KGF

Name

KGF

Legal name

Kredi Garanti Fonu A.Ş.

Website

https://kgf.com.tr

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

akta.pro secondary industry

SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• Credit guarantee services
• SME loan guarantees
• Collateral support programs
• Treasury-backed guarantees
• Joint guarantee financing

Headquarters

HQ city

Çankaya

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Equity-Backed Guarantee Fees: KGF charges fees for equity-backed guarantees with banks: 400 TL per request and 250 TL for guarantee allocation. Commission rates are 1% for bid bonds and performance guarantees, and 2% for all other cash or non-cash loans.
2. Treasury-Backed Guarantee Commission: For Treasury-backed guarantees, KGF collects a one-time commission fee of 0.03% (three per ten thousand) of the guarantee amount as a single payment. There is no application fee for Treasury-backed guarantees.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

KGF (Kredi Garanti Fonu A.Ş.) is Turkey's Credit Guarantee Fund, providing joint guarantor services for SMEs and non-SME businesses that cannot access bank financing due to insufficient collateral. KGF offers two core guarantee categories — equity-backed guarantees using its own capital and Treasury-backed guarantees supported by government funds — through shareholder banks, 40 branch offices in 35 provinces, and direct guarantee protocols with KOSGEB, TÜBİTAK, TTGV, and the Ministry of Science, Industry, and Technology.

Product overview

KGF (Kredi Garanti Fonu A.Ş.) is Turkey's Credit Guarantee Fund providing loan guarantee services rather than loans themselves. The company operates a dual-product architecture comprising Equity-Backed Guarantees (Özkaynak Kefaletlerimiz) using its own capital, and Treasury-Backed Guarantees (Hazine Destekli Kefaletler) supported by government Treasury funds. Within these core offerings, KGF manages multiple thematic support programs (KGF Tematik Destek Programları) including Digital Transformation, Technology, Export, Women Entrepreneurs, Entrepreneur, Manufacturing Industry, and Green Transformation packages. The company operates technology systems including KOBİS (credit scoring) and KOBİT (guarantee management), along with Portfolio Guarantee System (PGS) for streamlined bank-SME transactions. KGF also provides KOSGEB-backed guarantees through partnership programs. The company does not directly provide loans but facilitates credit access by acting as joint guarantor for creditworthy businesses lacking sufficient collateral.

Differentiator

Problem solved

Functional benefit

Segments4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• KOSGEB (Small and Medium-sized Enterprises Development Organization)coreStrategic or Co-development PartnerKOSGEB is a government entity shareholder of KGF. Within the scope of the 'Protocol on Direct Guarantee of KGF for SMEs to benefit from the KOSGEB Supports' signed on 27.06.2014, KGF becomes a solution to problems of SMEs which have difficulties accessing repayment supports in KOSGEB support programs due to insufficient collateral.
• TÜBİTAK (The Scientific and Technological Research Council of Turkey)coreStrategic or Co-development PartnerWith the 'Protocol of Transfer Payment Guarantee' executed on 18.02.2014, SMEs can obtain letter of guarantee directly from KGF for financing R&D and innovative projects supported by TÜBİTAK without applying to a bank, and pre-payment facility is provided for SMEs.
• TTGV (Technology Development Foundation of Turkey)coreStrategic or Co-development PartnerWith the framework contract signed on April 15, 2010, direct guarantee at rate of 100% can be granted by KGF without bank mediation to guarantee for SMEs to benefit from project finance supports provided by TTGV.
• Turkish Eximbank (Türkiye İhracat Kredi Bankası A.Ş.)coreStrategic or Co-development PartnerAs per the protocol executed on 29.12.2014, the guarantee of KGF can be accepted as principal guarantee at rate of 100% for credits directly extended by Turkish Eximbank.
• Organized Industrial ZonesminorStrategic or Co-development PartnerKGF has organized industrial zone agreements facilitating the securitization of Organized Industrial Zone member SMEs' investment loans which are utilized for workplace construction financing purpose.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Fondo Centrale di Garanzia: Italy's central SME credit guarantee fund managed by Mediocredito Centrale; structurally analogous to KGF as a state-backed guarantee institution easing SME access to bank credit.
• European Investment Fund (EIF): EIF provides SME credit guarantees and counter-guarantees across Europe; directly comparable as KGF already channels EIF-backed guarantees and operates in the same credit guarantee institution category.
• Bürgschaftsbanken (Germany): Network of German regional guarantee banks providing SME credit guarantees; structurally analogous to KGF at a sub-national level, serving SMEs lacking collateral for bank credit.

Broad incumbents

• Bpifrance: France's public investment bank offering guarantees, loans, and equity for SMEs; comparable to KGF's guarantee function but operates a much broader financing mandate.
• Coface: International trade credit insurance provider; adjacent peer given KGF's export guarantee portfolio and shared function of underwriting commercial credit risk.
• Euler Hermes / Allianz Trade: Global trade credit insurer; relevant peer given KGF's export guarantee products (Eximbank-linked) and the broader credit insurance/guarantee category.
• KfW: German state development bank providing SME financing and guarantee programs; comparable to KGF's development-finance role within Germany, with broader mandate.
• British Business Bank: UK government development bank providing loan guarantees and finance programs for SMEs; comparable in mandate and target segment to KGF, though broader in product scope.

Regional players

• Türkiye Kalkınma ve Yatırım Bankası (TKYB): Turkish Development and Investment Bank; operates in the same domestic market as KGF with a TKYB Credit Support Package intermediated through KGF—highly relevant regional peer in development finance.

Others

• Türkiye Eximbank: Turkish export credit bank and KGF shareholder; complements KGF's export guarantee offerings, with deep operational partnership via the 2014 protocol.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/KGFTurkiye
• Facebookfacebook.com/kredigarantifonu
• LinkedInlinkedin.com/company/kgfturkiye
• Instagraminstagram.com/kgfturkiye

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KGF