Services

Obtaining guarantees from the Guarantee Fund

Description

The service provides for a provision of guarantee to attract credit funds.

Terms

  • Maximum security term – 10 years
  • The amount of own collateral security – minimum 20% of the credit amount
  • Maximum non-recurrent security amount: up to 100 Mio rubles
  • Security fee: from 0.5% per annum

Procedure

Sending the application form

An investor applying for a guarantee selects the appropriate service in the "Investor's Personal Cabinet", uploads files for preliminary consideration of an application by the Guarantee Fund and their subsequent transfer to a financial organization from among the partners of the Fund for consideration of the possibility of crediting.

Document check

Review of applicant and investment project by the Fund and financial organization.

Taking a decision

The commission makes decisions on providing a guarantee on the basis of the borrower credit rating and the decision of the financial organization. The conditions on which the decision was made shall be sent to investor.

Signing of an agreement

Trilateral guarantee agreement is concluded between the Fund, the Bank and the Borrower.

Contacts

Guarantee Fund of the Chuvash Republic

call(8352)64-07-07,  64-07-06

emailmail@gfchr.org