Expensive loans, "inhibit" the development of SMEs

In January-September in Russia, registered 169.5 thousand new companies - in 2,3 times less than the same period last year. The main cause of low business activity - high interest rates on loans. However, at the same time slowed down the pace of liquidation - for the first nine months of this year eliminated 24,7 thousand enterprises, which is 23% less than in 2008. The order of 6.8 thousand companies were liquidated due to bankruptcy - a 30% lower than last year. According to the Federal Tax Service, in early October 2009 in the country operated 4,184 thousand enterprises. The emergence of new companies prevented the unavailability of credit resources - during the crisis, banks have tightened lending conditions, hedging against risk. According to the Bank, in July 2009, rates on "commercial" loans accounted for 14,7% - on 3,4% more than in July last year. It is worth noting that Internet retailers in most cases more difficult to obtain credit, than the representatives of the "real" business. Other important reasons for low business activity in the country: decrease in consumer demand and regulatory barriers, according to RB.ru.