URSA Bank came up with more new offers on promissory notes-based lending for business customers.

‘Any solvent SME that can provide a loan guarantee and has contractors willing to accept the notes can now use the bank’s offer,’ URSA Bank’s PR Department reports.

‘Such loans look rather appealing to both the bank and the borrower, as they make it possible for the latter to use the promissory notes to pay for goods and services. This means the amount of a business’s floating assets rises and the settlement of financial matters with the contractors becomes easier. What is more, these loan types have a lower interest rate in comparison with money loans, which means our customers can save a lot of money on interest payments,’ URSA Bank’s Vice President Pavel Galan explains.