한국과 독일의 중소기업 신용보증제도 고찰

In this review, I examined the credit guarantee system, which is one of the main financial support policy instruments for small and medium-sized enterprises, and compared the cases of Korea and Germany. This is because the competitiveness of German SMEs is known to be relatively strong.  In order to find out the peculiarities in Germany's credit guarantee support system for small and medium-sized enterprises that are different from Korea's credit guarantee support system, I looked at Germany as a comparative target. The study first examined Korea's credit guarantee support system for small and medium-sized enterprises, then introduced the German credit guarantee system, and finally drew the differences between the Korean and German credit guarantee systems, and based on this, drew policy implications for Korea's credit guarantee system. In conclusion, Germany does not have a very active credit guarantee system compared to Korea because the German federal and state governments provide sufficient loan funds through the ERP special fund and its own resources. In addition, bank guarantees cannot be applied for policy funds, but only for private funds. As a result, credit guarantees are not an active financial instrument in Germany. Nonetheless, the German federal and state governments offer a variety of incentives to guarantee banks to facilitate financing for local small businesses. This is believed to be to provide local small business owners with minimal financing opportunities.