Fund of Small Business Credit Assistance of Moscow was established by the Government of Moscow in 2006 and operates under the guidance of Department of Science, Industrial Policy and Entrepreneurship of Moscow. Fund fully meets international standards and since 2012 is a full member of AECM.
The mission of Fund is to increase the access of SMEs to credit resources and to support entrepreneurs in case of lack of collateral and high credit risks. In Russia there are more than 80 regional guarantee funds, the Moscow Fund is the largest one at the moment. Guarantee capital of FSECA is 10.3 bln. Rub., guarantees provided: over 7600 for more than 38 bln. Rub., the amount of SMEs financing due to FSECA activities is more than 81 bln. Rub.
We look forward to work with our European partners.
|Year of creation|
individual entities or association
|Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)?||No|
|Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)?||Yes|
|Do you (your members) dispose of an internal rating/scoring system?||Yes|
|Do you (your members) use..?|
De minimis or GBER or Regional guidelines or Notification
|Is the activity subject to state aid regulation?||No|
|Other SME support instruments offered by your organisation/your members|
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
|Types of guarantee products provided by your organisation/your members||Loan default guarantees, Working capital loan guarantees, Leasing guarantees, Factoring guarantees, Letter of credit guarantees|
|Are you/your members financial intermediary for EU-programmes?|
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
|Do you benefit from a counter-guarantee at local, regional or national level?|
Local level or Regional level or National level
|Type of scheme|
guarantee or counter-guarantee
guarantee or counter-guarantee or co-guarantee
|Guarantee, Counter-garantee, Co-garantee|
|Profit / Non-profit oriented|
dividends to public shareholders are not considered as profit orientation
i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members
|Supervised by the Ministry of Economic Development of the Russian Federation and Russian Small and Medium Business Corporation|
|Size of businesses supported|
i.e. large companies, SMEs, micro-enterprises, independent/self-employed
|SMEs, Micro-enterprises, Independent/Self-employed|
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
|Any SME sector of activity|
i.e. local, regional, national
|Structure / Network|
i.e. central scheme with regional offices, central scheme only, association network
|Central Scheme Only|
of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Private / Public (in %)
|100% public - Government of Moscow (represented by the Department of Support and Development of Small Enterprises of the city of Moscow)|
i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models
|Type of organization|
National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed