Moscow Region entrepreneurs are compensated for interest on loans

Moscow Region entrepreneurs will be supported by subsidies on interest on loans

Small and medium-sized businesses in the Moscow region are subsidized the interest rate on loans for business development, for this the regional Ministry of Investment, Industry and Science has already cooperated with seven largest Russian banks. This was reported by the press service of the ministry.

“Support for SMEs is one of the priorities of the regional government. Especially our entrepreneurs need such support during the period of restrictions associated with the pandemic. We have launched a very important and effective measure to support business – the reimbursement of interest on loans in the amount of the key rate of the Central Bank. To receive concessional financing, you do not even need to submit an application to the ministry, it is provided automatically in partner banks, “said Ekaterina Zinovyeva, Minister of Investments, Industry and Science of the Moscow Region.

According to her, Mininvest's partners in this program such banks as Sberbank, VTB, Promsvyazbank, Otkritie Bank, SDM-Bank, Sovcombank, Transcapitalbank have already become available.

Support can be obtained for investment loans from 5 to 100 million rubles. The period of the preferential interest rate will be one year, and for entrepreneurs implementing projects in remote areas of the Moscow region – two years.

Small and medium-sized businesses that work in manufacturing, transportation and storage can receive preferential financing , tourism, catering, hotel business, as well as in the field of information and communication.

For detailed information on obtaining support measures in the Moscow region, call the hotline 0150, as well as in the offices of “My Business”. < br />