Frc, Fondul Roman De Contragarantare

Frc, Fondul Roman De Contragarantare company information, Employees & Contact Information

Entrepreneurship - an economic development and job creation factor. SMEs need access to finance, this being a major lever in their development and consolidation. FRC's mission ->facilitate access to finance for micro-enterprises (eg the Start-Up Nation Program - Romania), for SMEs, reducing the costs of collateral and reducing risk to credit institutions through de minimis aid schemes (state aid) in line with EU rules. In addition, FRC grants in the name and state's account guarantees in nationally funded programs (eg Invest in yourself program). FRC was set up in 2009 - its main financial instrument, counter-guarantee/co-guarahtee, aiming to support the development of SME in order to facilitate their access to finance and as a support measure for this sector during the economic and financial crisis.
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