Soft loans help Orenburg business to develop
Small and medium-sized businesses in the Orenburg region are actively supported in the form of soft loans. This was reported by the regional government on October 16.
One of the most popular tools among entrepreneurs is the 1764 program. It was developed by the RF Ministry of Economic Development and the SME Corporation. Included in the national project "Small and Medium Enterprises and Support for Individual Entrepreneurial Initiatives".
Let us remind you that "1764" has been operating in the Orenburg region since 2019. With its help, you can get funds to develop your business, replenish working capital or refinance an old loan. The rate is not more than 8.5 percent per annum.
- The availability of borrowed funds allows us to overcome the tense period and gives an additional impetus to the development of the real sector of the economy. It allows entrepreneurs not only to finance current activities, but to continue to implement business development plans, - noted the Minister of Economic Development, Investments, Tourism and Foreign Relations of the Orenburg Region Denis Goncharov.
He also added that support for entrepreneurial initiative is one of the main tasks for the economic block of the regional government.
Thanks to the "1764" program, Orenburg businessmen received support for 5 billion rubles.