Funds for founding (re-challenge)

Last update date May 1, 2024

Financing terms and conditions
required documents
Flow until receiving loans
Loan consultation and application (financial institutions)
Related page

Financing terms and conditions

Funds for founding (re-challenge)
Financing target	Person who satisfies all of the following and starts business newly in the city (or one less than five years after starting new business) A person who has experience in abolishing a business he / she has been operating in the past due to deterioration of its management status, or an officer who executes the business of the company on the day of the dissolution of a company that has been dissolved in the past due to deterioration in management conditions. Those who are less than 5 years from the date of abolition or dissolution of the business
Use of funds	Working capital and equipment funds
Loan amount	Up to 35 million yen
Interest rate (annual interest rate)	A fixed interest rate or variable interest rate shall be selected. Fixed interest rate Within 3 years 2.0% 3 years to less than 5 years 2.2% Up to 10 years or less within 2.4% Variable interest rate Short-term prime rate within +0.7% (*) （＊） The short-term prime rate is the most preferential interest rate for financial institutions to provide loans within one year, and varies from financial institution to financial institution.
Financing period	Operating capital within 10 years (Including 12 months of deferred work)
Collateral	Not required in principle
Guarantee fee rate	0.72% (0.08% grant)

※If you are a non-profit organization, you cannot use this fund.

required documents

Credit Guarantee Contract Application Form (Form prescribed by Yokohama City Credit Guarantee Association)
private seal certificate (* 2 and 3) of the applicant (individual / corporate) and joint guarantor (* 1)
Tax payment certificate (* 2) or copy of receipt (Yokohama municipal tax with delivery date)
Copy of financial statements (final income tax return) (in principle, for the last two years)
A corporation obtained through a certificate of all history items (commercial register copy) or a registration information provision service (* 2, 3)
In the case of a licensing business, a copy of the license certificate
Capital funds are copies of quotes, layouts, catalogs, etc.

※1 When a joint guarantor is required
※2 Certificates must be up to 3 months
　　　You can apply for a tax payment certificate online.
※3 Copy is acceptable when applying for the Yokohama City Credit Guarantee Association

Necessary documents in addition to 1 to 7.
Financing target	required documents
Common	Start-up / Re-challenge Plan (for start-up-related guarantee / re-challenge support guarantee) [Association style] (outside site)
When we start business newly in the city	"Certificate of being supported by a business such as certified specific founding support" issued by the municipality (copy) (copy) (only applicable person)

Flow until receiving loans

Small and medium-sized enterprises consult and apply for loans to the nearest financial institution.
After reviewing the loan, the financial institution requests a guarantee from the Yokohama City Credit Guarantee Association.
The Yokohama City Credit Guarantee Association will determine the guarantee after examination of the guarantee.
Financial institutions provide loans.

Consultation and application for financing (financial institutions: in Japanese alphabetical order)

List of Financial Institutions
Shinkin Bank	Kanagawa, Kawasaki, Sawayaka, Shiba, Shonan, Jonan, Setagaya, Yokohama
Banking Corporation	Awa, Kanagawa, Kiraboshi, Gunma, Shizuoka, Shizuoka Chuo, Suruga, Daiko, Daishi Hokuriku East Japan, Hokuriku, Mizuho, Sumitomo Mitsui, Mitsubishi UFJ, Yamanashi Chuo, Yokohama, Resona
Government-affiliated financial institutions	Shoko Chukin Bank