The Ministry of Economic Development will implement a loan guarantee system for small and medium-sized businesses by the first quarter of 2027.
It is expected that the implementation of this system will begin in the first quarter of 2027.
The new system will be integrated with the electronic platform "SME Hub" being created.
According to information from the Ministry of Economy, it is planned to organize the process of issuing guarantees through a "single window" mechanism, providing guarantee coverage of up to 50-90% of the loan amount for SMEs that cannot provide sufficient collateral. The Ministry expects to support at least 1,000 borrowers annually, of which at least 60% will be enterprises from the regions.
It is anticipated that the average processing time for guarantee applications will not exceed 10 working days.