NOMOS-BANK signs an agreement on co-operation with Tomsk Fund for the Support of Entrepreneurship

Within the framework of co-operation, the Fund for the Support of Entrepreneurship will issue guarantees for the clients who do not have sufficient collateral to secure the loan. The Fund’s guarantees are considered by the Bank as collateral, which expands small business’ opportunities to obtain credit resources.

“We highly assess the prospects of co-operation with the Fund for the Support of Entrepreneurship, notes Roman Lesokhin, Director of NOMOS-BANK Small Business Department. — As a rule, small enterprises face difficulties as regards the provision of collateral, and our co-operation helps to quickly solve that problem”.

Lending to small business is a priority of NOMOS-BANK. The Bank offers a number of programmes, which are focussed on meeting strategic development goals of small business enterprises and companies. There key components are business development loans including loans for replenishment of working assets and long-term investment loans; mortgages; a microcredit programme; overdrafts that are made available to companies for closing cash gaps in settlement accounts. NOMOS-BANK participates in several programmes for the provision of guarantees by organisations that provide support to small businesses.