Republican businessmen may figure on loans and grants

Lubov Kolokolova

“The Micro-Financing Center RB” starts accepting applications for loans from businessmen again. Representatives of small and medium business may figure on the credits for the term less than one year. The maximal loan’s sum is one million rubles. The interest rate is 13% of interest per annum and this is lower than at the commercial banks and with no additional commissions, compensations or bails. Besides, Republican business may figure on the grants at the rate of between 300 thousand - one million rubles but this money can be spent only for purchase of expensive equipment. The grants will be distributed on competitive basis.

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#business undertakings #finances

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