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The list of preferential lending purposes has been expanded for agricultural producers
On July 18, 2020, the Order of the Ministry of Agriculture of the Russian Federation dated 06/23/2020 No. 340 "On approval of the lists of directions for the targeted use of concessional short-term loans and concessional investment loans" came into force.
New directions of short-term loans up to 1 year:
- for the purchase of oilseeds for the production of vegetable oils, meal (cake), husk;
- for the purchase of fuels and lubricants, payment of electricity costs (for small businesses);
- for the payment of wages (under loan agreements concluded in 2020)
New directions of investment loans:
- For a period of 2 to 5 years for the purchase, construction, reconstruction and modernization of retail facilities, purchase of new equipment for the sale of own-made products;
- For a period of 2 to 8 years for the construction of livestock facilities intended for the processing, disposal and storage of manure, as well as the purchase of equipment for them.
The loan term for short-term loans is up to 1 year, for investment loans up to 15 years, the interest rate is from 1-5% per annum.
For initial advice on issues related to preferential loans to agricultural producers, you can contact the Omsk Region Development and Investment Agency by phone: +7(3812)40-80-49.
