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The Development Fund of Serbia approved another 52 applications for loans to companies

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At the session of the Board of the Development Fund, a total of 52 loan applications were approved in the amount of 1.9 million euros and 55,833 euros in non-refundable funds.
When it comes to loans for liquidity, financial support for the work of companies and entrepreneurs in the conditions caused by the coronavirus pandemic, 35 loans worth 1.6 million euros were approved, the Fund announced on its website.
For companies dealing with tourism, catering and passenger traffic, nine loans in the amount of 418,333 euros were approved.
Start-up loans for the development of entrepreneurship through financial support for beginners in business in 2020, eight of them received, and the value of these loan funds is 130,136 euros, and 55,833 euros of non-refundable funds were approved.
At the same session held on Monday, 12 liquidity requests for legal entities and entrepreneurs were rejected, as well as two liquidity requests for businesses engaged in tourism, catering and passenger transport, one request for investment loans and five for start-ups, B92 reports.

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