SME Corporation launched a new anti-crisis leasing product for small businesses

The SME Corporation has launched a new anti-crisis leasing product that allows entrepreneurs to receive financing on more favorable terms. The minimum contract amount has been reduced from 2.5 million rubles to 500 thousand rubles.

The maximum funding period has been increased from 60 to 84 months. The share of related costs (delivery, installation and commissioning of equipment) that can be included in the cost of property has been increased from 10% to 25%. The application can be submitted through the SSP.RF Digital Platform and most of the fields will be filled in automatically from the entrepreneur's profile.

Interest rates have been kept at a minimum level: 6% per annum for domestic equipment and 8% for imported equipment. The leasing terms provide for financing with an individual payment schedule and a guaranteed advance payment of no more than 10%.

Preferential leasing is available to small companies and individual entrepreneurs that are included in the register of SMEs, have been operating for more than 12 months and their project is related to the modernization or expansion of current activities, the development of new directions.