| Type of produce | Investment Priorities* | Investment New |
|---|---|---|
| Debt limit (including) | From 50,000 to 5,000 000 roubles | |
| Debt limit for group of associated persons (including) | From 50,000 to 10,000 roubles | |
| Types of expenditure and duration of project co-financing activities by the borrower: | Expenditures incurred - Costs incurred not later than six months prior to the date of application to the Fund for micro loans (or prior to the date of the loan contract). Planned costs - The future costs of the Claimant incurred within 3 months of the Fund ' s micro loans. | |
| Interest rate, annual*** | Where collateral is available: 3 per cent In the absence of collateral: 3(1/2) key rate of the Bank of Russia as at the date of the loan contract | Where collateral is available: 3(1/2) key rate of the Bank of Russia as at the date of the loan contract In the absence of collateral: 1-size of the key rate of the Bank of Russia as at the date of the loan contract |
| Co-financing requirements | Co-financing of the investment project by the SME entity at least 20 per cent of the loan amount to be received | |
| Maximum duration of loan (including) | to 36 months | |
| Maximum period of deferral (includes) | to 4 months (deferral of principal debt) | |
| Purpose of loan | Acquisition, creation (construction) of basic funds** | |
| Loan security | For micro loans up to 1 million roubles (including 0 per cent) In the case of micro loans over 1 million roubles, at least 100 per cent | |
| Security: bail |
| |
| Timing of reporting on target use of funds | No more than 365 (three hundred and sixty-five) calendar days, but no later than the date of termination of the loan. When providing a micro- loans for the establishment (construction, reconstruction) of an immovable property facility, the borrower shall provide, within a period not later than 6 months (six) prior to the end of the loan contract, documents confirming the acquisition of the right to a real estate under the legal procedure. | |
| Additional support - Charge | General requirements for sponsorship:
| |
| Consequences of non-compliance | When the borrower fails to comply with its obligations to co-finance the investment project (planned costs), the borrower shall make an early return of the micro loans with interest on the actual use of the micro loan, within 5 (five) days from the date following the date of non-performance of the co-financing arrangements. | |
Investment
Seller/SME Competitor:
ICPs meeting the requirements of Federal Act No. 209-FZ of 24.07.2007 on the development of small and medium-sized enterprises in the Russian Federation:
- legal person;
- Individual business.
- Registration and implementation of activities in the Yaroslav region;
- Continuing financial and management activities for at least 6 (six) months at the date of application to the Fund / not less than 3 (three) months at the date of application to the Fund - for the SME entity, which is newly registered and operating under 2 (two) years at the date of the micro loans contract;
- The SME entity does not apply to the small and medium-sized enterprises referred to in article 14, paragraph 3 and Part 4 of the Federal Act of 24.07.2007 No. 209-FZ on the Development of Small and Medium Enterprises in the Russian Federation;
- There is no outstanding tax and fee arrears and other obligatory payments to the budget of the Russian Federation in excess of 50,000 roubles confirmed by a tax authority certificate issued not earlier than 30 (thirty) calendar days prior to the date of the micro loans contract;
- Insolvency (bancracy) procedures are not applied to the ICP entity, including surveillance, financial recovery, external management, competitive bidding or cancellation or suspension of a licence (if the activity is subject to licensing);
- A positive credit history;
- A positive business reputation;
- other conditions established by the rules for the provision of micro-enterprises to small and medium-sized enterprises by the Yaroslav (microcredit company) Small and Medium Enterprise Support Fund.
Notes:
♪ Under sub-paragraph 2.9.3 of the Russian Federation ' s demand for regional projects that achieve the objectives, indicators and results of the federal project " Small and medium-sized enterprises and support for the individual enterprise initiative " , which is part of the national project " Effective and competitive economy " , which includes the main cost lines of activity, key performance indicators, including requirements for organizations that provide support to small and medium enterprises.
(a) The SME entity, at the date of the conclusion of the micro loans contract, performs one of the following activities in accordance with the Russian General Classification of Economic Activities (OC 029-2014) (hereinafter referred to as CCVED):
- Processing (under section C, General Production, CCVED);
- Hotels and catering facilities (under section I, Hotels and catering facilities, OCE);
- Information and communication activities (under section J, Information and communications activities, of CCVED);
- Professional, scientific and technical activities (under section M, Professional, Scientific and Technical, of the CCVED);
- Tourism activities (under Class 79 of section N, Administrative and related services, of CCVED).
(b) The SME entity is newly registered and operating less than 2 (two) years as of the date of the micro loans contract;
(b) The SME entity, as of the date of the conclusion of the micro loans contract, is the subject of the creative industry under Federal Act No. 330-FZ of 08.2024 on the development of creative industries in the Russian Federation;
(g) The SME entity at the date of conclusion of the micro loans contract carries out export activities;
(d) The SME entity, as of the date of the conclusion of the micro loans contract, has implemented other priority projects identified by the highest or other authorized governing body of the PPP JO (IAC) Fund, among the priority projects approved by the regulatory law of the highest executive body of the constituent entity of the Russian Federation.
** resources means assets intended for use in production and (or) sale of products (products), performance and (or) service delivery that meet the following criteria in aggregate:
useful life of at least 12 months;
at least 20,000 roubles;
not intended for subsequent sale (realization).
Types of major equipment:
- production and technology equipment;
Road vehicles (light, special and specialized vehicles (trailers and semi-trailers)
- Non-residential premises, buildings (including ownership) and business facilities, including access to engineering networks (electrical networks, gas supply, water supply, water supply, heating);
- Land used for business;
- other basic tools used in business.
*** Determination of the interest rate for the use of micro loans in accordance with section 2, paragraph 2.9.1 to 2.9.2.1. of the Regulations approved by the Order of the Ministry of Economic Development of Russia of 27.03.2025 No. 195.
Documents:
In the introduction of an enhanced preparedness or emergency regime, the Fund provides financial support (microfinance) of at least 10 per cent of the Fund ' s capital, in accordance with the requirements of annex 35, paragraph 49, of the Government Decision No. 316 of 15 April 2014 (revised of 20.11.2021) on the approval of the State Programme of the Russian Federation on Economic Development and Innovation Economy.
Finance Support Division specialists
(Signed) Sautov Elena Juryevna
Nikulina Anna Nikolaevna
Kushner Marjam Rafikovna