Modulcredit

Modulcredit is service for entrepreneurs for registration of the credits.

2019: Start of a product

On March 20, 2019 Modulbank announced start of a product for entrepreneurs — Modulcredit. It is issued under online and data on transactions which the client is ready to share with bank. For its receiving it is not required to fill out big questionnaires or to provide excess papers. The request for the credit is made out in several clicks, and the decision on it is made within an hour.

For March, 2019 Modulcredit supports three types of data:

1. the movement on the account in Modulbank,
2. turnovers on online cash desk
3. Multibank — the movement on accounts in other banks.

The command of Modulbank fulfilled technology of issuance of credit under information from online cash desks and fiscal data operators. Now the credit product is calculated also on Multibank.

The more data sources the client is ready to provide in bank, the conditions on the credit — the amount, a rate, a grace period and other parameters will be more profitable. In the future we are going to connect other data sources to Modulcredit. Andrey Petrov, co-owner and chairman of the board of Modulbank

The product is made out as a credit line. The credit can be utilized both from the checking account and with the credit card linked to the account for business. The rate begins from 12%, the amount — to two million rubles. The entrepreneur can spend money for needs of business — purchase of goods, settlings with partners and for any other expenses. The application for the credit can be submitted before opening of the account and to receive the provisional solution.

Links

Link to Modulcredit service