Entrepreneurs can apply online for the financial guarantee that will fill the collateral gap when accessing credit from banking institutions, and partner banks will also file the guarantee file online with the IMMS. Thus, applicants for financial guarantees will no longer move to DSOs to personally submit the documents.
The implementation of this software reduces the time to issue a financial guarantee, makes the guarantee process more transparent, improve the quality of reporting, and the maintenance of guarantee files on paper will be excluded. At the same time, the software integrates modern technologies of the Electronic Government Centre and the State Register of Law Units (SUD).IMG 5855aaaaaaaaaa edited
Currently, the IMMO works together in the area of SME loan guarantees with 9 banking institutions out of the 11 existing in the Republic of Moldova and proposes 5 credit guarantee products for start-up, active and exporting small and medium-sized enterprises. The maximum value of the guarantee that can be issued by DSOsIMM is RON 5.000.000 for up to 5 years.
The Credit Guarantee Fund (LGF) is tasked with ensuring access to finance for local companies by issuing financial guarantees. The Credit Guarantee Fund is managed by the Organisation for the Development of the Sector of Small and Medium Enterprises (ODIMM).
Communication Department and ODIMM RP