The government has reduced rates on all preferential state programs for lending to SMEs

The rates under the pilot investment lending program were reduced to 4% for small and micro-enterprises and to 2.5% for medium-sized businesses. The maximum rate of a soft loan under the 1764 program is now 10.25%. The marginal rate on the credit program "PSK" decreased to 10.5%. The rate cut became possible due to the change in the key rate of the Bank of Russia.

The joint investment lending program of the Ministry of Economic Development of the Russian Federation, the Bank of Russia and the SME Corporation was launched on August 25 and is valid for manufacturing enterprises, as well as companies in the field of transportation and storage, hotels. Entrepreneurs can get a loan of 50 million rubles at 2.5 and 4% per annum under this program in 48 banks, a list of which is published on the website of the Ministry of Economic Development.

A special information service operates on the MSP.RF Digital Platform to assist in structuring transactions.

Loans under the 1764 Program, implemented as part of the Small and Medium Business national project, which is supervised by First Deputy Prime Minister Andrey Belousov, are provided by more than 100 banks.

The maximum rate under the program is calculated according to the formula “the key rate of the Central Bank of the Russian Federation + no more than 2.75%” and currently does not exceed 10.25% per annum. Under the PSK program, small and medium-sized businesses can receive loans for investment, current purposes and refinancing previously received loans in 59 partner banks. Loans at preferential rates are available for up to three years. They can be obtained by entrepreneurs from any industry, except for those involved in the production or sale of excisable goods. Lending is available from 3 million rubles. Since the beginning of the year, 4.2 thousand loans worth 98 billion rubles have been issued.

Recall that in August, the Minister of Economic Development of Russia Maxim Reshetnikov, at a meeting with Deputy Prime Ministers led by Prime Minister Mikhail Mishustin, spoke about expanding the access of small and medium-sized businesses to preferential investment loans for launching or modernizing production.