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Energy independence of Odesa region: Kiper announced new support programs for business

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The Odesa regional authorities have expanded the opportunities for businesses to obtain loans for energy equipment. Businesses are now able to receive compensation for the interest rate on the loan, which is 5%.

The Odesa region authorities have expanded business access to loans for the purchase of power equipment that will ensure the uninterrupted operation of the power system. This was reported by the head of the Odesa Regional State Administration, Oleh Kiper, according to UNN.

"In accordance with the Regional Program for the Development of Competitiveness of Small and Medium-Sized Enterprises in Odesa Region, the opportunities for small and medium-sized businesses to obtain financial and credit resources for the purchase (installation) of power equipment, as well as the purchase of equipment to ensure the uninterrupted operation of the power system (power generators, uninterruptible power supplies, solar, gas piston and gas turbine power plants, solid fuel boilers, etc.

Businesses can receive compensation for the interest rate on the loan, which is 5%.

The maximum amount of monthly compensation is UAH 45.0 thousand per loan agreement. In simple words. A business receives a loan at X% per annum, the regional administration compensates for a 5% share of the rate," Kiper writes

He added that the maximum compensation period for one loan agreement is 3 years.

Business entities wishing to receive partial compensation of the interest rate on loans for these activities shall submit an application to the Odesa RMA with the relevant documents attached:

1) a copy of the charter certified by the business entity (for legal entities);

2) a certificate confirming the absence of accounts payable for payments that are subject to control by regulatory authorities;

3) consent to the processing and use of tax and statistical information;

4) a power of attorney for the right to sign documents (if the documents are signed by a person other than the company's director);

5) a copy of the loan agreement with the bank together with all annexes;

6) a certificate from the bank (with whom the loan agreement was concluded) stating that there is no overdue debt.

For more information: (048) 7189-348

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