Government's emergency countermeasures `` Interest-free and unsecured loan system '' started on March 17 March 4:16
The new system, which is one of the government's urgent measures against the spread of the new coronavirus infection and which can finance SMEs with funding substantially free of interest and unsecured, will start handling from 17th of next week. Was.
As a second emergency response measure, the government has newly established a special loan system that can provide loans substantially free of interest and unsecured in order to support SMEs in raising cash.
The Japan Finance Corporation and the Okinawa Development Finance Corporation handle it, and will start handling it from this month.
The target is to reduce interest rates by 0.9% for SMEs and sole proprietors, including freelancers, whose sales have decreased by more than 5%, so that they will be able to obtain loans at the 0% level for the next three years.
In addition, for companies in more severe business conditions, such as a 15% to 20% decrease in sales, the state will make up for the amount of interest, allowing them to borrow substantially without interest, regardless of creditworthiness or collateral. You.
The maximum amount of loans covered by interest is 100 million yen for SMEs and 30 million yen for small businesses.
Companies that have already received an emergency loan from the Japan Finance Corporation for the first measure are also eligible for the new system, going back to the January 29 application.
The Japan Finance Corporation also accepts telephone consultations on weekends and holidays until the end of this month.
Phone numbers for small businesses are 0120-112-476,
SMEs are 0120-327-790,
Agriculture, forestry and fishermen are 0120-926-478,
Available from 9 am to 5 pm
On the other hand, the credit guarantee associations in each region will support SMEs in raising cash from 13th.
The government's first countermeasure is "Safety Net Guarantee No. 4," which guarantees 100% of borrowings up to 280 million yen for companies whose sales have decreased by more than 20%. The company has expanded the “Safety Net Guarantee No. 5” system, which guarantees 80% of borrowings for companies whose sales have decreased by more than 5%.
What will be expanded from the 13th is the first “crisis-related guarantee” system, which is a separate framework from the first one. Regardless, we guarantee 100% of the debt up to 280 million yen.