Bank "Express-credit" has joined the Program Assistance Fund lending to small businesses in Moscow.

March 2, 2011 Board of Trustees facilitate lending to small businesses in Moscow took a positive decision on the inclusion of the Bank's "Express-credit" of the participants in the program to provide guarantees for the obligations of small and medium-sized businesses. Get a loan from the Bank with the support of the enterprise may be registered in the Registry of small and medium-sized enterprises in Moscow and working in Moscow. Client wish to take part in the program of the Fund should carry out economic activities for at least 6 months and have the security of not less than 30% of the amount of the obligations regarding the return actually received the loan and pay interest on it. The maximum amount of guarantee provided by the Fund, amounts to 30 million rubles. "Cooperation Bank" Express-credit "with the Foundation for promoting small business lending in Moscow increases the availability of credit resources for small and medium-sized businesses in Moscow. When failure in client collateral that meets the requirements of the Bank, he will be able to take advantage of the guarantee fund for the receipt of interest to the loan amount, "- says deputy chairman Alexander Antipov.