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Purpose

Financing of costs connected with the manufacture of products under contracts or within the framework of a production programme.

Lending regime

A non-revolving credit facility with a free or fixed loan drawdown schedule, loan agreement, general agreement on the opening of a framework facility.

Eligible Recipients

  • Organisations providing supplies (services) as part of:
  • Direct export contracts
  • Invoice factoring for export supplies
  • Contracts with exporters or consignors
  • Government contracts
  • Relating to supplies/services in the manufacture of military and civil products

Period

Determined in accordance with the term for obtaining contract revenue.

Repayment

The loan shall be repaid by way of contractual payments; contract revenue shall be used to repay the loan.

Security

Exclusive security may be provided in the form of:

  • Pledge of right (claim) under the contract
  • Pledge of property constituting part of the total amount of the borrower's liabilities
  • Agent's surety (Federal State Unitary Enterprise Rosoboronexport/VIP-borrower of Sberbank of Russia)
  • Depending on the contractual terms/financial position of the
  • Borrower/customer making the contract

Additional conditions

Making payments under the financed contract, with the contract being the loan repayment source via Sberbank of Russia.

Contacts

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