are to be used to finance the company’s leasing contracts. The Bank has been providing funding for the company’s various projects since 2010.

Techtransleasing LLC specializes in leasing out armored vans for the money collection services, retail leasing of all types of equipment, specialized machinery, and vehicles, and leasing facilities for pharmaceutical companies. The company has been operating under a leasing contract for the FSUE Post of Russia since 2010.

The company also cooperates with several banks funding leasing projects initiated by Techtransleasing LLC, in particular, Sberbank of Russia, PSCB (St. Petersburg Social Commercial Bank) OJSC, and MSP (SME Support) Bank OJSC.