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Small and medium businesses in Chukotka will be given loans at a preferential rate - EastRussia | Far East

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Small and medium businesses in Chukotka will give loans at a preferential rate

Small and medium-sized businesses in Chukotka will be able to receive loans at a rate of no more than 8,5%. This will allow the program of concessional lending in the framework of the national project "SMEs and support for entrepreneurial initiatives."

You can get a preferential loan of up to one billion rubles for up to ten years for investment purposes and 100 million for up to three years for negotiable purposes. According to the press service of the regional government, four organizations will issue loans in Chukotka - Sberbank, Agricultural Bank, SME Bank and the Asia-Pacific Bank.

The money will be given to projects in priority sectors: agriculture, manufacturing, construction, transport and communications, tourism, health care and waste management, as well as in the field of catering and personal services. At the same time, compared with the previous year, the list of industries in which entrepreneurs can be credited is significantly expanded. For example, the program included investment loans in the field of commerce, education, culture and sports.