OREANDA-NEWS. May 14, 2010. The Russian Bank for Development under the SME Lending Support Program has signed a loan facility agreement with LLC Econom-Factoring (Saratov). Pursuant to the agreement a loan worth RUR 30 million with a one-year maturity will be provided to the company, reported the press-centre of RBD.

The company will extend loans to SMEs both for current transactions and for their business development.

“SME support via factoring companies improves financial instruments and promotes accessibility of financial resources to small and medium-sized enterprises”, pointed out Olesia Teploukhova, Director of SME Financing Department of RBD.

LLC Econom-Factoring (Saratov) is a dynamically developing regional factoring company rendering services to small and mid-sized enterprises in the Saratov Oblast.