With the support of the Guarantee Fund, entrepreneurs of Sevastopol attracted more than 5 billion rubles for business development

CrimeaPRESS reports:

Within the framework of the national project «Small and Medium Enterprises», Sevastopol enterprises can use the guarantee of the Guarantee Fund. During its work, guarantees have already been issued in the amount of about 2 billion rubles — this allowed entrepreneurs to attract more than 5 billion rubles for business development.

Entrepreneurs quite often use borrowed funds, as it is a convenient tool in doing business. Our fund acts as a guarantor and assumes part of the obligations — thus it is much easier to get finance. Since the beginning of the year alone, the Sevastopol Guarantee Fund has issued guarantees in the amount of 339 million rubles. Thanks to this, our entrepreneurs have invested 1.2 billion rubles in their business. The funds were directed to new equipment, assortment replenishment and other areas that help develop their business.— the press service of the Government of Sevastopol quotes Deputy Governor Maria Litovko.

The company that helped the Guarantee Fund cross the 5 billion mark is Max Christmas. It is engaged in the production of artificial fir trees and is one of the industry leaders throughout the country.

Borrowed funds with the support of the Sevastopol Guarantee Fund made it possible to purchase new equipment and additional production facilities. Very often, the prospects and further development strategy of the enterprise depend on the quality of the equipment. Therefore, we try to regularly update the facilities so that they meet all the necessary requirements and standards.— notes the general director of the enterprise «Max Christmas» Peter Plys.

The Guarantee Fund provides guarantees in the amount of up to 25 million rubles at a time and up to 70% of the loan or bank guarantee. This is an opportunity to take a loan for various purposes with a minimum collateral and at minimal cost.

Recall that the national project «Small and Medium Enterprises and Support for Individual Entrepreneurial Initiatives» provides that any enterprise from the SME sector can use the guarantee support in the region.

source: press service of the Government of Sevastopol

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