Loans for Business Clients

Credit-Moscow Bank offers business clients a wide range of credit products developed according to the needs and demands of potential borrowers:

  • Short-term loan in roubles and foreign currency

This loan is intended to satisfy short-term needs (1 month to 1 year) for borrowed funds. The loan is granted by a single-time transfer of monetary funds into the Client’s account with collateral placement according to the Bank’s requirements.

  • Non-renewable credit lines

This loan is granted in tranches for a fixed period, the total amount of monetary funds granted to the Client does not exceed the maximum amount (limit) stipulated in the agreement – the borrowed amount limit. Upon conclusion of the agreement, credit tranches are granted pursuant to the Client's applications.

  • Renewable credit lines

During the period of validity of the credit agreement, the Client may borrow and repay the credit within the set limit based on revenue entering the settlement account, according to the Client's needs to pay suppliers and contractors. It allows cyclic-production companies to plan cash flows precisely and considerably economize on paid interest.

  • Short-term credit within the framework of the renewable credit line

This loan is granted in tranches for a period of up to 30 days within the set limit. The limit is set within 30% of the average monthly turnover of the Client’s settlement account over the previous 6 months. The credit is secured by the personal guarantee by the borrow’s managers.

  • Financing foreign trade

This credit / credit line is granted for a period of up to 180 days. The credit is secured by the pledge of inventory holdings or the cession of claim rights for supplies under the imports contract.

  • Pre-export financing

The crediting of exporter clients for the fulfillment of export contracts. This credit is granted for a period of up to 180 days. The credit requires a contract certificate of the export contract to be opened with Credit-Moscow Bank. The credit is secured by the pledge of inventory holdings or the cession of money revenue.

The Bank’s experts will help you to choose an appropriate credit product to correspond to the particularities of your business, which is optimal in form, currency, and borrowing and repayment schedules.

Credit-Moscow Bank is not only a traditional creditor of borrowers, but also a financial consultant of companies, which advises on the efficient use of borrowed funds and the rational organization of cash flows.

The Bank’s experts give consultations on the completion of documents to obtain credit, the elaboration of business plans, feasibility studies on credit transactions and projects, choosing the most efficient forms of credit, and the execution of pledging property and securities, etc.

Requirements to the borrower

The Bank is interested in cooperating with reliable borrowers, and as such has certain requirements to organizations willing to use credit:

  • Financial performance of the client: The stable financial performance of the Client, its position in the market, and the competitiveness of its business should ensure the timely and complete fulfillment of its obligations to the Bank (regardless of collateral).
  • Pledging a collateral: The Bank offers credit products subject exclusively to the availability of an existing liquid security (except credit products that require no security). The pledging of property purchased with borrowed funds is considered in case of mortgage lending for business clients only.
  • Openness of information: The borrower is to submit all necessary documents and information at the Bank’s request.

Credit periods

Credits are granted for periods of 1 day to 1.5 years. In certain cases (the purchase of real estate with the borrowed funds) credit products can be granted for longer periods.

Security

Repayment of the credit may be guaranteed by:

  • Real estate;
  • Equipment and vehicles;
  • Inventory holdings;
  • Credit-Moscow Bank's notes;
  • State and corporate securities quoted on the market;
  • First class banks and counteragent banks guarantees;
  • Any other liquid property.

Interest rates

Specific interest rates for credit products of the Bank depend on a number of factors:

  • Current market conditions;
  • The credit product type used by the borrower;
  • Credit period and currency;
  • The amount of monetary funds turnover in the borrower's settlement account with Credit-Moscow Bank;
  • Collateral pledged;
  • Borrower’s business reputation and financial performance.

Credit Reference Bureau

According to clause 4 of Article 5 of Federal Law No. 218-FZ On credit histories, Credit-Moscow Bank may submit information to the Credit Reference Bureau subject to the written consent of the borrower only.
Branches: 
Moscow: tel.: (495) 72-707-72, msk@cmbank.ru
Saint Petersburg: tel.: (812) 310-1967, spb@cmbank.ru

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