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Preferential leasing is available to Mordovian manufacturing companies

A new preferential leasing product for small businesses in the manufacturing sector worth at least 1.5 billion rubles has been launched. Applications are submitted through the SME digital platform.Russian Federation, the operator of the program is SME Leasing.

The leasing product is available to enterprises operating in the fields of mechanical engineering, metalworking and woodworking, manufacturers of food products, pulp and paper products, medicines and others. Entrepreneurs will be able to receive financing for new equipment in the amount of 3 to 100 million rubles, with an advance payment of 10% of the leasing item's cost. The equipment is provided at rates of 6% for Russian equipment and 8% for foreign equipment, for a period of 13 to 60 months.