Financial support for SMEs amounted to 20.7 billion rubles in Bashkiria in January-September

Over the nine months since the beginning of the year, the SME Corporation and other institutions for supporting entrepreneurship have provided republican businesses with 1.4 thousand support measures totaling 20.7 billion rubles, the Ministry of Entrepreneurship and Tourism of the Republic of Belarus reported.

Thus, the Regional Guarantee Organization provided SMEs and the self-employed with 370 guarantees for 2.9 billion rubles, thanks to which they obtained loans of almost 7 billion rubles.

The Bashkir microcredit company issued more than 250 microloans to entrepreneurs for 399 million rubles. The regional leasing company supported 37 recipients for 275 million rubles.

Entrepreneurs used the umbrella mechanism to obtain 202 loans. Of these, microenterprises - 59.4%, small enterprises - 38.5%, medium-sized enterprises - 2.1%. The lending volume amounted to 3.1 billion rubles, and the volume of guarantees - 1.5 billion rubles.

Under the program to stimulate lending to small and medium-sized businesses, support was provided for 4.1 billion rubles under 112 agreements. The purposes of lending were investment, working capital, and refinancing.

Over nine months, 442 loan agreements worth 9.3 billion rubles were concluded under the 1764 program.

As part of the combined investment lending program, 28 contracts worth 2.2 billion rubles were signed. The average loan size is 79.5 million rubles, and the average rate is 3.78%.

Earlier, Bashinform News Agency told how young and aspiring entrepreneurs are supported in the republic.

Author: Elina Akhmetova