International Practical Conference «Russian Financial Market» International Practical Conference «Russian Financial Market»
SMALL AND MEDIUM BUSINESS AS THE BASE OF THE STABLE CIVIL SOCIETY
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17/04/2007

Moscow Credit Bank offers new program for businesses

Moscow Credit Bank offers corporate customers a new program - a loan for the purchase of equipment and vehicles purchased under the collateral property. The new bank will allow companies to acquire the necessary for the further development of business equipment, not providing additional collateral.

Credit granted for equipment purchased in the companies - partners of IBC. The amount of the loan can range from 150 thousand up to 7.5 million rubles, or from 5 thousand up to 250 thousand dollars. Borrowed funds may cover up to 100% of the value of the acquired assets. Term loan - up to 3 years. The interest rate depends on the duration, amount and currency of the loan.

Repayment of the loan is carried out in equal monthly installments over the period of loan or on an agreed schedule with the client. In some cases the possibility of postponing the start of payments on repayment of the loan. Basic requirements for borrowers: a stable business with a period of not less than 6 months (a period of official registration of at least 3 months), at least one of the owners (founders) business - a citizen of the Russian Federation share the State's participation in business - less than 50%, a place of business is to Moscow and Moscow region.

Source: Banki.ru

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