SME Bank together with TKB will direct 350 million rubles to SME factoring
SME Bank and TKB signed an agreement in amount of 350 million rubles for SME support using factoring.
The received funds will be used under the product «Factor of development – Bank» for up to 2 years.
The support of factoring is focused on SMEs, engaged in manufacturing, construction, services and other sectors of national economy.
SMEs, working in the target segments, will get financing at a more favourable rate.
SME Bank and TKB have been cooperating under SME financial support program since 2009. There have been signed 6 agreements for SME factoring deals for the total amount of 1.3bln.rubles.