Guarantee Without Bank

The program "Guarantee without Bank" enables small and medium-sized enterprises (SMEs), as well as start-ups and members of the liberal professions in North Rhine-Westphalia, to gain direct access to a default guarantee without the detour via a house bank. The funding target includes investments in business and operational expansions, relocations, warranties, and working capital financing, as well as start-ups. A guarantee of up to 80% of the loan amount, but a maximum of €250,000, is assumed. Through the preliminary creditworthiness assessment, investors can gain certainty of action even before initial bank discussions and realize investment projects more quickly.

Applications can be submitted continuously and may be made to the Bürgschaftsbank Nordrhein-Westfalen before the start of the project. The term of the guarantee corresponds to the loan term and is usually up to 180 months. Requirements include proof of orderly economic conditions, a viable concept with positive future prospects, and the exclusion of restructuring loans. With this guarantee solution, founders and entrepreneurs gain additional security in financing their projects and can open up new business areas or further expand existing structures to remain competitive in the long term.