Over 370 million rubles of borrowed funds were attracted by small businesses under guarantees.

Over 370 million rubles of borrowed funds were attracted by small businesses under guarantees.

The Fund for the Development of Small and Medium-sized Enterprises of the Murmansk Region continues to implement programs to provide guarantees to entrepreneurs on loans from commercial banks, including bank guarantees to ensure the fulfillment of obligations.   
  
Over 11 months of this year, small and medium-sized businesses have raised more than 370 million rubles of borrowed funds in the Murmansk Region under FORMAP guarantees.   
  
"Let us remind you that in 2024, the Fund developed a product for providing guarantees that does not require additional collateral from an entrepreneur and provides for a simplified decision–making system for providing guarantees to the Fund, which significantly reduces the time and simplifies the procedure for providing borrowed funds to businesses," said Andrey Dochkin, Director of NMCC FORMAP (Fund).   
   
Small and medium-sized businesses registered in the Murmansk Region and with no tax and fee arrears exceeding 50,000 rubles can receive a FORMAP guarantee. You can get detailed information about the Fund's financial support tools on the official website of NMCC FORMAP (the Fund).   
   
Information on business support measures can be found at the My Business Center at 1 Podstanitskogo str., Murmansk, on the website or by calling (8152) 994-310 (daily from 9:30 to 18:00, toll-free).    
   
FORMAP's activities are carried out within the framework of the national project "Small and medium-sized entrepreneurship and support for individual entrepreneurial initiative".   
   
/Ministry of Arctic Development and Economy of the Murmansk Region/