SME Bank Will Provide RUB 150 M for SME Capex via Leasing Structures
OREANDA-NEWS. October 21, 2014. SME Bank (Vnesheconombank Group) will provide RUB 150 million to Baltic Leasing. The company intends to lease new manufacturing equipment and special-purpose machinery to SMEs.
The support is provided under Leasing – Targeted credit product for 5 years. The resources will be channeled to enterprises involved in modernization and development of production facilities.
SME Bank and Baltic Leasing have cooperated under the Program since 2009. The partners have concluded 14 agreements for RUB 1.5 billion. 348 SMEs have received support.
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