So from now on, if an enterprise has, for example, 500 thousand UAH of credit, having applied to the bank and receiving assistance under this program from the state, the enterprise will pay 0% within a year.

“We believe this will be a significant help to the businesses that are most in need of assistance right now. This program will concern the SMEs, and the only condition is job retention” - the Ministry of Economic Development, Trade and Agriculture noted.

As noted, the maximum loan amount for this program is 3 million UAH. At the same time, the investment objectives for the loan included:

- purchase of non-residential real estate;

- acquisition of intellectual property rights;

- financing of working capital;

- investment objectives related to the prevention of the spread of COVID-19 (manufacture of medicines and / or medical devices and / or medical equipment, etc.).

The program also includes lending to refinance existing debts. The conditions for obtaining such a loan are:

- maintaining at least 60% of the payroll and 80% of the staff as compared to March 1, 2020;
- an amount of annual business income not exceeding an amount equivalent to EUR 10 million;
- absence of NPLs as of March 1, 2020.