ATTENTION! PREFERENTIAL LOAN FOR BUSINESSES IN MORDOVIA
Great news for entrepreneurs in Mordovia! They can now access the Proektnyj loan from the Microcredit Company of the Entrepreneurship Support Fund of the Republic of Mordovia.
Participation in the program is available exclusively to legal entities classified as small and medium-sized enterprises, including micro, small, and medium-sized businesses.
The loan amount ranges from 5 to 30 million rubles. The interest rate is 3% per annum. The loan term can be up to 10 years, with a payment deferral of up to 18 months.
To obtain the loan, three key conditions must be met: invest at least 50% of the loan amount with your own funds into the project; create new permanent jobs; ensure an increase in tax contributions to the federal budget of Russia.
For more detailed information about the loan conditions and required documents, you can visit the website of the Microcredit Company of the Entrepreneurship Support Fund of the Republic of Mordovia.