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Rosselkhozbank has summarized the use of special credit product for SMEs "Micro APK"
In 2019, the Bank received more than 1,200 applications from borrowers for a loan in the frameworks of "Micro-agriculture". Specialized loan was designed for small and medium business in order to create favourable conditions for their development. In 2020, in the period from January to March, the Bank's customers have already submitted over 550 applications worth more than 1.13 billion rubles.
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The volume of loans to SMEs in 2019, made up of 151.6 billion. In the framework of "Micro-agriculture" has provided loans totaling 580,7 million rubles. Including working capital for purchase of seeds, fertilizers, raw materials for processing and other manufacturing stocks were loans in the amount of 515,4 million. For working capital funds for the issuance of salaries to employees, lease down payments, payment of taxes and other purposes – 65,3 million roubles.

Most popular industry for farmers who used credit product "Micro-agriculture", was growing. The share of loans invested by farmers in this sector amounted to 78.3%.

Most credit product interested farmers from the Voronezh region, Krasnodar territory, Voronezh region and Kursk region. Their share in the total volume of credits for 2019 in the framework of the "Micro APK" amounted to 27.26%.

To receive credit, you must contact the Bank by providing a minimum list of documents. To see the list on the Bank's website, by clicking on the link https://www.rshb.ru/smallbusiness/microbusiness/mikro_apk/

The head of peasant (farmer) farms and individual entrepreneurs have the opportunity to take the loan funds at a concessional rate of 5% per annum in the amount of up to 5 million rubles. The loan term is up to 12 months inclusive.

Under the proposal, the decision to open a line of credit is accepted within a period of three working days and on the basis of a reduced list of documents. The loan is for purposes related to the holding of seasonal works, as well as for working capital.

"Providing financial support to farmers is one of the most important directions of our activity. Today, the Bank uses effective tools to support SMEs by continuing to improve the product line. We strive to create the most favorable conditions for the development of the farm enterprises are therefore willing to offer competitive loans for each client. "Micro-agriculture" is a credit product that extends the capabilities of farmers", – said the Deputy Chairman of the Board of Rosselkhozbank Maxim lubomudrov.

The agricultural Bank in 2019 is among the five best banks for lending to SMEs by the rating of the portal "Markaketa". Special attention analysts have paid to the best of the microcredit programme of the Bank.

JSC "Rosselhozbank" is the basis of national credit and financial service system of agroindustrial complex of Russia. The Bank was founded in 2000 and today is a key lender to the agriculture of the country, is among the largest and most stable banks in the country in terms of assets and capital, as well as the leaders of a reliability rating of the largest Russian banks.



Translated by service "Yandex.Translation"
Источники: Agro2b
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