APPLICATION PROCESS

WHAT IS THE APPLICATION AND DECISION-MAKING PROCESS?

• The potential borrower (MSME) does not apply for a guarantee but applies for a loan at one of the Registered Financial Institutions of the FKGK (see the Intermediaries paragraph)
• The Registered Financial Institution after carrying out the usual credit analysis applying the approval standards and if the company meets the criteria of FKGK then the relevant Financial Institution will place the loan under the credit guarantee of FKGK