How to arrange business financing with NG Finance
We help Russian LLCs and individual entrepreneurs move from an initial assessment through the financing process: analysing their circumstances, selecting banks, strengthening the application and providing support through to funding.
The process step by step
We assess your circumstances before choosing where to apply, focusing on lenders where the application may have stronger prospects.
Submit an enquiry
Briefly describe the amount, financing purpose, business type, turnover and how urgently you need funds.
We carry out a preliminary review
We assess turnover, financial statements, existing debt, collateral, business sector and possible reasons for a decline.
We select banks and products
We identify which option may fit best: a business loan, overdraft, credit line, leasing or bank guarantee.
We prepare and strengthen the application
We help gather documents, explain the financing purpose accurately and present the business's strengths to the bank.
We support the review
We help manage the process, clarifications, additional documents and the terms offered by the bank.
Receive financing after approval
After approval, we support you through document signing and payment of the funds into your business bank account.
What we review before applying
A carefully prepared application can improve the prospects of a positive decision.
Business finances
- account turnover
- revenue and profit
- tax obligations
- existing loans
Financing purpose
- working capital
- stock purchases
- contract performance
- business growth
Reasons for a decline
- lack of collateral
- weak financial statements
- high existing debt
- previous bank declines
Why applications need a clear strategy
Applying independently
- an application may be submitted without a clear strategy
- poorly prepared documents may lead to a bank decline
- declines may make later discussions harder
- the entrepreneur spends time approaching unsuitable banks
Working with NG Finance
- we assess the circumstances and weaknesses first
- we select banks that fit the client's profile
- we prepare the application for lenders' requirements
- we support the process through to financing
Documents you may need
The exact list depends on the product, amount and bank. Basic information is usually enough to start.
Business details
Russian Tax ID (INN), State Registration No. (OGRN/OGRNIP), business type, sector, time in business and main counterparties.
Financial information
Turnover, bank statements, financial statements, tax regime, current liabilities and loans.
Financing needs
Amount, purpose, term, available collateral, contracts, orders and supporting documents.
Frequently asked questions
Want to understand which financing options may be available to your business?
Submit an enquiry and we will assess your circumstances, suggest possible options and identify which banks may be worth approaching.
Request a preliminary assessment