Government Improves Terms of Business Support Under the “Affordable Loans 5-7-9%” Programme

The Government has improved the terms of business support under the “Affordable Loans 5-7-9%” programme!

The relevant decision was adopted by the Cabinet of Ministers of Ukraine at a meeting on 15 September. In particular, this decision strengthens support for processing and energy efficiency projects throughout Ukraine, businesses in de-occupied territories, and domestic manufacturers, which include Kyiv Oblast.

Among the improvements for enterprises in liberated territories are:

🔺interest compensation under the programme down to 1% for the first two years, 5% from the following year for investment purposes, and 3% for financing working capital;

🔺an increase in the programme limit to UAH 150 million (for enterprises that have suffered damage and operate in de-occupied territories);

🔺an extension of the lending term to 10 years for investment purposes.

For processing enterprises and businesses in the field of energy modernisation, the following is envisaged:

🔹interest compensation under the programme down to a level of 5-7-9%;

🔹an extension of the lending term to 10 years for investment purposes;

🔹an increase in the programme limit to UAH 150 million.

At the same time, as noted by the Ministry of Economy, for all other cases a rate of 13% per annum is set for financing working capital, while the rate for investment purposes remains at 5-7-9%.

We are confident that such steps by the state will support and develop Ukrainian enterprises. After all, only with resilient businesses can we ensure the country’s economic stability!