Specific Features of the Process of Investment Lending Under State Guarantees

The article specifies and considers six main stages of the process of provision of state guarantees with respect to payback of investment credits. It analyses dynamics of budget funds spent on performance of state guarantee obligations. It conducts comparative analysis of volumes of budget funds spent on coverage of guarantee obligations and volumes of main forms of state investment lending in Ukraine. It generalises measures of securing payback of a credit issued under state guarantees. It offers main directions of securing payback of investment credits issued under state guarantees.