Small and medium-sized enterprise credit insurance

Japanese: 中小企業信用保険 - ちゅうしょうきぎょうしんようほけん

Credit insurance is a government-financed fund that compensates financial institutions for losses incurred through small business financing. It is based on the Insurance Act (1950). Insurance contracts are concluded between the Credit Guarantee Corporation, which guarantees loans to small businesses, and the Small Business Credit Insurance Corporation. When a Credit Guarantee Corporation makes a payment on behalf of a small business, it can receive 70-80% of the payment amount as insurance money from the Small Business Credit Insurance Corporation.
→ Related items Small and Medium Enterprise Finance Corporation

Source : Heibonsha Encyclopedia About MyPedia Information

Japanese:

金融機関が中小企業金融によってこうむる損害を政府出資の基金によって補償する信用保険。同保険法（1950年）に基づく。中小企業者への融資を保証している信用保証協会と中小企業信用保険公庫との間で保険契約が結ばれる。信用保証協会は，中小企業に代わって弁済した場合，中小企業信用保険公庫から弁済額の70〜80％を保険金として受け取ることができる。
→関連項目中小企業金融公庫

出典　株式会社平凡社百科事典マイペディアについて　情報

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