EnergoFront develops credit instruments with PJSC «Sberbank»

Just recently, «EnergoFront» company has confidently stepped into its second decade, continuing to build more and more bold and ambitious plans. Therefore, the search for new more effective credit instruments is a powerful base on the way to business growth and reduce of financial risks.

In our time, many enterprises and organizations do not have enough money to quickly perform the work, even in the presence of profitable contracts. The problem is that the receipt of funds from customers sometimes is delayed or, in general, the advance payment is not provided by the contract, and the contractor has to carry out work on its own funds, which are often quite limited. Especially often this phenomenon occurs in the performance of large contracts for the supply of equipment, the production of high-tech and expensive products with a long production cycle.

This funding exists for the organization to be able to start its works under the contract on time.

The key requirement for contract financing is to have contracts with highly reliable companies. Government, large factories, companies with government participation, or companies with a high reliability rating can act as such consumers.

In order to obtain resources through contract financing, the company needs to prove its reliability and weight of the contracts concluded before the credit institution. «EnergoFront» company has won the trust of PJSC «Sberbank» and began to implement the program of contract funding.

 «The cooperation started this year with PJSC «Sberbank» has fully justified itself, giving our company the opportunity to promptly address financial management issues. Additional funding instruments allow us with less risks to undertake the implementation of major projects. The trust placed in us by PJSC «Sberbank» proves the high level of our business reputation and financial stability of the business», - explained Elena Kulikova, Head of the Financial Department of «EnergoFront» company.

With a wish of financial stability,

team EnergoFront #FrontInfo