Entrepreneurs of Tatarstan will be granted a deferment on microloans for up to 18 months

Within the framework of the anti-crisis package of republican support measures, the regional Fund for Entrepreneurship Support, subordinated to the Ministry of Economy of the Republic of Tatarstan, will provide businesses with a deferral of payment of the principal debt on existing microloans for up to 18 months. Granting a deferment will reduce the financial burden on the business, which is especially important in the current period.

In order to adapt small and medium-sized businesses to the new economic conditions caused by sanctions pressure, the Ministry of Economy of the Republic of Tatarstan has developed a package of anti-crisis measures, which, among other things, includes a deferral of payment of principal on microloans issued by the Entrepreneurship Support Fund for up to 18 months.

During this period, borrowers are completely exempt from paying principal payments and pay only interest. At the same time, a new payment schedule for the microloan is provided. The deferment applies to all microfinance products of the Entrepreneurship Support Fund. At the same time, the number of applications is not limited, but the total period of delay should not exceed 18 months.

A prerequisite for granting a deferment is the absence of overdue debt at the time of application for participation in the program, and there must be at least 6 months before the end of the microloan repayment period.

You can apply by sending a scan of the application to the e-mail of the Tatarstan Entrepreneurship Support Fund: info@fpprt.ru.

For all questions, you can contact the regional representatives of the Entrepreneurship Support Fund of the Republic of Tatarstan. Contact information is available on the website in the My Business Center section and by calling the hotline: 8 (843) 524-90-90.