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New credit offer for medium and small-sized enterprises

13.07.09

Following our clients requests Credit Moscow Bank introduces the Small Business Overdraft – the new credit offer for medium and small-sized enterprises. The main goal of this program is crediting small-sized enterprises in case of temporary lack of funds.

 Overdraft’s advantages:

  • getting money in no time after signing the contract – all you need is to deliver the payment orders
  • the possibility of using the credit resources without giving guarantees
  • no limits for spending credit money on any purposes
  • the possibility of making unplanned payments and expenses

 Unlike the usual Overdraft,the Small Business Overdraft means:

  • the possibility for new clients to use the credit;
  • the decision on granting the credit is made before opening the account;
  • the client can start using the credit in 2 weeks after opening the account;
  • the turnovers in other banks can be considered when determining the overdraft limits;
  • convenient amounts for maintaining solvency – from 400.000 to 5 mln Rubles a month;
  • overdraft limits up to 35% of the monthly average turnover;
  • acceptable permanent debt – for up to 60 days period;
  • the minimum necessary documents needed for credit appliance consideration;
  • short period of credit appliance consideration – 3-7 working days


Copyright © Credit-Moscow Bank
Small Business Loans

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.

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