UrBC, Yekaterinburg, November 2, 2016. The Ural Bank for Reconstruction & Development (UBRD) now offers express Business Growth loans to corporate customers based in Sverdlovsk Region, the bank’s press service reports.

The decision is taken within as little as two work days, with loan amount ranging between 300,000 RUR and 1m RUR.

‘Business Growth is the best option for a quick loan when your business can’t afford to wait. This is a collateral-free loan for companies that don’t like missing good business development opportunities. The money can get directed to operating flow, invested in key assets such as equipment and means of transportation, and so on. The loan is available to the bank’s existing and new customers: all you have to do is apply for it at any of our branches or on the website and submit the necessary papers,’ the press service says.

According to the UBRD experts, Russian banks have grown much better at loan application evaluation in the last year and now tend to be less strict, which means loans get issued faster and are easier to apply for and to pay back.