Korea Technology Finance Corporation (KOTEC)

Information

The Korea Technology Finance Corporation (KOTEC), established on April 1, 1989, is a quasi-governmental institution created under the Korea Technology Finance Corporation Act. It aims to establish and develop the technology guarantee system, ensuring smooth funding for new technology businesses, promoting balanced regional development and balanced national economic growth Additionally, it plays a role in guaranteeing the debts of companies with limited collateral capacities, thus facilitating the flow of funds for these businesses.