Launched a new instrument of state support for small and medium-sized businesses

At least 35 thousand small and medium-sized businesses will be able to attract over 600 billion rubles of support by 2024 within the framework of a new instrument used by the government. The so-called “umbrella” mechanism for providing guarantees will allow those entrepreneurs to receive loans for whom loans for business were previously unavailable. The surety will provide up to half of the loan amount, you can get a loan instantly in the “one window” of the bank without contacting the SME Corporation – the entire document flow between the participants will be carried out in electronic format.

The commission for the surety will be paid by the bank, not the entrepreneur. Borrowers with medium risk will be able to increase the loan volume through guarantees and release collateral, with low risk – get a loan on average 1-2 percent lower.

Until the end of the year, within the framework of the pilot project, SMEs will be able to raise an additional 20 billion rubles. The SME Corporation will present state guarantees for 8 billion. Otkritie Bank, PSB, RNKB, Sberbank, VTB and SMP Bank became the participants of the pilot.



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