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Guarantee Fund to support residents of single-industry towns in Dagestan

04 November 2019 07:58 Posted in:  BUSINESS
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Makhachkala, November 4, 2019. The residents of the territories of advanced social and economic development in the single-industry towns of Dagestanskiye Ogni and Kaspiysk can receive up to 25 million rubles, the press service of the Guarantee Fund of the Republic reports. This opportunity is provided by the Fund for the existing and already proven product of "Monotown". The maximum guarantee amount totals to 25 million rubles, the warranty amount makes up to 70% of the loan. The source adds that an important criterion for obtaining funds is the absence of any taxes and fees debts by small and medium-sized businesses.



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