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Great BusinessA program is being developed in Ukraine that will allow major businesses to access loans for recovery at 10% per annum. Corresponding amendments are intended to extend state support to companies regardless of their size.This was announced by representatives of the Ministry of Economy and Environment during an online meeting with businesses, as reported by “Interfax-Ukraine”.
What is known
Deputy Minister Vitaliy Kindratov stated that the program, which will facilitate lending to large businesses at 10%, is currently being finalized.According to Andriy Telyupa, an advisor to the Minister of Economy’s staff, the changes were developed in collaboration with representatives from the fuel industry and retail. To achieve this, it is proposed to expand the scope of government resolution No. 594 to encompass all types of businesses, irrespective of their scale.Additional funds could be in your account today. Loans online. Many offers, you can compare conditions. Catalog on Finance.ua.👛The current mechanism under this resolution involves compensating a portion of the interest rate on loans for the construction of new generating capacities, energy storage systems, and related infrastructure, provided the rate exceeds 10%.Representatives of the fuel market propose utilizing the new mechanism, particularly for the reconstruction of oil depots and the construction of underground fuel storage tanks.Read also
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According to the assessment of Yaroslav Starovoytenko, President of the Oil and Gas Association of Ukraine, the reconstruction of one oil depot equipped with underground tanks of 4 thousand cubic meters requires approximately $2 million, or up to 100 million UAH.The association suggests providing loans of up to 100 million UAH at 10% per annum for up to five years for such facilities. However, the relevant amendments to the program are still under development and have not yet been approved.According to: Delo# Business# LoansYour ad space here