Penza, 17 March 2014. PenzaNews. Penza Bank Kuznetsky improved lending conditions for business development.

As the press service of the financial institution told news agency “PenzaNews,” the program “Business standard” offeres rates, varying depending on the term of the loan, which were reduced to 15 % per annum.

“Under this program, there operate the preferential interest rate, which reduces the base by 1% in the presence of positive credit history of the borrower and the absence of current debt at the time of treatment in Bank Kuznetsky. Loan is issued for up to 36 months. Changes were made in the loan amount as well — the maximum is now 17 million, not two million rubles, as it was previously, and the minimum is 300 thousand rubles,” the bank representative explained.

The press service reminded that money can be issued to replenish working capital and finance the operating activities, to finance commercial transactions, contracts and programs, to purchase equipment, transport, real estate, to accomplish major maintenance and other purposes.

“The credit line has also been improved in terms of the program “Business overdraft,” the main aim of which is to pay the settlement documents in the absence or insufficiency of funds in the bank account. Minimum loan amount is now 100 thousand rubles, the maximum has been increased to 10 million rubles,” the press service said.

As the chairman of Bank Kuznetsky Mikhail Dralin pointed out, the development of financial services for small and medium businesses is one of the strategic directions for the company.

“Much attention is paid to the business sector because small and medium business is inextricably linked with the economy of the region and has a significant influence on it. For Bank Kuznetsky as a regional bank, it is particularly important. Our goal is to meet the needs of business, offer the customers the best credit terms, including convenient and competitive rates, which will enable businesses to have more opportunities for development. In this regard, we continue to improve our services,” he stressed.