The 5-7-9% Business Loan Program Extended Until 2027.

According to inkorr.com: The Cabinet of Ministers of Ukraine has decided to extend the "Affordable Loans 5–7–9%" program for enterprises located in frontline areas until the end of 2027. This will allow businessmen working in conflict zones to obtain financing and refinance their loans on favorable terms. This was reported by the Ministry of Economy of Ukraine.

The Ministry of Economy of Ukraine reported.

Program Expansion

The act adopted by the Cabinet on October 10 expands the program to regions where fighting is taking place, but where state electronic information systems are operational. This means that even businesses in the most dangerous areas will have the opportunity to apply for government support.

New Conditions for Enterprises

According to the new terms, companies that have already received support during the 2022-2024 period can now:

• extend the validity of loan agreements until the end of 2027;
• refinance their debts on existing loans on preferential terms;
• apply for a preferential interest rate if their area has already been recognized as a high war risk zone after the contract is signed.

Ministry's Comment

Oleksiy Sobolev, Minister of Economy, Environment, and Agriculture, noted that this government decision aims to help businesses survive amidst shelling:

"Due to the strikes, many companies in the frontline regions have lost income and production capacities. To enable them to sustain their businesses and jobs, we have expanded the conditions of the 5–7–9% program. This will help enterprises near the front continue to operate and develop despite the threats."

About the Program

The "Affordable Loans 5–7–9%" program is part of the state's "Made in Ukraine" initiative. Its goal is to support micro, small, and medium-sized businesses by reducing the cost of loans through state compensation and guarantees.

Thus, the extension of the "Affordable Loans 5–7–9%" program will be an important step in supporting enterprises operating in combat zones. It creates new opportunities for business, considering the challenging circumstances, and demonstrates the government's intention to support the economy even in times of conflict.