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Increasing access to resources for SMEs: the Development Bank signed an agreement with a new program partner

For many years, the Development Bank has been implementing a program of financial support to small and medium-sized enterprises, which includes both lending and financial lease (leasing).

In addition to constant updating of a wide range of credit resources, the Bank carries out work to increase the number of partners of the program, as increasing the level of accessibility of resources to SMEs is one of the priorities of the program.

On the eve, the Development Bank and LLC “Finance and Mechanics” signed a General Agreement on the procedure for interaction in the framework of financing SMEs. Currently, representatives of small and medium-sized enterprises have the opportunity to receive financial support from most large banks and leasing organizations in the Republic of Belarus.

For reference: LLC “Finance and Mechanics” was established on June 1, 2017. The scope of activity is the sale of special equipment and vehicles on the terms of leasing, installment plan and lease with subsequent purchase.