Since October 19 Absolut Bank has been offering new lending terms to small and medium business representatives. Now, the Bank grants SME loans for up to 60 months at a rate of at least 18% p.a. in rubles. The loans may be secured not only by real estate but also by other property, including goods in stock. A number of lending programs do not require collateral. Thus, financing provided by Absolut Bank has become more accessible.

The updated line of credit products allows the entrepreneurs to choose an optimal financing strategy from operational short-term “Overdraft” for current needs to “Investment loan” with a maximum tenor of 5 years – for purchase of equipment, transport vehicles, real estate or for construction. Within “Investment loan” a company may receive up to 30 million rubles. Enterprises in need of working capital may use “Razvitiye” (Development) program. Urgent financing for unrestricted use may be obtained through “Microloan”.

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	Spotlights

	1st place in terms of relative growth rate of retail deposits in the rating “Interfax 100. Russia’s Banks. Volume and Structure of Obligations to Population (Thousand rubles) – Q1 2009” (Interfax, March 2009)

	22nd out of the top 500 banks with biggest loan portfolio in the first half of 2009 (RBC, August 2009)

	Among the top 5 banks in the Best Money Dealer 2008 nomination (December 29, 2008)

Our contacts:

Call center +7 495 777-71-71; E-mail address info@absolutbank.ru