Tatarstan business received billions of rubles of credit funds with support of the Guarantee Fund of the Republic of Tatarstan

6.8 billion rubles - 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 277 guarantees in the amount of 1.4 billion rubles, which allowed republican entrepreneurs to receive loan financing for 6.8 billion rubles. Let us remind that the guarantees of the Guarantee Fund of the Republic of Tatarstan were also included in the packages of republican measures to support SMEs.

Small and medium-sized businesses attracted loan financing to replenish working capital, purchase high-tech equipment and conduct field work. The Fund has issued guarantees for agricultural producers alone in the amount of about 315.3 million rubles.

If we look in the context of industries, the largest number of guarantees was issued to Tatarstan entrepreneurs from the service and trade sectors - 161 units, agriculture - 45, manufacturing - 59.

Also, an entrepreneur can apply to the Unified Crediting Center, created on the basis of the Republic's Guarantee Fund, to assist in selection and attraction of the optimal loan product, the formation of a complete package of documents and filing an application with the bank. You can use the services of the Center free of charge.