The Moscow government has approved a program of preferential loans for large employers

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AK&M 25 October 2021 11:27

The Moscow government has approved a program of preferential loans for large employers. Companies from those industries that were most affected during the pandemic can participate in the program. The support measure is intended for companies with more than 250 employees and annual revenue of up to 2 billion rubles, according to a statement on the website of the metropolitan government.

Enterprises in the field of culture, catering, household services, leisure and entertainment, organization of events, physical culture and recreation activities and sports can take advantage of preferential conditions. As part of the program, companies are subsidized 4% of the annual loan rate. For entrepreneurs, its amount will not exceed 6% per annum. The maximum loan amount is up to 500 million rubles. The subsidy period is one year.

The first agreement on granting loans at a preferential rate to large employers was signed by the Moscow Government with the Savings Bank.