MOSCOW, February 15 – RIA Novosti. About half of Russian small and medium-sized businesses plan to attract bank loans in 2021, and 80% of them were also credited in 2020, Laura Nakoryakova, Vice President, Director of the Center for Social and Economic Research of the Center for Strategic Initiatives (CSER CSR), told RIA Novosti.
The Izvestia newspaper on Monday, referring to the minutes of a meeting with First Deputy Prime Minister Andrei Belousov, reported that the government had prepared a new anti-crisis package of measures to support business. In particular, it included the resumption of lending at a zero rate for the payment of salaries, the cancellation of tax arrears to enterprises from non-recovered industries, subsidies for loans to SMEs subject to the hiring of new personnel, as well as a softening of the transition from special to a general tax regime. The Ministry of Finance, the Ministry of Economic Development and the Federal Tax Service have been instructed to work out the measures, the newspaper writes.
“Despite the fact that the demand in the SME segment for state support is generally decreasing (minus 30 percentage points), the interest of businesses in loans (including concessional lending) remains high. So, 47% of SMEs plan to attract bank loans in 2021 , and 80% of them were credited in 2020, “Nakoryakova said.
According to her, as the monitoring of the CSR business climate shows, in the SME segment by February 2021, 5 out of 10 companies say that they need support from the state.
In turn, Anton Beloglazov, head of the industrial research department of the Center for Economic Research and Development of the Center for Economic Research, noted that credit programs are not only in demand by small and medium-sized businesses, but are also quite effective in terms of employment. He pointed out that the provision of independent guarantees from the SME Corporation had a significant impact on employment even in the difficult year of 2020.
“For the period October 2019 – October 2020, the number of employed in SMEs – recipients of guarantees, on average, increased by 40% more than in similar enterprises that did not receive such support. The number of jobs created due to the provision of guarantees during the assessment period could have amounted to about 17 thousand “, – said Beloglazov.
The greatest benefit from this support measure was for microenterprises, where the average effect on employment was 83%. Whereas for small and medium-sized companies – 21% and 7%, respectively, he added.
The SME Corporation provides small and medium-sized businesses with direct guarantees for obtaining loans and borrowings, allowing them to use borrowed resources in case of insufficient collateral.