群馬県信用保証協会高崎支店

Most Japanese companies are classified as “SMEs” in terms of scale. The company needs money to do daily activities, or to start a new business. However, if a small business wants to borrow money from a financial institution (bank, credit union, credit union, etc.), a "guarantor" is required. "Guarantor" is a person who repays instead when the company is unable to repay. In other words, a person who can be a guarantor is a person who has "repayment ability", a person who has deposits, savings, own assets, etc. Even if there is no concern about the company's management status, financial plan, future prospects, etc., financial institutions will require a “guarantor”. Because this world doesn't know what will happen. I don't know if a natural disaster will happen and the company will not be able to repay. Of course, it may not be required, but it is very small. There are not many people with such assets. The company's representatives (representative directors) may not be enough guarantors. This is where the Credit Guarantee Association comes into play. When becoming a guarantor, the Guarantee Association collects a guarantee fee from the company according to the amount and period. Instead, if a company is unable to repay, it will repay on behalf of the company. (This is called guarantee obligation fulfillment) The Credit Guarantee Association supports the management and development of SMEs that support the region and Japan by becoming a “guarantor” of SMEs. By the way, financial institutions often require both the personal guarantee of the representative and the guarantee of the guarantee association when borrowing. Guarantee Association guarantee capacity is 100% and there is no shortage of collateral. Financial institutions assess their assets every year. It is a great advantage for financial institutions to have a guarantee from the Guarantee Association. The Credit Guarantee Association has created corporate credit (being a guarantor) and made efforts to facilitate finance (to make it easier to borrow), responded to various needs and contributed to strengthening the management base of SMEs. It contributes to the promotion and development of the local economy. Of course, the use of the guarantee association is limited by the size of the company and the number of employees, and cannot be used by large corporations. The Guarantee Association, Gunma Credit Guarantee Association Takasaki Branch is here. There is no doubt that a branch is a branch. I remember that this was where Takasaki Shinkin Bank had a branch.