Credit Guarantees

The Yokohama Small and Medium Enterprise Loan System is a system in cooperation with the Yokohama City Credit Guarantee Association. When using the loan system, please attach a guarantee from the Yokohama City Credit Guarantee Association.

The Yokohama City Credit Guarantee Association was established based on the "Credit Guarantee Association Law" to pave the way for financing as a "public guarantor" when small and medium-sized enterprises in the city receive loans from financial institutions. It is a public institution.

Small and medium-sized enterprises engaged in business in Yokohama.
However, there are some industries that are not covered by warranty. Please see web page (outside site) of Yokohama City Credit Guarantee Association.

Refers to a corporation or sole proprietor who satisfies either (1) capital or (2) the number of employees. (according to the Small and Medium Enterprise Credit Insurance Law)

※For special guarantees provided by government measures such as management stability-related guarantees (safety net guarantee), a guarantee limit is set separately from the normal guarantee limit.

If you receive a loan using the association's guarantee, a credit guarantee fee will be required in consideration of using the association guarantee. Credit guarantee fees are calculated from the loan amount, guarantee period, credit guarantee fee rate, etc.

※Split coefficient…In the case of installment repayments, the guarantee fee is calculated in consideration of the possibility that the loan balance will decrease.

Guarantee fee = loan amount × guarantee period × guarantee fee rate

In October 2007, the Credit Guarantee Association introduced a system in which the Credit Guarantee Association guarantees 80% of the loan amount.

This system applies to the Yokohama Small and Medium Enterprise Loan Program, except for some funds, which are exempt from the share responsibility system.

There are two types of responsibility sharing systems: a contribution method and a partial guarantee system. One of the methods is adopted for each financial institution.

Guarantee fees are, in principle, lower guarantee fees for guarantees that are subject to the shared responsibility system. The guarantee fee to be paid is the same regardless of whether the financial institution uses the contribution method or the partial guarantee method.

Main non-applicable guarantee system (100% guarantee system) corresponding to Motoichi loan system

[Assurance related to the micro-enterprise guarantee system ⇒ Response with special funds for small businesses]

　This is a nationwide unified guarantee system provided for small businesses in line with the introduction of the responsibility sharing system.

[Assurance for start-up-related insurance and start-up-related insurance ⇒ Response with start-up funds, etc.]

　Guarantees for small and medium-sized enterprises that have not been in business for more than 5 years

Please see the homepage (outside site) of Yokohama City Credit Guarantee Association.

※In using Yokohama-shi medium and small-sized business financing system, there is examination of financial institution, credit guarantee association. In addition, the contents of each fund are intended to provide an overview, and do not guarantee that any loan will be executed or guaranteed consent.