RGS Bank developed lending programs for companies in the automotive business sector

Russian Automotive Market Research

RGS Bank developed «Warehouse Financing» and «Multibrand» programs for the automotive business sector - automakers, distributors, dealers and service companies.

The «Warehouse Financing» provides for the lending of current needs of companies to form a warehouse of vehicles against security of purchased equipment. 

The «Multibrand» program involves businesses lending with a strict purpose: the purchase of specific cars/VINs from manufacturers or importers. 

The term of funding under the programs is up to 6 months.

Other news from section:
Sales of Kaiyi X3 Pro started in Russia
Kaiyi X3 Pro crossover sales have begun in Russia. The model is offered only in the varsion Luxury at the price of 2,490,000 rubles. The front-wheel drive Kaiyi X3 Pro crossover is based on the same platform as Chery Tiggo 4 SUV, but differs from it in size and exterior. The road clearance of the crossover is 158 mm. Kaiyi X3 Pro differs from the standard X3 in the design of the front part, richer equipment and power plant. The car is...
Online LADA car sales at factory price started
AvtoVAZ has launched online sales of Lada cars at factory prices. It is possible to remotely select a car, reserve it, get loan approval and make a full payment. The launch of online sales followed after a conflict between AvtoVAZ and dealers arose in summer of 2023 after the launch of Lada Vesta NG - at recommended prices from 1,239,900 rubles, dealers sold cars at 2,115,850 rubles, after which AvtoVAZ threatened to cut them off from the...