House of Entrepreneurship
14, rue Erasme
1468 Luxembourg

(+352) 42 39 39 33


The Mutualité de Cautionnement (MC) was created in 1969 by the Chamber of Commerce in the form of a cooperative society and under the impetus of the Confédération luxembourgeoise du Commerce (clc) and the Horesca with the aim of facilitating access to bank financing for Luxembourgish companies. The year 2018 represents a new stage for the MC due to an in-depth reform of its organisation and governance in order to better support entrepreneurship.

MC’s objective is to compensate for the lack of guarantees for small and medium-sized enterprises (SMEs) by granting a guarantee. It can act as guarantor for approved credit institutions when the guarantees provided by the entrepreneur are insufficient.

MC can intervene for viable investment projects presented by traditional or innovative companies during the creation, development, modernisation or transmission phases. It aims primarily to support productive investments and not the financing of cash flow needs or financial restructuring.

AECM accession year2011
Legal formCooperative society
Geographical and sectoral coverageNational
Industry, crafts, retail, restauration, liberal professions
ProductsLoan guarantee, leasing guarantee, project guarantee, advisory
Counter-guaranteeNo counter-guarantee

Luxembourg/Brussels, 15th December 2022