Bank loans for business development: loans and financing for small businesses

In order to make loans for corporations more accessible for a wide range of entrepreneurs, Credit Moscow Bank has developed the Small Business Lending Program.

Bank loans are one of the main forms of financing for small businesses. The Bank extends loans secured by mortgaged liquid assets on favorable terms within the shortest period of time.

Credit Moscow Bank offers the following forms of small-scale loans:

• Unsecured EXPRESS LOANS
  Bank loans from RUR 300,000 to RUR 800,000 without security; repayment period – up to 18 months;
• Partially secured loans
  Loans up to RUR 1,500,000 for a period of up to 24 months;
• CAR loans
  Loans up to RUR 10,000,000 for a period of up to 36 months.
  Purchased vehicles may be used as security;
• EQUIPMENT loans
  Loans up to RUR 10,000,000 for a period of up to 36 months.
  Purchased equipment may be used as security;
• LOANS secured by any mortgaged liquid assets
  Business development loans secured by any mortgaged liquid assets up to RUR 10,000,000 for a period of up to 36 months.
• CORPORATE loans
  Loans from RUR 10,000,000 to RUR 100,000,000 for a period of up to 36 months.

Simplified procedure for issuing loans to small business:

• Loan applications considered within 3 working days upon submission of the minimum required documents  
• No independent expert evaluation required of pledged assets
• Pledged assets evaluated at market, not balance-sheet value  
• Loans provided by Credit-Moscow Bank on the basis of a Borrower business analysis using data on the Client’s actual business status
• Loans issued against any liquid asset, including personal property and the property of third parties  
• Loans may be guaranteed by the Support Fund for Small Business Loans should the Client be unable provide sufficient collateral

Main requirements for borrowers when issuing loans to small business

• Business has been operational on an uninterrupted basis for at least 6 months;
• Client’s business must be located and registered in the Moscow, Saint-Petersburg or other Bank's Regions

Moscow: tel.: (495) 72-707-72; fax: 237-52-98; Address: 8, 6th Monetchikovsky Lane.
Saint Petersburg: tel.: (812) 635-75-75, fax: 310-13-69; Address: 54, Sadovaya Street.