| A | B | C | D | G | H | I | L | M | N | P | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Country | Program | Program Description | Total Funding | Total Funding in USD (millions) | % of 2019 GDP | As of Date | Amount Utilized in USD (millions) | % Utilized | # of Loans / Guarantees | Source | |
2 | Australia | Coronavirus SME Guarantee Scheme | 50% guarantee on lending to SMEs | AUD 40 billion | $27,776 | 2% | 20-Jul-2020 | $1,151 | 4.14% | N/A | Treasury AU Sydney Morning Herald Article RBA Statement on Monetary Policy | |
3 | Austria | aws guarantees, OHT guarantees, and OeKB guarantees | 100% guarantee on lending to SMEs, part of the Corona Aid Package) | EUR 7.38 billion | $8,754 | 0.00% | 8-Jun-2020 | $4,098 | 46.81% | 18,239 | July 2020 COVID 19 Reporting August 2020 COVID 19 Reporting | |
4 | Denmark | Loan Guarantee Scheme | 70% guarantee on lending to SMEs | DKK 17.5 bn | $2,679 | 0.80% | 15-Jun-2020 | $77 | 2.89% | 160 | Magisterbladet Article Press release | |
5 | France | Prêt garanti par l'Etat (State Guaranteed Loans) through BpiFrance | 80% guarantee on lending to SMEs | EUR 300 bn | $352,626 | 12.60% | 8-Oct-2020 | $141,156 | 40.03% | 584,627 | State Guaranteed Loan Interactive Dashboard | |
6 | Germany | KfW-Schnellkredit 2020 | 80-90% guarantees on lending to all companies | No limit announced | No limit announced | N/A | 6-Oct-2020 | $6,078 | N/A | 16,120 | KfW press release2 | |
7 | Germany | KfW-Sonderprogramm 2020 | 100% guarantee of loans up to EUR 800,000, also guarantees on loans larger than EUR 800k | EUR 100 bn | $113,709 | 2.95% | 6-Oct-2020 | $58,297 | 51.27% | 74,759 | KfW press release1 KfW press release2 | |
8 | Ireland | COVID-19 Credit Guarantee Scheme | 80% guarantee on lending to SMEs | EUR 2 bn | $2,281 | 0.59% | 14-Jul-2020 | $171 | 7.50% | N/A | RTE Ireland Press release | |
9 | Italy | Central Guarantee Fund for SMEs | 100% guarantee up to EUR 30,000 for SMEs, with other coverage ratios for larger loans | EUR 100 bn | $113,709 | 5.68% | 7-Oct-2020 | $104,704 | 92.08% | 1,145,580 | Guarantee Fund; Decree | |
10 | Japan | Japan Federation of Guarantee Corporation (JFGC) Warranties | Total is cumulative, not just the emergency 100% guarantees | No limit announced | No limit announced | N/A | 1-Aug-2020 | $215,218 | N/A | 1,229,455 | Japan Federation of Credit Guarantee Corporations | |
11 | Japan | Japan Federation of Guarantee Corporation (JFGC) Guarantees | Total is cumulative, not just the emergency 100% guarantees | No limit announced | No limit announced | N/A | 1-Aug-2020 | $1,548,853 | N/A | 15,002,768 | Japan Federation of Credit Guarantee Corporations | |
12 | Korea | April 29 Program | Expanded guarantees to SMEs | KRW 17 tn | $14,028 | 0.87% | 30-Jul-2020 | N/A | N/A | N/A | Press release Apr 29 Press release Jun 1 | |
13 | Korea | March 19 Program | Open to all SMEs and up to 100% guarantee for smallest businesses | KRW 12 tn | $9,955 | 0.61% | 30-Jul-2020 | N/A | N/A | N/A | Press release Mar 19 | |
