Moscow entrepreneurs can still have time to apply for concessional lending before 1 July this year. Thanks to it, the interest rate on the loan taken until April 15, 2020 can be reduced by six percentage points, reminds the mayor's office of the capital.

"More than 16 thousand entrepreneurs have already used the program for all the time of its action. They have received over 124,4 billion rubles of soft loans. It is possible to apply till July 1, 2021", - said the head of Moscow Department of Entrepreneurship and Innovative Development Alexei Fursin, whose words are cited on the portal of mayoralty mos.ru.

Entrepreneurs, whose business is registered in Moscow, can take advantage of preferential crediting program. The saved funds are to be spent on financing current activities. The formalization of soft loans is engaged in 14 partner banks, added the Moscow government. You can find out more about participation in the programme at the website for Moscow entrepreneurs cashback.moscow.business.

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Author: Karina Kamalova