OREANDA-NEWS. On May 13, 2009 PLC "Megabank" has introduced new credit products for small and mid-sized businesses, to wit credit for replenishment of circulating assets for a year and an investment credit for 5 years, reported the press-centre of Megabank.

Within the framework of these products entrepreneurs have the possibility to obtain a financial support for an equivalent of USD 250 thousand till USD 750 thousand, proceeding from real needs in credit resources.

A must requirement to the clients of these credit products is annual earnings not less than USD 10 million and a maximum staff not more than 250 persons. As a credit security the advantage is given to financial assets of a borrower. As an alternative it may be a movable and immovable property. While calculating the schedule of return of a credit an individual approach is used to every borrower proceeding from seasonality of its activity and financial possibilities. 

Reference: PLC "Megabank" offers support to small and mid-sized businesses within the framework of open credit lines of the European bank of the reconstruction and development, State German bank of development "KfW" and German and Ukrainian foundation for the total amount of USD 30 million and EUR 5 million.