Garanzia Etica is a financial intermediary supervised by the Bank of Italy since 2010. Founded in 1975, Garanzia Etica is accompanying businesses, supporting their investments and growth, and facilitating the fulfilment of their financial needs by identifying the most appropriate technical forms and available facilitating measures. In line with market developments, Garanzia Etica has followed […]
The Organization for Entrepreneurship Development is a public institution under the Ministry of Economy with the mission to support the development of the entrepreneurial environment, including small and medium enterprises, by promoting entrepreneurial culture, providing financial and technical assistance to companies, issuing financial and state guarantees, and providing business support infrastructure.
MCGF / Azerbaijan MCGF (Mortgage and Credit Guarantee Fund of Azerbaijan) is a public fund that emerged from a merger between the Azerbaijan Mortgage Fund and the Credit Guarantee Fund of the Republic of Azerbaijan in 2017. Its aim is to improve living conditions, create an efficient financing mechanism for housing construction, to attract local […]
TMEDE / Greece The Greek Engineers and Public Works Contractors Fund, or TMEDE, was established in January 2017 with 31,000 individual members and 6,000 SMEs. Its principal purpose is to provide financial services in the form of loans and guarantees, and it operates under the guiding principles of solidarity and equitable distribution of risk among […]
Européenne de Cautionnement / France Européenne de Cautionnement (EDC) was created in 1928 by entrepreneurs. Located in Paris, the EDC Group has 24,000 professional customers including small businesses, and merchants. The EDC Group provides guarantees to suppliers to help customers having payment facilities. As of end-2021, EDC had an outstanding guarantee volume of almost bEUR […]
MGFSME / Bulgaria The Municipal Guarantee Fund for SMEs is a unique financial instrument launched and developed by the Sofia Municipality in support of the entrepreneurship and innovation ecosystem in Sofia. It aims at raising the competitiveness and success rate of SMEs in Sofia and applying the ”Think Small First“ principle at the heart of […]
Finnvera / Finland Finnvera provides financing for the start, growth and internationalisation of enterprises and guarantees against risks arising from exports. It strengthens the operating potential and competitiveness of Finnish enterprises by offering loans, domestic guarantees, export credit guarantees and other services associated with the financing of exports. The risks included in financing are shared […]
The Kosovo Credit Guarantee Fund (KCGF) is a local, independent, sustainable credit guarantee facility issuing portfolio loan guarantees to financial institutions to cover up to 50% of the risk for loans to micro, small, and medium enterprises (MSMEs). The KCGF was established in January 2016 under the Law on the Establishment of the Kosovo Credit […]
