Guarantees from the Saxony Guarantee Bank – Guarantee

In the Free State of Saxony, Bürgschaftsbank Sachsen provides start-ups and established small and medium-sized enterprises (SMEs) with secure access to supplementary external financing. Through default guarantees, loans are secured for the acquisition of machinery and equipment, the purchase or expansion of owner-occupied commercial real estate, as well as for business succession and active participations. In addition, inventories, working capital, and surety bonds can be guaranteed. The guarantee framework extends up to EUR 2 million with a project duration of up to 180 months, thus enabling planning security over long investment cycles. With a funding rate between 60% and 80%, existing collateral is supplemented, whereby the house bank acts as the contact point and forwards the application to the Bürgschaftsbank.

The basis for a positive decision is a viable business concept as well as proof of the best possible collateral, including personal joint liability. A prerequisite for funding is an investment project in the Free State of Saxony and SME status according to the EU definition. Start-ups and young companies up to five years old receive a guarantee of up to 80% of the loan amount within the framework of growth or investment financing, while the rate for working capital financing of established companies is usually 60%. Default guarantees can be used for eligible expenses such as machinery and equipment, commercial real estate, business succession, active participations, inventories, working capital, and surety bonds. Applications can be submitted continuously, allowing flexible response to investment needs. Bürgschaftsbank Sachsen acts as a neutral partner that reviews entrepreneurial projects with expertise and evaluates them sector-specifically to balance risks and expand financing opportunities. In this way, innovation and growth in the Saxon economy are specifically supported.