Sowalfin

Avenue Maurice Destenay 13
4000 Li├Ęge
Belgium

+32 42370770
info@sowalfin.be
http://www.sowalfin.be

Year of creation
individual entities or association
2002
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
Walloon region and SRIW
Shareholder structure
Private / Public (in %)
100% public
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.
Limited company of public interest
Structure / Network
i.e. central scheme with regional offices, central scheme only, association network
Central scheme
Geographic coverage
i.e. local, regional, national
Regional (Wallonia)
Sectorial focus
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
No specific sectorial focus
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
Delegated mission from the Walloon Region
Profit / Non-profit oriented
dividends to public shareholders are not considered as profit orientation
Non-profit oriented
Do you benefit from a counter-guarantee at local, regional or national level?
Local level or Regional level or National level
No
Are you/your members financial intermediary for EU-programmes?
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
CIP/COSME, Structural funds - "Direct guarantees issued by SOWALFIN benefit from a counterguarantee of EIF under COSME and InnovFin Direct guarantees issued by our subsidiary SOCAMUT benefitted from structural funds under previous programs"
Types of guarantee products provided by your organisation/your membersLoan default guarantees, Working capital loan guarantees, Bridge financing loan guarantees, Leasing guarantees, Export guarantees
Other SME support instruments offered by your organisation/your members
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
Mezzanine financing
Is the activity subject to state aid regulation?Yes
Do you (your members) use..?
De minimis or GBER or Regional guidelines or Notification
De minimis
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)?No