Small businesses will be able to receive loans for investment purposes on favorable terms. The interest rate on them will be 3-4.5% per annum. The loan program was prepared by the Ministry of Economic Development.
About the proposal to launch in pilot mode a new program of concessional loans for small and medium-sized enterprises, TASS writes with reference to the head of the Ministry of Economic Development Maxim Reshetnikov.
It is proposed to provide loans for such purposes as the purchase of equipment, the start of production or the overhaul of production facilities. It is proposed to prioritize manufacturing, logistics, hospitality and processing of agricultural products.
The loan rate for medium-sized businesses will be 3%, for small businesses – 4.5%. Loans are proposed to be issued for up to 10 years.
It is proposed to designate SME Corporation as the operator of the program. It will help entrepreneurs prepare documents to apply for a loan.
Earlier it became known that Ozon, Yandex and VK will receive 130 billion rubles of soft loans to fulfill obligations to holders of their Eurobonds.
Author:
Kirill Bilyk
Source: RB

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