Sberbank loans to franchisees
15.12.2011 2767

Sberbank loans to franchisees

The Business Start project was launched in various regions of Russia to issue unsecured loans for franchises.

Sberbank of Russia began to give loans for opening a franchise business. An entrepreneur without work experience can receive from 100 thousand to 3 million rubles without collateral, but for this he will have to choose one of the franchises offered by Sberbank from the list.

Now this list contains 10 franchises, which Sberbank considered reliable enough for a newcomer to build a business with them. Only two of them relate to retail: BAON (retail, clothing), NEWFORM (retail, clothing for pregnant women), the rest - to the service sector.

Sberbank is ready to finance up to 70% of the project cost at a rate from 17,5% to 18,5% per annum for a period of 6 months to 3,5 years. A guarantee of an individual, a document confirming the franchisor’s consent to work with the entrepreneur and the absence of entrepreneurial activity from the borrower within 90 days are also required.

You can get such a loan far from every branch of Sberbank - in this project currently involved 80 branches in 33 cities of Russia, including Yekaterinburg, Irkutsk, Kazan, Krasnodar, Krasnoyarsk, Nizhny Novgorod, Novosibirsk, Omsk, Penza, Perm, Rostov-on-Don, Samara, St. Petersburg, Sochi, Stavropol, Tula, Ufa, Chelyabinsk and others. Moscow is not yet on this list, however, the departments participating in the program are in several cities of the Moscow Region: Balashikha, Zheleznodorozhny, Lyubertsy, Mytishchi, Odintsovo, Podolsk, Reutov, Troitsk, Khimki and Chekhov.

The pilot launch of the project will last six months, during which time Sberbank, according to preliminary data, plans to issue about 2,5 thousand loans. If the launch is successful, the bank will expand the number of partners and continue to develop this direction, the retail.ru website reports.

The Business Start project was launched in various regions of Russia to issue unsecured loans for franchises.
5
1
Rating

Latest News

Major players in the sportswear and footwear market are experiencing a slowdown in sales

The sportswear segment was not immune to the effects of inflation: in 2023, sales of the main players slowed down, writes...
23.04.2024 82

Portugal overtakes Spain in shoe production

Portugal has become the second largest shoe producer in Europe, overtaking Spain. According to Eurostat, Portugal produced 2022 million pairs of shoes in 85, two million more than its Spanish rival, writes...
23.04.2024 90

Puma has released a commercial version of the biodegradable Re:Suede sneakers

After two years of its biodegradable footwear pilot program, German sportswear and footwear manufacturer Puma has released a commercial version of its biodegradable Re:Suede sneaker...
23.04.2024 208

"Sportmaster" will launch a branded Kappa network in Russia

The Russian retailer, which is developing a multi-brand network of sports goods “Sportmaster”, is going to launch a separate retail network of the Italian brand of sportswear and footwear Kappa, the products of which are already presented in “Sportmster” stores -…
23.04.2024 191

Aquazzura opens a boutique in Saint-Tropez, France

Italian luxury shoe and accessories brand Aquazzura continues to develop its network in France. After opening its first boutique in 2022 on rue du Faubourg Saint-Honoré in Paris, the brand founded by Edgardo Osorio will open a second one at the end of April…
22.04.2024 251
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning