The Current Situation and Countermeasures of Financing and Credit Guarantee System of Small And Medium-Sized Enterprises in Wuxi

2010 ◽  
Vol 1 (1) ◽  
pp. 121-135
Author(s):  
Joanna Próchniak

In the scope of the financial crisis and constraints in SMEs financing special attention is focused on the guarantee schemes and funds. The purpose of the article is to present the Polish guarantee funds valuation based on the funds’ activity data. The article highlights the guarantee schemes concept as a credit collateral and gives the broad overview of the Guarantee System in Poland, also the conceptual characteristics and good practices of the European guarantee systems.


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