Guarantee limit per a company
Guarantee limit per a company
Guarantee limit per a company
KOTEC's maximum guarantee ceiling per a company is 3 billion won.
Exceptional Cases
- Up to 5 billion won
- Guarantees to Industrial Technology Research Cooperatives
- Guarantees extended on the basis of the monetary value of a certain technology determined by the Technology valuation of KOTEC
- Guarantees for corporate loans intended for the purchase of raw materials
- Guarantees for Technology-Intensive SMEs designated by KOTEC
- Up to 7 billion won
- Guarantees for trade loans & SME's export loans extended by the Export-Import Bank of Korea
- Guarantees for opening of L/C account to import raw materials for goods to be exported
- Guarantees for E-commerce and contract performance provided to the Technology-Intensive SMEs
- Guarantees for loans secured by export bill of exchange and guarantees for negotiation of the export bill
- Guarantees for companies with excellent technologies and companies in green growth industries among KOTEC's key support areas
- Up to 10 billion won
- Guarantees for fixed asset loans with a few conditions attached including the immediate termination of guarantee contract after banks' collateralization of the fixed assets
Guarantee Limit by technology ratings
- The guarantee limit per a company specified above, however, shall not exceed the guarantee limits by technology ratings illustrated in the table below.
| Technology Ratings | Guarantee Limit |
|---|---|
| AAA,AA | 7 billion Won |
| A | 6 billion Won |
| BBB | 5 billion Won |
| BB | 4 billion Won |
| B | 3 billion Won |
| CCC,CC,C | 1 billion Won |
| D | Not Eligible |