Small businesses in border regions received almost 15 billion rubles thanks to government support 10:06

Small and medium-sized businesses in Crimea, Sevastopol and border regions (Voronezh, Rostov, Belgorod, Kursk and Bryansk regions) collected about 15 billion rubles of funds in the first half of the year through a special “umbrella” guarantee limit. SME Company. This was reported in the press service of the organization.

A special “umbrella” guarantee line provides increased risk coverage for lending.

As noted by Alexander Isaevich, General Director of SME Corporation, thanks to the special limit, entrepreneurs signed more than 1.5 thousand loan agreements, 87% of the total number of which were aimed at micro enterprises.

“Companies in the border regions collected almost 11.4 billion rubles, and in Crimea and Sevastopol more than 3.5 billion rubles,” he said.

The largest number of loans under a special “umbrella” guarantee limit in the border regions were received by manufacturing, construction and agricultural enterprises in Crimea and Sevastopol – companies in the construction sector, hospitality sector and manufacturing sector.

Let us recall that the former Russian Prime Minister Mikhail Mishustin, at a meeting with the General Director of the SME Company Alexander Isaevich, gave instructions to support small and medium-sized businesses in the border regions.

At the beginning of the year, the SME Company provided a special “umbrella” guarantee limit with an increased level of risk coverage for loans to SMEs in the border regions, Crimea and Sevastopol.

The SME Corporation’s “umbrella” guarantees cover up to 50% of the bank loan amount, allowing the entrepreneur to receive the loan even without the necessary collateral. The guarantee amount can reach 1 billion rubles for a period of up to 15 years.

This state support tool was launched in 2021 on behalf of Russian President Vladimir Putin and is implemented within the framework of the national project “Small and Medium-sized Enterprises”.