Small business will be to consult with anyone

The idea of ??the apparatus of financial consultants for small business was offered today for the second professional conference "Lending to small and medium-sized businesses." Initiator of the proposal became president of the Russian stock exchange alliance Anatoly Gavrilenko said that such device is able to not only make life easier for entrepreneurs, but also improve their financial literacy. So, today, representatives of small and medium-sized businesses have to put much effort to get credit in one way or another financial institution. Over the past 2 years the small and medium enterprises suffered losses impressive: revenues fell by 40%, losses increased by 15%, and utilities and transportation - by 25%, said first deputy head of the Department to support and develop small and medium enterprises of Moscow, Alexander Karpov. In addition, entrepreneurs were reluctant to contact the banks, afraid to get into credit Kabbalah. In his opinion, one of the major challenges today is to create long-term support "kids." Executive Director of the Foundation for Assistance to Small Business Lending in Moscow Alexei Ermolaev advised entrepreneurs to seek help from the bank, not necessarily in the public Sberbank and VTB, and other commercial banks, which are more mobile. Alternative to banks amounted to microfinance institutions. However, their interest rates are much higher than the lending institutions, causing resentment among the entrepreneurs. Today, most microfinance institutions exist on the bank's money, so there is a doubling per cent, explained the situation, Anatoly Gavrilenko. Microfinance is not an alternative product, it only fills the part of the market in which banks do not work, added the president of the Russian Microfinance Center Michael Mamut. For example, such companies willing to operate in regions where there are certain banks. They also lend to startup projects. Last year 30% of microfinance borrowers were entrepreneurs with experience up to a year. And as the credit of this kind has a high degree of risk, and interest rates on them reach 27-28% per annum. However, according to Mamut, it is possible that this year will happen the next rate cut, because in 2010 they were already down by nearly 4%.