Payroll loan in 2020

2024 Author: James Gerald | [email protected]. Last modified: 2023-12-17 14:00

The latest news reports that the state is introducing various measures to alleviate the consequences of the coronavirus pandemic. One of them is a loan for payment of wages in 2020 for small and micro enterprises. We will tell you how to get a loan.

What is an interest-free payroll loan

During the pandemic, many small and micro-enterprises operating in the provision of services, tourism, transport and sports were in a difficult situation. The country's government is proposing various concessions aimed at alleviating the situation in which Russian business is placed. Among them: credit holidays, tax deferrals and prolongation of insurance payments, a moratorium on debt collection and initiation of bankruptcy proceedings.

Since the beginning of April, it has become known that the Central Bank has allocated 150 billion rubles for the provision of an interest-free loan in 2020. Banks with a good financial reputation and stability will be engaged in issuing funds.

Sberbank and VTB have already been on this list since April 1, and since April 7 - SME Bank, Promsvyazbank, Gazprombank and Otkritie Bank. This is a targeted measure - funds will be issued to pay wages. During the first six months, small and micro-enterprises will be able to receive money to pay salaries to employees without paying additional funds to banks for interest on the loan, repaying only the body of the debt.

Subsequently, this service will be provided at 4%. Russian Prime Minister M. Mishustin said that the interest on the debt could be increased if, after receiving a loan to pay wages, an entrepreneur or a legal entity massively fires its employees.

Who can apply for a loan

Initially, Sberbank and VTB announced the issuance of a state-provided service only for clients who have received a salary in the bank - the so-called salary account.

In mid-April 2020, VTB announced the provision of a zero-interest loan to other clients. However, you can apply for such a service under one more condition: the preservation of the previous state by at least 90%.

The rest of the requirements for the borrower from Sberbank have not changed. A loan for the payment of wages to employees can be obtained:

• small and micro-enterprises, the annual turnover of which does not exceed 800 million rubles;
• working in the field included in the register of victims of the coronavirus pandemic - it was recently updated, but you can familiarize yourself with the list in Resolutions No. 434 and 379, adopted by the Russian Government in April 2020;
• are not currently on the verge of financial collapse, and even more so not at the stage of bankruptcy;
• with a staff of no more than 100 people and a period of activity in a specific area of at least 1 year.

The list adopted in the Government Decree covers various activities that have been devastated by the coronavirus pandemic:

• transport companies;
• educational sphere;
• provision of services to the population for the organization of cultural and sports leisure;
• entertaining;
• hotel;
• massive;
• demo;
• dental;
• household;
• catering establishments.

All of them were forced to suspend their work after the introduction of quarantine, and the state intends to support those who are trying to maintain their structure in order to continue working after the end of the epidemic.

How to get a loan from Sberbank

A client meeting the above requirements will not encounter any particular difficulties. He does not have to personally visit the nearest bank branch, and he does not even need to leave the house for this, if he has the Internet.

Loan for payment of wages refers to the pre-approved loan. You can go to the service "Sberbank Business Online" and just click on the option "Loan for salary payments at 0% per annum".

Next, you need to fill out an application and send some documents:

• information about the personnel for which the monthly insurance is paid to the Pension Fund of Russia;
• an extract where there is reliable information about the company's annual turnover;
• individual data (TIN and passport data).

Within a day, you can get not only loan approval from 0% for the first six months, but also receive funds to the account. There are banks in which it is not necessary to be a payroll client, but a more extensive list of documents will be required, and the application approval period may be longer.

What amount can you count on

In his speech on assistance to small businesses and micro-enterprises, the President of Russia clearly outlined the amount of interest-free assistance for paying salaries to staff. When calculating, the bank takes into account only three factors:

• the number of officially registered employees who are in the state as of April 1, 2020;
• for a six-month period - the number of employees who will receive a salary for six months (then the loan will be provided at 4%);
• the minimum wage in Russia is 12,130 rubles. monthly.

In the instruction to the Government, it was said that the acceptance of applications should begin on May 1, while the funds will be credited from April. The entrepreneur will receive funds for April after May 18. This time interval is necessary so that the state can check one of the main conditions for obtaining a loan - the preservation of the staff of a small or micro-enterprise by 90% on April 1.

If employees are laid off in order to save money, you should not count on money. The money for the May payments will be transferred in the first summer month.

Deputy Chairman of Sberbank A. Popov confirmed the information on the provision of funds at 0% for 6 months. He stated that the bank will control the crediting of money to the current accounts of employees of the company, which has been issued a targeted loan. However, the manager has the right to use the funds received to pay insurance premiums.

Summarize

1. The government has provided preferences for those who are in a difficult situation due to the pandemic.
2. Small and medium-sized businesses will be provided loans at 0% to pay salaries to their employees.
3. Preferential conditions are provided for enterprises from the list approved by the Government Decree.
4. Those who have no more than 800 million rubles of annual turnover can apply.
5. The company's staff should remain at 90% of the number as of April 1.