Bank refinancing for infrastructure investments

Bank refinancing for infrastructure investments offers credit institutions in Hesse an attractive opportunity to refinance public infrastructure projects at favorable interest rates. Through the loan program, WIBank provides low-interest funds with a funding rate of up to 100% of the eligible investment costs. Projects in the areas of infrastructure and urban development that serve the public interest are supported – including both measures within the state and cross-state initiatives related to Hesse. Eligible applicants are all banks and savings banks that pass on the refinancing advantage to local authorities, special-purpose associations, municipal companies, or other public service institutions. The continuous application option allows for flexible planning without fixed deadlines.

For approval, the credit institution must provide economically valuable collateral equal to the outstanding balance and ensure that the financing advantage, taking into account a reasonable house bank margin, is fully passed on to the public end users. The minimum refinancing amount is €500,000, while fixed interest periods can usually be chosen between 1 and 10 years. To apply, Application Form No. 0801 must be submitted, and for fund disbursement, the Disbursement Form No. 0802E or 0802G is required. A financing commitment with indicative conditions will be issued within 14 banking days after submission of the application. Early repayment during the fixed interest period is only possible in exceptional cases and subject to a prepayment penalty.