Wednesday, 27 january 2010

BALC raised financing for SME leasing

KMLC “Otkritie”, a branch of BUSINESS ALLIANCE Group of Leasing Companies, has joined the Government SME Lending Support Program  and obtained a RUB 189 m credit line from The Russian Bank for Development.

The resources will be channeled to finance leasing operations with equipment and vehicles for small and medium-sized Russian businesses.