New Support for SMEs in Moscow

11 February 2019

The MosGarantFund has started providing a new support for business – a LOC guarantee. It will enlarge the entrepreneurs’ access to financing and additionally incentivize the development of small businesses sin Moscow.

A Fund’s guarantee can make a deal more secure, help to minimize risks, and will help to get a LOC from banks.

The letter of credit is a special bank account open in case of trade relations.