At 1 April 2007, the number of loans to VTB 24 small businesses was 10 893. of P compared to the same period of 2006 this had risen to more than 4 times. In March 2007, the Bank issued more than 1 thousand of loans to small business.
volume of small business loan portfolio at 1 April 2007, has grown over the same period last year, almost 5 times and amounted to 936 million dollars. Since the beginning of 2007 the portfolio grew by 157 million dollars.
Main advantages of small business lending are:
large amounts of financing - loan amount up to 5 million U.S. dollars;
minimal cost of obtaining the loan (to review loan applications - 3 days for microcredit, 5-7 - for loans for business development);
long-term credit - up to 5 years;
comfortable loan repayment schedule - annuity payments to pre-plan the diversion of funds to repay the loan, the possibility of redemption on the individual schedule that incorporates features of the client's business;
absence of costs associated with obtaining a loan - in most cases, our specialists will carry out its own appraisal of the property offered as collateral;
various forms of credit: one-time loan, line of credit and overdraft.
Source: Kredity.Ru
