Nineteen more companies obtain financing to purchase equipment in leasing

Another 19 companies will be able to buy production equipment in leasing within the second stage of the Support to the SME Sector of Moldova Program. At the second stage of the program, the volume of financing was 28 million lei, Info-Prim Neo has learned from the Ministry of Economy. The program is financed with money from the Partner Funds of the Japanese Grant, designed to promote the structural economic adjustments by facilitating the purchase of production equipment for SMEs. The beneficiaries of financing pay 60% of the price of the equipment. The other 40% is paid by the Government of Moldova if all the payments are made duly and the equipment is installed and used according to the agreed leasing conditions. The equipment purchased as part of the program is paid within a year. No leasing rate is charged. Only new, imported equipment is bought. A number of 123 companies benefited from financing from the grant of 1.3 million Japanese yen and the Partner Funds of the Japanese Grant of 80.5 million lei during 2005-2010. They were provided with equipment to the value of 154.2 million lei.