Delinquency on loansissued to small businessesincreased by almost 47%. By may 1 of this year, she was already 740,5 billion rubles. And its share in the portfolio of loans to small and medium enterprises increased to 15.7%. Such in Russia was not since 2009.
However, to take a new loan for SMEs today is virtually impossible — banks severely tightened requirements – and it puts many of them on the brink of bankruptcy. Moreover, only since the beginning of year the volume of crediting small and medium business decreased by 2.4%, whereas in the previous five years on the contrary was only observed credit growth, according to news Agency “SeverInform” with reference to “Izvestia”.
According to experts, if the “zero” years, small businesses took out loans for opening and further expansion of business, now need money to entrepreneurs for refinancing of existing obligations. In the end, sometimes companies simply have no money to cover the losses.
