Granting of collateral acceptance means assuming by the Bank of the obligations on a full or partial acceptance of a bill instead of a person obliged under such bill. The Bank undertakes to pay a bill to the amount of the collateral acceptance granted by the Bank. Thus, granting of collateral acceptance by Kreditprombank grants you a guarantee of your obligations to the contractors whom you pay with bills, which makes your bills as secure payment instrument as a bank guarantee.

WHY KREDITPROMBANK?

• Crediting through granting of collateral acceptance by Kreditprombank is a much cheaper procedure than raising of a usual bank loan.
• Collateral acceptance makes a bill more liquid, which provides for its free circulation at a stock market.