Far East | Finance, business

$5m Primorsky SME fund announced

22 Dec '09
A $5m guarantee fund has been set up in Primorsky Region to support mall and medium-sized businesses, regional officials announced today.

The fund is a not-for-profit organization reportedly designed to assist SMEs in securing loans for expansion and infrastructure development.

The guarantee fund will also act as surety in SMEs’ talks with banks and leasing companies, the officials said.
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Locations: Primorsky krai

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