About 4 billion rubles of loans were received by Tatarstan entrepreneurs with support of the Guarantee Fund of the Republic of Tatarstan

3.96 billion rubles into business. This amount of credit funds under guarantees of the Guarantee Fund of the Republic of Tatarstan subordinate to the Ministry of Economy has been attracted by Tatarstan entrepreneurs since the beginning of 2020.

For the current period of 2020, the Guarantee Fund of Tatarstan issued 187 guarantees in the amount of 979.5 million rubles, which allowed republican entrepreneurs to attract 3.96 billion rubles. Let us recall that the guarantees of the Guarantee Fund of the Republic of Tatarstan were also included in the package of republican measures to support SMEs, approved by the President of the Republic of Tatarstan Rustam Minnikhanov. It should be noted that for the same period in 2019, 134 guarantees were issued in the amount of 856.3 million rubles, and the total amount of loans received amounted to 2.94 billion rubles. The increase was more than a billion rubles.

The largest number of sureties falls on entrepreneurs from Kazan, Naberezhnye Chelny and Chistopolskiy district. (Kazan - 75, Naberezhnye Chelny -21, Chistopolskiy district - 7, Buinskiy district - 8, Almetyevskiy district - 8, Elabuzhskiy - 6.) Tatarstan entrepreneurs used the loan funds to replenish current assets, purchase real estate, purchase seeds and repair agricultural machinery.

In the context of industries, the largest number of guarantees was issued to entrepreneurs from the service sector and trade - 105 units, agriculture - 37, manufacturing - 35.

In turn, the Unified Credit Center, created on the basis of the Republic’s Guarantee Fund, will assist in attracting debt financing. You can use the services of the Center free of charge.