Lending

To help out clients to develop their business is one of our major objectives. The Russian economy develops quite successfully. The demand for loans stays high. And we have all the abilities for most full satisfaction of such demand. Our loan solutions cover the entire set of problems which any company faces from time to time – from the necessity to make up for temporary lack of money to increase of the working capital and mobilization of resources for implementation of long-term investment projects.

We offer companies and entrepreneurs loans both in money form (overdrafts, urgent loans, credit lines) and by issue of guarantees and letters of credit. Loans may be used to expand trade volumes and production volumes via additional resources obtained for purchase of inputs, materials, and similar working assets (loans to support current operations). The bank also issues investment loans helping companies to implement projects on upgrade, reconstruction and technical re-equipment of both existing facilities and creation of new production assets.

Please note, that our loan and investment solutions are designated not only for the companies which work with and have accounts in RosEvroBank but also for all firms and entrepreneurs which need financial resources to implement their plans.

Loans to small business

Small business loan program is designated for companies and private entrepreneurs operating in production, trade and service fields for over 12 months. Loan may be issued to both a private entrepreneur or a separate legal entity, or a group of companies.

How to obtain a loan
1.    Call us at (495) 777-1111 or visit RosEvroBank office nearest to you.
2.    After an interview with our specialist within one day you will receive an answer on possibility of obtaining loan resources, an approximate loan volume will be determined and a list of documents appropriate with the structure of proposed deal will be sent to you. If necessary, our specialists will provide you with additional information on loan programs and the procedure of document submission.
3.    Prepare the documents under the prepared list, duly certify their copies and submit the documents to your loan expert.
4.    Loan expert will visit your company, accounting department, study the financial documents, inspect the property offered as a loan collateral.
5.    Upon positive decision of loan committee, your loan expert will help you to prepare all necessary things to obtain a loan.

What loan products we offer

• Loan is a one-off issue of money.
• Credit line is an issue and payment of money upon the borrower decision. The final payment is at the end of the term.
• Bank guarantee is a guarantee of payment liabilities, service provision, return of advance payment and credits, duly execution of deliveries, tender terms and conditions and liabilities to customs bodies, etc.
• Funding of working capital is a loan to replenish working capital to increase commodities and materials stocks or expansion its assortment as well as to increase operation cycle term.
• Investment financing is a loan to pay for contracts for delivery of machinery, mechanisms, mini plants, technological lines and other equipment s well as completion of construction works and purchase of real property for business.

What sum of loan may be obtained
In Moscow the minimum loan sum is 600,000 rubles, in other regions of Russia – 500,000 rubles. Within small business loan program it is possible to obtain up to 20 million rubles, and within corporate business loan program the sum depends on company creditworthiness. It is possible to obtain the equivalent of this sum in rubles or euro.

What are loan terms

• up to 1 year – if a loan is issued to replenish working capital.
• up to 3 years – if a loan is issued to purchase equipment or real property.

How sums, terms and cost of loans are determined
The sum of loan, the loan rate and term are set individually for every borrower by RosEvroBank loan committee. When making a decision on loan issue we consider the following factors:

• applicant financial status.
• applicant business development and stability levels.
• loan collateral sum and quality.
• applicant credit history.
• amount of possible cash flow to applicant’s accounts opened with RosEvroBank.

Collateral
We apply flexible approach to determination of loan collateral. We accept as collateral the following property owned by the borrower, business owners and/or other persons:

• Finished products, commodities, inputs, materials semi-finished products in circulation.
• Vehicles.
• Equipment, machines, mechanisms, technological lines.
• Living and non-living real property.

The collateral subject is insured at one of RosEvroBank recommended insurance companies. Along with property collateral we also accept pledges of legal entities and individuals. We may also accept a combination of collateral and pledge.

The major criterion for us in assessment of loan provision is the borrower stable financial status and understanding of its business. Collateral is an additional guarantee.

For what time loan applications are considered
If full document package is ready, a loan applications is considered for not over 5 working days.