With a Business Turnover loan from Sberbank of Russia, you can obtain extra current assets for your business, cover running costs and implement your business development plans.
Advantages of the Business Turnover loan:
- No facility fee and no prepayment fee;
- Loans may be secured just by inventories;
- Issue of partially unsecured loans;
- Longer term of loan;
- Various forms of loans.
The Business Turnover loan allows you to:
- Acquire raw materials and semifinished goods for production;
- Replenish inventories;
- Cover running business costs;
- Form a margin for tenders (without collateral security);
- Discharge current indebtedness to other banks.
The Business Turnover loan from Sberbank of Russia is provided to individual entrepreneurs and small businesses with annual revenues of up to RUB 400,000,000.
Forms' of security:
- real estate;
- business owners' surety;
- guarantees from constituent entities or municipal units of the Russian Federation;
- guarantee from the Fund for Small Business Support;
- farm livestock;
- guarantees from other banks.