KAVOSZ
KAVOSZ is the privately held Hungarian coordinator of the state-backed Széchenyi Kártya Program, routing subsidized SME credit applications through 100+ offices and 8+ partner banks to micro, small, and medium-sized enterprises across Hungary, free of charge to customers.
- Company typePrivate
- Founded2002
- HeadquartersBudapest, Hungary
- Headcount11–50
- GTM typeB2B
- OfferingServices
What KAVOSZ does
KAVOSZ Zrt. is a privately held Hungarian coordinator of the Széchenyi Kártya Program, a government-backed credit program serving micro, small, and medium-sized enterprises (KKV) in Hungary. The company operates as the structural interface between the Hungarian Ministry of Economic Affairs and Energy (Gazdasági és Energetikai Minisztérium), which defines the program and supplies interest, guarantee, and processing-cost subsidies, and a nationwide distribution network comprising 100+ registered offices and eight participating financing banks (CIB, Erste, Gránit, K&H, MBH, OTP, Polgári, Raiffeisen). Services are provided to customers free of charge — no fees, commissions, or advisory charges — with revenue derived from government program administration.
The product portfolio spans revolving credit lines (Széchenyi Kártya Folyószámlahitel MAX+, Turisztikai MAX+, Agrár Széchenyi Kártya), working capital and liquidity loans (Széchenyi Likviditási Hitel MAX+, Széchenyi Agrár Mikro Forgóeszközhitel), investment loans (Széchenyi Beruházási Hitel MAX+, Agrár Széchenyi Beruházási Hitel MAX+, Széchenyi Mikrohitel MAX+), and financial leasing (Széchenyi Lízing MAX+). Rates are heavily subsidized — account overdrafts at approximately 3.5% net annual interest (1% for energy cards), investment loans at 1.5% (0.5% for energy efficiency/technology upgrade sub-products), and micro-loans at 1% — well below market levels. Underlying technology includes the proprietary SZKP Rendszer core system supporting credit application processing, office routing, bank forwarding, and status tracking; the Ügyfélfiók online customer account system enabling digital application preparation; the Videóiroda video consultation channel; and a Linistry-powered online appointment booking integration.
Go-to-market is hybrid: physical channel via 100+ registered offices staffed by VOSZ (Vállalkozók és Munkáltatók Országos Szövetsége), regional chambers of commerce and industry, and KAVOSZ's own offices, paired with digital channels (Ügyfélfiók, Videóiroda, online appointment booking). Customers choose their preferred financing bank from program participants, and guarantee support is mandated through AVHGA for agricultural products and Garantiqa for non-agricultural products. The company is bank-, sector-, and customer-segment-agnostic within its regulatory mandate, with named customer evidence limited to case-study references such as Yamuna (cosmetics manufacturer using program financing for growth-stage expansion).
KAVOSZ firmographics
Firmographics- Name
- KAVOSZ
- Legal name
- KAVOSZ Széchenyi Kártya Program Zártkörűen Működő Részvénytársaság
- Website
- https://kavosz.hu
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- KAVOSZ is the privately held Hungarian coordinator of the state-backed Széchenyi Kártya Program, routing subsidized SME credit applications through 100+ offices and 8+ partner banks to micro, small, and medium-sized enterprises across Hungary, free of charge to customers.
- Ownership category
- akta.pro rank
KAVOSZ industry classification
Industry- Product category
- SME Lending Services
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
- akta.pro secondary industries
- SME Loan Servicing & Collections (FSAKAGAK), SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)
Keywords
Where KAVOSZ is headquartered
LocationHeadquarters
- HQ city
- Budapest
- HQ country
- Hungary
- HQ region
- Europe
Offices3 records
Markets served
KAVOSZ business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Program Coordination Fees: KAVOSZ operates as a coordinator of the Széchenyi Kártya Program, receiving funding from the Ministry for the coordination and administration of the program. The company explicitly states it provides services free of charge to customers — no success fees, commissions, or advisory fees are charged. Revenue is derived from government program administration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Free service for all customers — no fees, commissions, or success charges |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
KAVOSZ product offering
Product offeringCore offering
KAVOSZ Zrt. coordinates the Széchenyi Kártya Program, a Hungarian government-subsidized credit program that provides revolving credit lines, working capital loans, investment loans, micro-loans, financial leasing, and agriculture-specific credit products to Hungarian micro, small, and medium-sized enterprises (SMEs). The company routes loan applications through a nationwide network of 100+ registered offices (VOSZ offices, regional chambers of commerce, and KAVOSZ's own offices) to participating commercial banks, and provides all coordination services free of charge to customers.
