“Beyond the Numbers: Using Access-to-Information Data to Achieve Sustainable Development Goals”
The Ministry of Economy simplifies the access of SMEs to preferential credentials and middle peasants came out by mercy, explained to the Ministry of Economics, the acquisition of the loan will be simplified due to the lack of restrictions on the type of activity and demands for the absence of tax debt. However, earlier it was about the introduction at the rate of 9.95% of the non-tax loan for up to five years.
Another relaxation for business should be the possibility of refinancing previously received loans at market rates under 8.5% – such loans may be issued for investment purposes.Self-employed citizens will be able to become borrowers under the program of preferential lending – earlier the first deputy prime minister, the Minister of Finance Anton Siluanov promised that in 2020 they would be provided with all support measures for SMEs.
For banks, the document provides for the possibility of securitizing SME loans due to the issue of bonds.
As the Ministry of Economy clarified the parameters of experiments with state support of SMEs
As told in the Ministry of Economy, changes to the program are designed to expand business access to loans. Recall that 1.12 trillion rubles was provided to the profile national project on financial support for business at the expense of preferential lending and.- However, only 750 billion rubles were selected., At the same time, the warranty plan was exceeded more than twice (280 billion rubles. At the target indicator of 120 billion rubles.), previously told Anton Siluanov. As noted in the Ministry of Economy, weak demand for the program at the start was caused by the high bid of the Bank of Russia and the peculiarities of the work of commercial banks preferring to work with large borrowers. However, as business research shows, the disinterest in state support measures is often related to the ignorance of the subjects of the SMEs on existing benefits (see. “Kommersant” of November 11, 2019) and the preference of more affordable MFI microloans (see. “Kommersant dated December 10, 2019).