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

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25/02/2022

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.

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