Product overview
KAVOSZ operates as the coordinator of the Széchenyi Kártya Program, a comprehensive suite of state-subsidized credit products for Hungarian micro, small, and medium enterprises (SMEs). The portfolio includes revolving credit lines (Széchenyi Kártya Folyószámlahitel MAX+, Széchenyi Turisztikai Kártya MAX+, Agrár Széchenyi Kártya), working capital loans (Széchenyi Likviditási Hitel MAX+), investment loans (Széchenyi Beruházási Hitel MAX+, Agrár Széchenyi Beruházási Hitel MAX+), micro-loans (Széchenyi Mikrohitel MAX+), financial leasing (Széchenyi Lízing MAX+), and agricultural micro-working capital loans. All products feature government-supported interest rates, guarantee schemes, and are distributed through a nationwide network of partner banks and registration offices.
Differentiator
Problem solved
Functional benefit
Brands
- Széchenyi Kártya Program: Government-supported credit program for Hungarian SMEs offering various loan products including folyószámlahitel (overdraft), beruházási hitel (investment loan), likviditási hitel (liquidity loan), and agrár hitel (agricultural loan).
- Junior Prima Díj
Products and services
- Széchenyi Kártya Folyószámlahitel MAX+ (Széchenyi Card Overdraft MAX+)
Quantifiable outcome
- Interest rates as low as ~0.5%–3.5% net annual interest for SMEs, compared to market rates significantly higher
- +3 more outcomes
Companies that use KAVOSZ
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
KAVOSZ technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
KAVOSZ partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core.
- CIB Bank Zrt.coreCIB Bank is one of the primary financing banks participating in the Széchenyi Kártya Program, providing credit assessment and loan disbursement for Széchenyi Kártya Folyószámlahitel MAX+ (for amounts 50M+ HUF), Széchenyi Beruházási Hitel MAX+, and other program products. Customers select their preferred bank during the application process.
- Erste Bank Hungary Zrt.coreErste Bank participates in the Széchenyi Kártya Program as a financing bank, providing credit services for program products including Széchenyi Kártya Folyószámlahitel MAX+, Széchenyi Beruházási Hitel MAX+, Agrár Széchenyi Beruházási Hitel MAX+, and Széchenyi Turisztikai Kártya GO!
- Gránit Bank Zrt.coreGránit Bank is a participating financing bank in the Széchenyi Kártya Program, offering credit products including Agrár Széchenyi Kártya MAX+ and other program offerings.
- K&H Bank Zrt.coreK&H Bank joined the Széchenyi Kártya Program in October 2023 and provides financing for Széchenyi Kártya Folyószámlahitel MAX+ (without the Széchenyi Energiakártya sub-product) and Agrár Széchenyi Kártya MAX+.
- MBH Bank Nyrt.coreMBH Bank (formed from the merger of MKB Bank and Takarékbank) participates as a financing bank in the Széchenyi Kártya Program, offering various program products.
- OTP Bank Nyrt.coreOTP Bank is a major participating financing bank in the Széchenyi Kártya Program, offering credit products including Agrár Széchenyi Kártya MAX+ and Széchenyi Turisztikai Kártya GO!
- Raiffeisen Bank Zrt.coreRaiffeisen Bank participates in the Széchenyi Kártya Program as a financing bank, offering credit products including Agrár Széchenyi Kártya MAX+ (for 50M+ HUF), Agrár Széchenyi Beruházási Hitel MAX+ (for companies with 296M+ HUF revenue), and Széchenyi Turisztikai Kártya GO!
- Polgári Bank Zrt.corePolgári Bank participates as a financing bank in the Széchenyi Kártya Program, offering credit products including Agrár Széchenyi Kártya MAX+.
- Agrár-Vállalkozási Hitelgarancia Alapítvány (AVHGA)coreThe AVHGA provides guarantee (készfizető kezességvállalás) for agricultural credit products in the Széchenyi Kártya Program. For products like Agrár Széchenyi Kártya, ASZB MAX+, and Széchenyi Agrár Mikro Forgóeszközhitel, AVHGA's guarantee is a mandatory component of the government subsidy framework.
- Garantiqa Hitelgarancia Zrt.coreGarantiqa provides guarantee (készfizető kezességvállalás) for non-agricultural Széchenyi Kártya Program products including Széchenyi Beruházási Hitel MAX+, Széchenyi Lízing MAX+, and Széchenyi Likviditási Hitel MAX+. The guarantee is a mandatory component of the government subsidy framework.
- Vállalkozók és Munkáltatók Országos Szövetsége (VOSZ)coreVOSZ is the national association of entrepreneurs and employers that hosts registered offices (regisztráló irodák) as part of the Széchenyi Kártya Program's nationwide office network. VOSZ offices process loan applications as part of the program's multi-channel distribution.
- Regional Chambers of Commerce and Industry (Területi Kereskedelmi és Iparkamarák)coreRegional chambers of commerce and industry (területi kereskedelmi és iparkamarák) host registered offices across Hungary as part of the Széchenyi Kártya Program's nationwide office network, processing loan applications and providing customer guidance.
