Guarantee support: aid for small businesses

Moscow small and medium-size enterprises have received over RUR 7 bn from banks tanks to the state guarantee support.

The Fund acts as guarantor in loans up to RUR 100 m and provides guarantees up to 70% of attracted loans.

The Fund’s capital is over RUR 9 bn, its guarantees are covering up to 4% of all current loans.

The share of government contracts amounts to 7% in the guarantee volume.