Eligibility

• SMEs enganged in new technology business

• New technology SMEs with 1,000 or fewer employees and 100 billion won or less total assets

• Industrial Research Cooperatives

• Technology Guarantee

• - Guarantees for monetary liabilities to financial institutions

• - Guarantees given to innovation-leading SMEs

• Banks, and Non-banking financial institutions

• For the Technology Credit Guarantees, KOTEC's maximum guarantee ceiling per company is 3 billion won. However, KOTEC can guarantee up to a maximum of 10 billion won in the following cases.
• 
• - Guarantees to Industrial Research Cooperatives
  - Guarantees pertaining to technology value evaluated by Technology Appraisal Centers
  - Guarantees for buyer credit and credit card designated for purchase of law materials and services
  - Guarantees for technology-intensive SMEs that are designated by KOTEC
• 
• - Guarantees for trade loans & SME's export loans from the Export-Import Bank of Korea
  - Guarantees for opening of L/C account to import raw materials for goods to be exported
  - Collateralized guarantees for E-commerce and contract performance guarantee for the technology-
     intensive companies designated by KOTEC
  - Collateralized guarantees for export bills and guarantees for redemption of the export bills
  - Guarantees for companies with excellent technologies and companies in green growth industries
     among KOTEC's focussed support areas
• 
• - Guarantees for SME loans for Capital Expenditure such as plant, property, and equipment
     (precondition: the termination of guarantee contract immediately after banks' collateralization
     of the tangible assets)
     In case of partial termination of guarantees, the ceiling is fixed as 3 billion KRW per the same
     company (5 billion KRW for technology-intensive companies)

• - Guarantee fees are normally charged according to company’s ratings, its total amount
     of guarantee used and its transaction period with us. These factors determine whether to add or
     deduct rates.
  - Guarantee Fee Per Annum

• 	Minimum Rate	Maximum Rate
  SMEs	0.5%	3.0%