SME Corporation held a webinar on measures to support enterprises in the construction sector

Last Friday, the traditional "Entrepreneurial Hour" was held, organized by the SME Corporation together with the SME Bank, JSC "DOM.RF" and DOM.RF Bank. The support of entrepreneurs in the construction industry was discussed.

Last year, similar webinars were held for entrepreneurs in the fields of tourism, sports, industry and construction, medicine and the social sphere, which gathered over 7.5 thousand participants.

Within the framework of the current "Business Hour", the participants discussed the main directions, mechanisms and deadlines for providing financial, guarantee, leasing and property support using the example of specific entrepreneurs who received comprehensive support from the SME Corporation, SME Bank and JSC Bank DOM.RF.

In particular, the expert opinion and experience of receiving support
Corporations of SMEs and SME Bank were shared by the owner of the City Group company, Georgy Agaev. Currently, the company is implementing a project to build a residential complex "Green Park" with a total living area of 19 thousand square meters. The loan in the amount of 414 million rubles was granted for 5 years at a rate of 7.75% under the guarantee of the SME Corporation.

"The issue of bank loans was dealt with very quickly. When considering an application for project financing, a problem arose with collateral, which was resolved through a guarantee mechanism to support the SME Corporation," says Georgy Agaev.

During the event, the City Group company also expressed interest in obtaining leasing financing from regional leasing companies of the SME Corporation.

During the event, special attention was paid to the property support of the business implemented by the SME Corporation and JSC DOM.Russian Federation".
Entrepreneurs can receive land plots included in the list of property provided to small and medium-sized businesses at the regional and municipal levels, as well as land plots from federal ownership, in respect of which JSC DOM.RF" acts as an agent.

Director of the Corporate Products Department at Bank DOM JSC.Russian Federation" Andrey Bakhmutov spoke about credit support for project financing under Federal Law No. 214-FZ, including through a program to subsidize lending to SMEs at a rate of up to 7.25% and a program to support low-margin projects. To date, loan applications have been approved in the amount of 1.345 trillion rubles, among which there are also applications for loans from small and medium-sized enterprises.

The participants of the webinar were told about the parameters of the special loan products "Business Construction Contract", "Business Mortgage" and "Business Franchise", which are interesting, including for small and medium-sized businesses from the construction industry.

"Together with DOM Bank.In the Russian Federation, we are implementing 2 projects for the construction of a residential complex with a total area of about
30 thousand square meters and an apartment complex of about 180 thousand square meters. According to these projects, the bank offered us good conditions with high leverage and at good interest rates. In addition, the quick review of applications helped us a lot," explained Alexey Yagodkin, Head of the Investment and Credit Department at Osnova Group.

The entrepreneurs received answers to numerous questions asked in the broadcast chat. In conclusion, the organizers noted that they expect investment projects from entrepreneurs that require the support of federal development institutions.

A recording of the broadcast of the event is available on the YouTube channel of the SME Corporation at the link: https://www.youtube.com/watch?v=djS1cUOyPgk.