14 | New Zealand | Business Finance Guarantee Scheme | 80% guarantee on lending to SMEs | NZD 6.25 bn | $4,070 | 1.97% | 31-Aug-2020 | $118 | 1.94% | 834 | Business Lending Data | |
15 | Norway | Loan Guarantee Scheme | 90% guarantee on lending to SMEs | NOK 50 bn | $5,314 | 1.32% | 2-Sep-2020 | $1,154 | 21.73% | 3,632 | Press release April 3 Update Transparency in Loan Scheme | |
16 | Singapore | SME Working Capital Loan & Temporary Bridging Loan Programme (Combined) | Total is cumulative for 2 programs which both have a 90% guarantee | Part of SGD 20 bn package | $14,370 | 3.86% | 15-Jul-2020 | $6,871 | 47.81% | 10,600 | Press Release 1 Press Release 2 Budget | |
17 | Spain | Line of Guarantees 1 / Línea de Avales 1 | 80% guarantee on lending to SMEs released in tranches by government | EUR 100 bn | $113,709 | 8.16% | 30-Sep-2020 | $91,220 | 68.22% | 823,847 | Mineco Spain ICO | |
18 | Spain | Line of Guarantees 2 / Línea de Avales 2 | New credit guarantee scheme for promoting new business investment | EUR 40 bn | $45,483 | 3.26% | 30-Sep-2020 | N/A | N/A | N/A | Measures for Companies | |
19 | Switzerland | Covid-19 Credit | 100% guarantee on lending up to CHF 500,000 | Part of CHF 40 bn | $42,558 | 6.05% | 9-Sep-2020 | $15,147 | 43.30% | 135,041 | EasyGov Covid-19 Data | |
20 | Switzerland | Covid-19 Plus Credit | 85% guarantee on lending above CHF 500,000 | Part of CHF 40 bn | $42,558 | 6.05% | 9-Sep-2020 | $3,278 | 43.30% | 1,130 | EasyGov Covid-19 Data | |
21 | Switzerland | Startup Credit | 100% guarantee on lending to startups, partially guaranteed by local and federal | CHF 154 mn | $164 | 0.02% | 9-Sep-2020 | $79 | 48.09% | 245 | EasyGov Covid-19 Data | |
22 | UK | Bounce Back Loan Scheme (BBLS) | 100% guarantee on lending up to GBP 50,000 | Part of GBP 330 bn package | $414,150 | 14.64% | 20-Sep-2020 | $49,213 | N/A | 1,260,940 | HM Treasury Data | |
23 | UK | Coronavirus Business Interruption Loan Scheme (CBILS) | 80% guarantee on lending to SMEs | Part of GBP 330 bn package | $414,150 | 14.64% | 20-Sep-2020 | $19,998 | N/A | 66,585 | HM Treasury Data | |
24 | UK | Coronavirus Large Business Interruption Loan Scheme (CLBILS) | 80% guarantee on lending to mid-sized and larger businesses | Part of GBP 330 bn package | $414,150 | 14.64% | 20-Sep-2020 | $4,970 | N/A | 566 | HM Treasury Data | |
25 | UK | Future Fund | Convertible loans to startups requiring equal match from private investors | GBP 250 mn | $314 | 0.01% | 20-Sep-2020 | $932 | 144.00% | 711 | HM Treasury Data | |
26 | US | Paycheck Protection Program | Forgivable loans for SMEs to assist with payroll and other fixed expenses | USD 659 bn | $659,000 | 3.08% | 8-Aug-2020 | $525,012 | 79.67% | 5,212,128 | SBA PPP | |
27 | US | Main Street Lending Program | 95% participations in loans made by financial institutions to businesses with less than 15000 employees and $5 billion in 2019 revenue | USD 600 bn | $600,000 | 2.80% | 1-Oct-2020 | $2,195 | 0.37% | N/A | H41 Release 13(3) Reports | |
28 | Comparison | Summary Statistics | $3,415,505 | $2,799,991 | 81.98% | 25,587,967 |