Ministry of Economy of Tatarstan provides new terms on micro-loans
Entrepreneurship Support Fund of the Republic of Tatarstan (RT Ministry of Economics) provides new conditions for micro-loans. This was announced today by the Head of the Fund Aidar Salikhov at a briefing in the IA "Tatar-Inform". The main changes concern 2 parameters - rates and supported activities.
Till December 31, 2018 the Fund's rate has been reduced to 7.5% per annum. This is done to support entrepreneurs in conditions of increasing rates of banks.
The Fund began accepting applications from entrepreneurs who are engaged in trade.
Terms of micro-loans for entrepreneurs:
Micro loans are provided in the amount of 100 000 rubles up to 3 000 000 rubles for up to 3 years to small and medium-sized businesses that meet the requirements established by Federal Law No. 209-FZ "On development of small and medium-sized businesses in the Russian Federation" and included in the Unified Register of Small and Medium Enterprises.
A loan in the amount of up to 300 thousand can be obtained under one of types of collateral - a guarantee of business owners for legal entities or a guarantee of third parties for individual entrepreneurs or a pledge. To get a loan in the amount of more than 300 thousand, one should provide both guarantee and pledge. Residential and commercial real estate, land, vehicles and equipment may be accepted as a pledge.
All the necessary information on obtaining a loan can be received at: Kazan, Moskovskaya str, 55, tel: 524-90-90, and also on the official website of the Fund http://fpprt.ru/
Press Service of the Ministry of Economy of the Republic of Tatarstan