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For entrepreneurs in Primorye, loans will become more affordable

The guarantee fund of the Primorsky Territory approved a new program for the provision of guarantees - a guarantee under bank guarantee agreements. According to the official website of the regional administration, this will increase the availability of credit resources for small and medium-sized businesses. Until now, the fund has provided guarantees only on loans and leasing agreements for small businesses. However, this year, the fund experts noted an increased number of requests for a guarantee on a bank guarantee.

“Even taking into account the fact that a bank guarantee, unlike a loan, may not be partially secured, there is a need for a fund surety,” said the director of the guarantee fund Alexei Nekrasov.

The fund's guarantee is provided with a maximum of 70 percent of the amount of the required guarantee and no more than 68 million rubles.

The guarantee fund of the Primorsky Territory approved a new program for the provision of guarantees - a guarantee under bank guarantee agreements. According to the official website of the regional administration, this will increase the availability of credit resources for small and medium-sized businesses. Until now, the fund has provided guarantees only on loans and leasing agreements for small businesses. However, this year, the fund experts noted an increased number of requests for a guarantee on a bank guarantee.

“Even taking into account the fact that a bank guarantee, unlike a loan, may not be partially secured, there is a need for a fund surety,” said the director of the guarantee fund Alexei Nekrasov.

The fund's guarantee is provided with a maximum of 70 percent of the amount of the required guarantee and no more than 68 million rubles.

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