Next week In Kazan accepting requests for preferential loans for Small & Medium Business (SMB) will begin

(KZN.RU, March 26, Ekaterina Vislavskaya). In 2018, the implementation of the municipal program for preferential lending to SMB is entrusted not just for one bank-operator, but also for four. The contracts will be concluded with Energobank, Sberbank, Avtogradbank and Bank of Kazan. Acceptance of requests for loans will begin next week. Today, on the Business Monday, Mayor of Kazan Ilsur Metshin approved the changes in the municipal program of preferential lending to small and medium-sized businesses and called on to help businessmen, involved in the collection and recycling a waste.

The rate offered by banks on a preferential loan, varies from 10.25 to 10.5% per annum, of which the city budget will subsidize 6%, in other words, for businessmen the rate will be from 4.25 to 4.5% per annum. Loan terms vary depending on the type of activity: representatives of priority business areas will receive a loan for 3 years with subsidization during the first 2 years, and the most important of them- for 5 years with compensation during the first 3 years.

Ilsur Metshin noted that any innovation requires control, so it is necessary to keep this issue on the agenda. The head of the city instructed the Economic Development Committee to inform the media monthly about the program in order to attract more business participants and to hold regular meetings with banks. "Four banks are good. «Bank of Kazan» already have been a participant of this program. It's good that businessmen will have the opportunity to choose between banks and between how loyal and quickly they respond to their requests. However, you are right - money requires accounting, control, and just one desire is not enough, we need a certain package of documents that you need to collect. Nevertheless, that must not turn into seven circles of hell, as I always say! "- said the mayor.