OREANDA-NEWS. Raiffeisenbank and Rosinter Restaurants Holding OJSC have signed an agreement on lending to the company's franchisee partners,, on favorable terms.

Entrepreneurs who manage IL Patio and Planet Sushi under franchise agreements have the unique offer of borrowing from Raiffeisenbank, one of the largest banks who deal with small businesses. Franchising partners of Rosinter may be offered an unsecured loan at concessional interest rates, payroll card programs as well as services of the bank's collection office.

“We estimate that businesses which areconducted with entrepreneurs operating under franchise agreements will bring less risk to the bank. It can especially be said about such prominent franchises such as IL Patio and Planet Sushi. This means that we can offer favorable conditions of lending for the partners of Rosinter”, said Roman Zilber, the Head of Department of Operations with Mass Affluent, Small and Micro Businesses of Raiffeisenbank.

“Rosinter is the largest franchisor in the casual dining restaurants segment; it offers the right to develop the verified business model to the partners under their own brands - IL Patio and Planet Sushi. Business development under franchising is one of the priority lines of business of the Company, and cooperation with Raiffeisenbank is considered to be a positive and prospective initiative. This joint program is one of the first such programs at the Russian market of banking services. We are sure that the uniqueness of this program will be a sufficient stimulant to continue the dynamic development of the franchising business of Rosinter and development of lending of small businesses for our partner bank”, commented Denis Korablev, Chief Financial Officer, Rosinter Restaurants Holding OJSC.