Beginner

Debt limit	From 10 thousand rubles. to 2 000 000 rubles.
Limit of debt for related organizations (inclusive)	From 10 thousand rubles. to 2 000 000 rubles.
Interest rate, annual rate	1%
Maximum loan term (inclusive)	Up to 36 months.
Maximum period of deferral of principal repayment (inclusive)	up to 3 months deferment of repayment of the amount of principal and interest for the use of borrowed funds
Purpose of the loan	acquisition, repair, modernization of fixed assets; acquisition of commodity and material values; development of scientific, technical and innovative activities; expansion of activities (implementation of new technologies, development of a new direction) and / or development of an existing business; payment of current arrears on taxes, fees and other obligatory payments; payment of current wage arrears; payment of current arrears on lease payments; payment of current debt on utility payments; settlements with counterparties.
Deadline for reporting on targeted use of funds	No more than 365 (three hundred and sixty-five) calendar days, but not later than the date of termination of the loan agreement.
Security against the loan amount	At least 100%.
Security: pledge	vehicle; equipment; property; goods in circulation - security not more than 50% of the amount of the microloan; property acquired at the expense of borrowed funds of the Fund (except for goods in circulation) - security not more than 50% of the amount of the microloan. The pledge is registered and located on the territory of the Yaroslavl region. Third parties may act as pledgers.
Additional security - Guarantee	General requirements for surety: a legal entity registered in the Yaroslavl region and operating for at least 1 year on the date of applying for a loan; an individual aged 21 to retirement age (the age exception is the beneficial owners, founders/shareholders) established by the current legislation of the Russian Federation (at the time of expiry of the loan agreement). Terms and requirements for surety are established by the Regulations on ways to ensure the fulfillment of obligations under loan agreements of the Fund for Support of Small and Medium-Sized Enterprises of the Yaroslavl Region (microcredit company). For borrowers - legal entities: Guarantee of founders / shareholders (with a share in the authorized capital of 25% or more). guarantee of beneficial owners; at the debt limit for the Borrower and / or a group of related persons from 1 million rubles. - at least 2 guarantors. For borrowers - individual entrepreneurs: the spouse's warranty (if any); guarantee of beneficial owners; at the limit of debt on the Borrower and / or a group of related persons from 1 million rubles. - 1 sponsor. The Credit Committee of the Fund reserves the right, if necessary, to attract an additional guarantee of an individual and / or legal entity.