- Gazdasági és Energetikai Minisztérium (Ministry of Economic Affairs and Energy)coreThe Hungarian Ministry of Economic Affairs and Energy (Gazdasági és Energetikai Minisztérium) is the government authority overseeing the Széchenyi Kártya Program. The Ministry makes decisions on program parameters including interest subsidies, guarantee subsidies, and processing cost subsidies that enable KAVOSZ to offer subsidized credit to Hungarian SMEs.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
KAVOSZ competitors and assessment
Company assessmentOthers
- Garantiqa Hitelgarancia Zrt. Hungarian state-backed guarantee institution that provides the mandatory készfizető kezesség for non-agricultural Széchenyi Kártya products. Functions as an ecosystem participant enabling KAVOSZ's product framework rather than a competitor.
- European Investment Fund (EIF): EU-level financial institution providing guarantees, counter-guarantees, and securitization to intermediaries that finance SMEs across Europe. Operates upstream in the ecosystem that KAVOSZ's partner banks (via Garantiqa, AVHGA) tap into for SME credit enhancement.
Broad incumbents
- Finnvera Oyj: Finnish state-owned specialized financing company providing loans, guarantees, and export credit to Finnish SMEs. Overlapping function as a state-backed SME finance provider, though it operates from its own balance sheet rather than purely as a program coordinator.
- Bpifrance: French state investment bank offering subsidized loans, guarantees, and SME financing products across the entire French market. Comparable mission — supporting SME access to credit through state-backed mechanisms — but at much larger scale and with broader product scope than KAVOSZ.
- KfW Mittelstandsbank: German state development bank operating extensive government-subsidized SME lending and guarantee programs. A larger, established incumbent in the same SME-financing space; KAVOSZ operates as a thinner intermediary on a narrower national program.
Direct peers
- ČMZRB (Czech-Moravian Guarantee and Development Bank): State-owned Czech bank coordinating government-supported SME loan and guarantee programs analogous to Hungary's Széchenyi Kártya Program. Operates the same intermediation model between SMEs, partner banks, and guarantee institutions in the Czech market.
- Slovenski podjetniški sklad (Slovenian Enterprise Fund): Slovenian state fund administering government-subsidized loan and guarantee programs for SMEs and startups. Comparable role as a public-sector coordinator of subsidized SME credit products within a Central European market.
- MFB Magyar Fejlesztési Bank: Hungarian state-owned development bank providing subsidized financing to Hungarian SMEs and corporates. Operates in the same domestic market with overlapping mandate around state-backed SME credit products, making it the closest Hungarian competitor to KAVOSZ's program administration role.
- Polski Fundusz Rozwoju (PFR): Polish state-owned development group operating subsidized loan and guarantee programs for Polish SMEs, including working capital and investment credit products analogous to Széchenyi Kártya. Comparable role as central coordinator of state-backed SME financing.
- Slovenský záručný a rozvojový fond (SZRB): Slovak state development finance institution providing government-subsidized loans, guarantees, and SME financing products. Mirrors KAVOSZ's role as a state-backed coordinator of subsidized SME credit programs in a neighboring Central European market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
KAVOSZ social profiles
Digital presenceKAVOSZ financial estimates
Financial estimateRevenue estimate
Valuation estimate
KAVOSZ leadership team
Management profileNumber of profiles
KAVOSZ funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KAVOSZ M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KAVOSZ
What does KAVOSZ do?
KAVOSZ Zrt. coordinates the Széchenyi Kártya Program, a Hungarian government-subsidized credit program that provides revolving credit lines, working capital loans, investment loans, micro-loans, financial leasing, and agriculture-specific credit products to Hungarian micro, small, and medium-sized enterprises (SMEs). The company routes loan applications through a nationwide network of 100+ registered offices (VOSZ offices, regional chambers of commerce, and KAVOSZ's own offices) to participating commercial banks, and provides all coordination services free of charge to customers.
Is KAVOSZ a public or private company?
KAVOSZ is a private company. It is classified as unknown and is currently operating.
When was KAVOSZ founded?
KAVOSZ was founded in 2002. It employs 11 to 50 people.
Where is KAVOSZ based?
KAVOSZ is headquartered in Budapest, Hungary, in the Europe region.
How does KAVOSZ make money?
One revenue line is on record: program Coordination Fees.
Who are KAVOSZ's main competitors?
Others on record are Garantiqa Hitelgarancia Zrt. and European Investment Fund (EIF). Broad incumbents are Finnvera Oyj, Bpifrance and KfW Mittelstandsbank. Direct peers are ČMZRB (Czech-Moravian Guarantee and Development Bank), Slovenski podjetniški sklad (Slovenian Enterprise Fund), MFB Magyar Fejlesztési Bank, Polski Fundusz Rozwoju (PFR) and Slovenský záručný a rozvojový fond (SZRB).
Does KAVOSZ have an API?
No public API is recorded for KAVOSZ.
What industry is KAVOSZ in?
KAVOSZ's product category is SME Lending Services. Its primary akta.pro industry code is FSAKAGAI, SBA/Government-Backed & Development Finance Loans, with a secondary code of FSAKAGAK, SME Loan Servicing & Collections. Its NAICS code is 522 and its SIC code is 6163.