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Sberbank started issuing online loans on weekends
Sberbank began providing online loans for small businesses on weekends and holidays. A loan of up to five million rubles without collateral and surety can be issued in the web version and mobile application of SberBusiness for entrepreneurs.
According to the press service of the Far Eastern Bank of PJSC Sberbank, the service is available for individual entrepreneurs and LLCs with one owner - the general director. It used to take more than four hours to approve and issue a loan, and if the application was submitted on weekends, the money was credited to the account only on Monday. Now the loan can be received within two minutes after approval, any day of the week.
According to Alexei Shashkin, Director of the Small and Micro Business Division of Sberbank, entrepreneurs often apply for a loan outside of working hours so as not to be distracted from their main activities.
“On Saturday and Sunday we now receive about the same number of applications as on weekdays. Of course, in this case, it is wrong to make the client wait for money until Monday. Therefore, we promptly removed the manual support for issuing a loan, reducing the time for issuing funds to a few minutes, ”Shashkin added.