OREANDA-NEWS. November 26, 2010. The Factoring Company Life expands its presence in the Ural region. The regional center of the FC Life opened in Ufa, the capital of Bashkortostan, at Gogolya street, 36, reported the press-centre of Probusinessbank.

Nickolai Buldakov, head of the Ural direction of the Factoring Company Life, and Dmitry Chirkov, director of the office in Ufa, assess the potential of the market in Bashkortostan very highly. The population of Ufa amounts to 1 million residents. This is the largest center of oil processing, a city with a developed industry, transportation network, science and culture. The office received 3 applications from companies, interested in getting the financing, on the very first day of the factor’s operations in the city.

The Factoring Company Life offers a full range of services to clients, including the financing, administration of receivables, insurance services in the framework of two main products – factoring with recourse and without recourse.

The FC Life implements the federal program of the Russian Bank for Development (RosBR) with support of the VneshEconomBank state corporation, focused on the financing of the small and medium-sized enterprises of Russia through factoring services.

Today the Company’s Ural direction is represented in Ekaterinburg, Tyumen, Chelyabinsk, Novosibirsk and Ufa.

The Factoring Company Life is a member of the Financial Group Life, which consists of seven independent commercial banks (including the "VUZ-bank") and a number of dedicated subsidiaries. The FC Life takes leading positions at the domestic market of factoring services and demonstrates the highest growth rates of assigned rights to claim the receivables in Russia (“The most Quick-Growing Factor”, according to the rating of the "Expert RA" Rating Agency).