The Guarantee Fund of Tatarstan provided support to entrepreneurs in the amount of about 700 million rubles

Since the beginning of the year, the Guarantee Fund of the Republic of Tatarstan, subordinated to the Ministry of Economy, has issued more than 170 guarantees to the region's business in the amount of about 700 million rubles.

The guarantees provided helped Tatarstan entrepreneurs to attract about 2 billion rubles of borrowed funds to the business. Debt financing was used mainly for replenishment of current assets, purchase of commercial real estate, equipment and vehicles.

It should be noted that guarantee support is also available for self-employed citizens who, thanks to guarantees, received 3.45 million rubles.

Entrepreneurs in the sphere of trade and services, manufacturers, farmers, construction companies and carriers often resort to guarantee support.

Recall that the Guarantee Fund of Tatarstan provides small and medium-sized businesses, in the absence of sufficient collateral, a guarantee for obtaining borrowed funds from financial institutions. The maximum guarantee amount reaches 70 million rubles.

The Fund, among other things, implements programs included in the republican package of anti-crisis measures. We are talking about the product "Support - 2022", providing for the provision of an increased guarantee amount to 70 million rubles and a reduced remuneration rate from 1% to 0.5%, with a grace period for payment of up to 6 months.

Also, entrepreneurs of the republic can apply to the regional Guarantee Fund for the restructuring of loans under the guarantee of the Fund with the provision of a grace period for paying commissions up to 3 years, at 0.5% per annum, in the amount of up to 70 million rubles.

More information about preferential programs can be found on the website: https://garfondrt.ru/ or by phone: 8 (903) 061-40-18