MCAC – Mutualité de Cautionnement et d’Aide aux Commerçants

House of Entrepreneurship
14, rue Erasme,
1468 Luxemboûrge
Luxembourg

(+352) 42 39 39 317
mcac@houseofentrepreneurship.lu
http://www.mcac.lu

Year of creation
individual entities or association
1969
Type of scheme
guarantee or counter-guarantee
Guarantee, Countergarantee
Product typology
guarantee or counter-guarantee or co-guarantee
Guarantee, Counter-garantee
Ownership
i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models
Private-public
Shareholder structure
Private / Public (in %)
Private (0,28%); Public (99,72%)
Legal form
of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Cooperative company
Legal form
of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Mutual guarantee fund
Structure / Network
i.e. central scheme with regional offices, central scheme only, association network
Central scheme only
Geographic coverage
i.e. local, regional, national
National
Sectorial focus
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
Industry, Retail, Hotels and restauration, Services
Size of businesses supported
i.e. large companies, SMEs, micro-enterprises, independent/self-employed
SMEs, Micro-enterprises, Independent/Self-employed
Supervision statute
i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members
Non-supervised
Profit / Non-profit oriented
dividends to public shareholders are not considered as profit orientation
Profit oriented
Do you benefit from a counter-guarantee at local, regional or national level?
Local level or Regional level or National level
National level - Luxembourg Government
Are you/your members financial intermediary for EU-programmes?
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
No
Types of guarantee products provided by your organisation/your membersLoan default guarantees, Working capital loan guarantees, Bridge financing loan guarantees, Mezzanine financing guarantees, Leasing guarantees, Project guarantees
Other SME support instruments offered by your organisation/your members
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
Coaching
Is the activity subject to state aid regulation?No
Do you (your members) use..?
De minimis or GBER or Regional guidelines or Notification
No
Do you (your members) dispose of an internal rating/scoring system?Yes
Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)?Yes
Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)?Yes