In the Kurgan Region, businesses managed to attract 407 million rubles to continue working during a pandemic and production growth, thanks to the demanded measure of state support – a guarantee on a loan from the Guarantee Fund of the Investment Agency of the Kurgan Region. 64% of these funds were used by the enterprise to replenish working capital – the purchase of seeds, fuels and lubricants, spare parts, and 36% – invested in equipment, transport, premises.
In order to stay afloat and develop its activities, the business constantly needs financial resources. But to obtain borrowed funds, there is often not enough property for collateral, and then the Guarantee Fund helps, which assumes part of the obligations to financial institutions. The guarantee of the Guarantee Fund covers up to 50% of the loan amount, drawn up in any of the 8 partner banks.
This is the case with large enterprises and developing businesses. For example, Kurgan Transformer Plant, which produces electrical equipment, took advantage of this support measure. The industrialists needed funds to purchase the necessary consumables and upgrade their machine tools. The company received a guarantee for a loan from the Guarantee Fund of the Kurgan Region in the amount of 3.7 million rubles, which helped to solve production problems.
“Since the beginning of the year, 36 guarantees have been issued in the Kurgan region for a total of 130 million rubles. Thus, we managed to attract 407 million rubles. credit funds, – says Anna Agafonova, General Director of the Investment Agency of the Kurgan Region Fund – 14 agricultural producers, 11 trade organizations, 11 representatives of the service sector and manufacturers received support.
You can get advice from the Guarantee Fund by phone: 8-800-250-47-31 (ext. 3), 8-919-560-14-71 or by leaving a request on the website invest45.ru