NO "The guarantee fund of the Republic of Tatarstan" informs about the Program of stimulation of crediting of subjects of SAB

JSC Federal Corporation on Development of Small and Average Business (further – Corporation) together with the Central Bank of the Russian Federation (further – the Central Bank of the Russian Federation) approved and started the Program of stimulation of crediting of subjects of small and average business (further – the Program). According to this Corporation Program addresses as the guarantor the Central Bank of the Russian Federation on the loans granted to commercial banks. 

To participation in the Program eleven authorized banks having divisions in the Republic of Tatarstan including GPB Bank (autonomous area) are selected.

The purpose of the present Program is creation of the mechanism of support of subjects of small and average business (further - subjects of SAB) by granting proceeds of credit on favorable terms for acquisition of fixed assets, modernization and reconstruction of production, start of new projects (further the investment credits), and also for replenishment of working capital.

Main credit conditions:
• The credit size is not less than 50 million rubles and no more than 1 billion rubles in one bank (no more than 4 billion rubles on one borrower in different banks);
• A percent rate is 10% for subjects of average business, 11% - for subjects of small business.