Risk Compensation Funds -- The "Reassurance" Of SME Financing

In the future, small and medium-sized enterprises will also have a more "financing door" for financing. The provincial finance department and the provincial economic and Trade Commission jointly formulated and promulgated the implementation measures for the risk compensation special fund management of small and medium enterprises credit guarantee institutions in Fujian this month, while helping the credit guarantee agencies to avoid risks, and indirectly protecting the interests of small and medium-sized enterprises.

Influenced by many factors, the problem of financing is perplexing the small and medium-sized enterprises for a long time. The emergence of various financing guarantee institutions alleviates this problem to a certain extent.

The "measures" are introduced to standardize the behavior of guarantee risk compensation, establish guarantee risk compensation and performance incentive mechanism, and improve the construction of credit guarantee system for small and medium-sized enterprises.

The reporter has learned that the special compensation fund for small and medium enterprises credit guarantee institutions (hereinafter referred to as special funds) is arranged by the provincial budget, and is mainly used to support the guarantee funds provided by the guarantee institutions for the risk of loans that may be generated by the small and medium sized industrial enterprises and small and medium sized trading enterprises in the province.

Insiders pointed out that the number of small and medium-sized enterprises in our city is large. The introduction of the "measures" brings the gospel for SME loans and legitimate financing.

On the other hand, it will stimulate the establishment of various credit guarantee institutions in our city, and promote the normal operation and economic development of enterprises through various credit guarantee businesses.