Money for export.
The “Money for Export” loan allows exporters to quickly, without providing collateral and at a minimum rate, receive funds to pay expenses associated with the execution of an export contract for the supply of high-tech products.
Description of service
- Borrower: an exporter-enterprise (a legal entity registered in the territory of the Russian Federation) with an annual revenue of up to 5 billion rubles (inclusive).
- Loan amount: up to 100 million rubles, but not more than 80% of the value of the financed export contract
- Loan term: up to 2 years, but not longer than the term of fulfillment of obligations under the financed export contract
- Loan currency: Russian ruble
How to use the service?
The exporter provides a draft or signed export contract with a foreign buyer
The exporter submits a loan application and a package of documents to JSC ROSEXIMBANK
The bank confirms its readiness to provide a loan
The exporter opens a current account in Russian rubles in JSC ROSEXIMBANK
The exporter and the bank enter into a loan agreement, surety agreements
The bank provides credit funds to the exporter
The exporter pays the costs using credit funds (production and delivery of products)
The exporter repays the loan using all incoming revenues from the financed export contract, but no later than the tranche term