The Bank, a subsidiary organization of the SME Corporation, and Absolute Bank, within the framework of the EMF-2024, signed an agreement on joint lending projects for small and medium-sized businesses to increase access to finance and service levels. The start-up project will be a new decision to increase the availability of express credit for small and medium-sized businesses, which will increase the number of approvals on credit applications and reduce the time of receipt of resources.

SME companies that have applied for express credit to Absolut Bank will also be able to receive funding from SME Bank, subsidiary of the SME Corporation. The maximum amount of the loan is 8 million roubles for legal persons in telecommunications.

The business process will be fully automated and synchronized between ICP Bank and Absolute Bank. In the event of a positive decision on the application, entrepreneurs (legal persons) see the offer of express credit with the possibility of obtaining money on the same day.

" Cooperation with Absolute Bank is a good example of how the digitalization of credit applications can significantly increase the volume and coverage of financial support for small and medium-sized businesses and make express credits even more accessible. For an entrepreneur, everything is done in a single package of documents, where it can simply choose the most appropriate terms of time and amount of credit. I also noted that the new development provided businessmen with unhelpful access to the umbrella sponsorship of the SME Corporation " , the chairman of the Ivan Podbereznjak SME Board.

Abortion credit from Absolute Bank for small and medium-sized businesses combines a number of advantages. The most important thing is that this product can be obtained very quickly on the same day. The receipt of funding shall be in any client-friendly account. The loan also provided for the use of funds for various purposes of statutory activity and did not require the provision of collateral, and commented on the decision of the Vice-President of the Absolute Bank Pavel Trofims.

According to him, the Bank ' s Absolute Partnership and the Bank ' s SMEs would increase the number of loans granted to small and medium-sized businesses as a result of an expeditious and unscrupulous process of processing applications.

The credit process is fully online, from the application to the transfer of funds to the business account, which can be opened in any Russian bank.

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Entrepreneurs are supported by the Maloy and Middle Entrepreneurship Project.