The Guarantee Fund of the Republic of Tatarstan, within the framework of the national project, provided a guarantee in the amount of 6.5 million rubles to a private dental clinic

The Guarantee Fund of the Republic of Tatarstan has provided a guarantee in the amount of 6.5 million rubles to a private dental clinic in Almetyevsk. Preferential support was provided thanks to the national project "Small and medium-sized enterprises".

The dental center was established in 2016. The center is equipped with modern medical equipment necessary for the comprehensive treatment and rehabilitation of dental health and the dental system of patients, including devices for surgery, implantology, prosthetics and ultrasound diagnostics.

For the development of the dental center and the expansion of the range of services provided by the Dental–Lux company, debt financing was needed. Guarantee support in the form of a guarantee to attract borrowed funds of the company was provided by the Guarantee Fund of the Republic of Tatarstan subordinated to the Ministry of Economy. The Institute acted as a guarantor within the framework of the product "Support – 2024" in the amount of 6.5 million rubles.

Thanks to the support, the company was able to attract debt financing from a commercial bank in the amount of about 30 million rubles and direct funds to purchase its own premises in the city of Almetyevsk to accommodate the clinic. Buying your own property was the first step to scale and grow your business. Today, 11 specialists are employed in the clinic. 

Let us recall that the Guarantee Fund of the Republic of Tatarstan provides guarantees when applying for debt financing (loan, loan, leasing, bank guarantee) to entrepreneurs who, according to the conclusion of a financial organization, have a stable financial position, but do not have their own collateral.

Tatarstan entrepreneurs can apply, check their business for compliance with the conditions for obtaining warranty support and learn more about preferential programs on the website or by contacting the Fund personally. 

Support for entrepreneurs in the republic is being implemented by the Ministry of Economy of Tatarstan and subordinate business development institutions within the framework of the national project "Small and Medium-sized Entrepreneurship", which was initiated by the President of Russia.