AK Bars Bank and a portfolio company of investment holding RedStone Capital SimplyFi signed a partnership agreement

A service for lending to SMEs was launched https://simplyfi.ru/akbars/As part of the partnership.

 

The service gives the customers of Ak Bars Bank the opportunity to get a loan on the SimplyFi platform to close their current business needs: working capital financing, purchasing of goods and covering cash gaps. The entire procedure for getting a loan takes place online, and the money transfers to the applicant account the next day.

 

To get a loan the customer needs to: 

  • submit an application on the website https://simplyfi.ru/akbars/
  • SimplyFi employee will contact the customer and request the required kit of paper
  • Automated systems will make scoring and collect feedback from potential investors
  • The borrower only needs to sign the loan papers and the money will be transferred to the current customer account at Ak Bars Bank.

 

SimplyFi is a P2B platform for SMES to raise funds directly from private investors. As part of the partnership, Ak Bars Bank customers can instantly get SimplyFi financing up to 6 million rubles for maximum period of 6 months at the lowest rate without any deposits and guarantors.

 

“We are developing partnership initiatives with leading Russian banks, by launching profitable and convenient financial products for SMEs. Cooperation with such a major player as Ak Bars Bank will expand our offers for entrepreneurs. The businesses will get financing – quickly and without red tape ”comments Dmitry Shepelev, Project manager of the SimplyFi (part of SimpleFinance).