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Korea Credit Guarantee Fund (KODIT), based in Daegu, Republic of Korea, provides credit guarantees to small and medium-sized enterprises (SMEs) lacking collateral, enhancing their access to finance and fostering balanced economic development. The organization offers a range of services including general credit guarantees, Primary Collateralized Bond Obligation (P-CBO) guarantees, and accounts receivable insurance to mitigate business risks. KODIT manages a capital fund of USD 8.4 billion and an outstanding guarantee portfolio of USD 54.1 billion, serving over 508,600 companies. Its operations have previously involved 2,704 employees and supported 223,000 beneficiaries, with Non-executive Directors KIM Seong-hyeon and HWANG Seong-hyeok contributing to its governance. Established in June 1976 by the Korean government, no specific individual founders are known.
Key people at Korea Credit Guarantee Fund.
It operates as a public financial institution and is classified as a government office, established in 1976.
KODIT contributes by supporting companies that have achieved notable exits, such as Fescaro, VIRNECT, and Dot Mill, indicating its role in facilitating successful business outcomes.
It operates as a public financial institution and is classified as a government office, established in 1976.
KODIT contributes by supporting companies that have achieved notable exits, such as Fescaro, VIRNECT, and Dot Mill, indicating its role in facilitating successful business outcomes.
Key people at Korea Credit Guarantee Fund.
Korea Credit Guarantee Fund (KODIT) is a public financial institution established in 1976 with the core mission of supporting small and medium-sized enterprises (SMEs). Operating from its headquarters in Daegu, Republic of Korea, KODIT functions within the financial services industry, providing essential credit guarantee services. These services are designed to help SMEs secure financing by guaranteeing their repayment obligations, thereby mitigating risk for lenders and enabling businesses to access necessary capital for growth and operations.
The institution's role extends to fostering a robust economic environment by ensuring that viable SMEs have avenues for financial support. KODIT's operational scope includes facilitating the financial health and expansion of these enterprises, which in turn contributes to broader economic stability. The organization maintains a significant workforce, employing between 1,001 and 5,000 individuals, which supports its extensive service delivery across the Republic of Korea.
KODIT's engagement in the venture ecosystem is evidenced by its involvement with companies that have achieved notable exits. These include Fescaro, VIRNECT, and Dot Mill. Such outcomes highlight KODIT's function not only in providing initial financial security but also in contributing to the long-term success and liquidity events of the businesses it supports.
As a government office and public financial institution, KODIT's activities are integral to the national strategy for SME development. Its continuous provision of credit guarantees helps to bridge funding gaps that might otherwise hinder the progress of smaller businesses, reinforcing their capacity for innovation and market participation.
Korea Credit Guarantee Fund has 11 tracked investments across 11 companies. The latest tracked deal is $3.4M Seed in Frefins in February 2026.
