Loans issued against Fund guarantee

If you lack sufficient collateral, but wish to obtain a loan under the Credit-Moscow Bank Programme for Small and Medium-size Business Loans, you can apply for a guarantee from the Moscow Support Fund for Small Business Loans.

The Fund will provide you with a guarantee for up to 50% of the requested collateral amount.

Our experts will be happy to advise you on any issue related to obtaining loans against Fund guarantees.

HOW TO OBTAIN A LOAN AGAINST FUND GUARANTEE

Complete an on-line loan application and contact our experts:

Moscow: (495) 72 707 72
Saint-Petersburg: (812) 325 86 46
Vladimir: (4922) 27 86 72
Belgorod: (4722) 27 88 77

Submit required documents to Credit-Moscow Bank for a preliminary loan decision.
Receive loan approval from Credit-Moscow Bank within 3 working days.
Accept the Bank’s loan conditions and receive approval from the Fund.
Submit the complete set of documents to the Bank required for obtaining a loan.
Sign a loan contract with the Bank, a guarantee contract with the Fund, and obtain the requested loan.

GUARANTEE CONDITIONS

Guarantees are not provided in the event that a loan is obtained for salary, tax and other compulsory payments, or paying expenses to service credits, loans and leasing contracts.
Guarantees are not provided to small business enterprises engaged in gambling, mining operations and sales, and to enterprises acting as participants in production sharing agreements.
In return for a Fund guarantee, small business enterprises must pay an annual remuneration fee to the Fund in the amount of 1.75% of the guarantee sum.

REQUIREMENTS FOR SMALL BUSINESS ENTERPRISES

Registration with the Moscow Register of Small Business Enterprises.
Client’s business must have been operational for a minimum of 6 months at the time of application to the Fund.
No infringements of the terms and conditions stipulated by previously signed loan contracts, leasing contracts, etc. (a one-off delay of up to 5 days is possible) within 6 months prior to the Client’s application to the Fund.
No overdue debts as regards the payment of taxes and dues to budgets of all levels as of the last reporting date prior to the Client’s application to the Fund.
No bankruptcy proceedings, including: supervision, financial restructuring, external management, full bankruptcy proceedings, or sanctions such as license withdrawal or suspension (if the Borrower’s business activity is subject to licensing) within a two-year period (or a shorter period depending on the duration of the commercial operations performed by the Client) prior to the Client’s application to the Fund.