Fédération Nationale des SOCAMA
5 bis Rue de Belfort
65000 Tarbes, France
France
+33 1 40 39 67 76
Marie-Line.VINCENT@bpce.fr
http://www.socama.com
Created by and for entrepreneurs, SOCAMA is a mutual guarantee society that guarantees professional loans for customers of the Banque Populaire. SOCAMA supports entrepreneurs in achieving their creative, development and recovery projects.
Serving professionals as its core business, SOCAMA is managed by trade experts who know your profession and your territory. Professionals bring their knowledge and validate the granting of the SOCAMA guarantee in local credit committees.
SOCAMA shares the financing risk, facilitates also access to credit and thereby limits the use of the assets of borrowers in the event of company failure. To support entrepreneurs is to recognize their qualities and professional expertise.
| Year of creation individual entities or association | 1968 |
| Type of scheme guarantee or counter-guarantee | Guarantee |
| Product typology guarantee or counter-guarantee or co-guarantee | Guarantee |
| Ownership i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models | Fully mutual, funded by SMEs |
| Shareholder structure Private / Public (in %) | Private 100 % |
| 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. | Association |
| Legal form of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc. | Association |
| Structure / Network i.e. central scheme with regional offices, central scheme only, association network | 13 SOCAMA |
| Geographic coverage i.e. local, regional, national | National |
| Sectorial focus i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc. | Crafts, Retail, Liberal professions |
| 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 | Mono-product banking licences |
| 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 |
| Types of guarantee products provided by your organisation/your members | Loan default guarantees |
| Other SME support instruments offered by your organisation/your members Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services | No |
| 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? | No |
| Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)? | No |
| Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)? | No |
