OREANDA-NEWS.  July 18, 2014. SME Bank (Vnesheconombank Group) and UralBusinessLeasing have concluded a new SME loan agreement. SME Bank will open a credit line of RUB 300 mln for financing of enterprises in Udmurtia and the Perm Krai.

The resources are allocated under Leasing – Targeted credit product for 5 years. This product is designed for modernization and expansion of fixed assets – purchase of modern equipment and special machinery.

This is the 11th agreement concluded between the partners under the SME Lending Support Program. Currently the amount of agreements between SME Bank and UralBusinessLeasing exceeds RUB 1.2 bln.