Guarantees from the Thuringia Guarantee Bank – BBT guw
Default guarantees up to 80% to secure start-up and growth financing (GuW) Thuringia for founders and SMEs in Thuringia. Guarantee amount up to €1.25 million.
Discover your potential with AI support
- Find out if this grant matches your project
- Develop your application together with AI
- Get matched with many more suitable grants
Grant criteria
Funding objective
Securing loans from the Thuringia Start-up and Growth Financing (GuW) funding program for business start-ups, business takeovers, investments in fixed assets, inventory, operating resources, and intangible assets.
Eligible expenses
- Investments in fixed assets
- Acquisition or replenishment of inventory stocks
- Operating resources
- Intangible assets (e.g., licenses, patents)
Non-eligible expenses
- Debt restructuring/repayment of loans
- Renovation projects
- Bullet loans
Eligible to apply
- Founders
- Companies
Funding requirements
- Company location must be in Thuringia
- Company must be an SME according to the EU definition
- No use for debt restructuring or reorganization
Documents required for application
- Application
- Complete documents
- SEPA direct debit mandate
- SCHUFA clause
- De-minimis declaration
- Declaration on small aid
- General guarantee conditions (credit)
- General guarantee conditions (leasing)
- Self-disclosure
- Profitability forecast
- Liquidity plan
- Information form on data collection
- Form for guarantee pre-application
Evaluation criteria
- Creditworthiness and viability of the project
- Quality of collateral
- Compliance with funding conditions
Description
As a central instrument to strengthen start-ups and small to medium-sized enterprises in Thuringia, the Bürgschaftsbank Thüringen offers a default guarantee within the framework of start-up and growth financing (GuW) to secure house bank loans. With a guarantee share of up to 80 % of the loan amount and a maximum guarantee amount of €1,250,000, investments in fixed assets, inventory, working capital, as well as intangible assets (e.g., licenses or patents) are secured. The aim of this funding product is to facilitate start-ups, business takeovers, and growth phases by providing additional security for the house bank, thereby improving access to low-interest financing.
Eligible for funding are individuals interested in founding a business, already established SMEs, and members of the liberal professions with headquarters or investment locations in Thuringia. Important prerequisites include the company’s location in Thuringia, classification as an SME according to the EU definition, and the exclusion of refinancing or restructuring projects. Assessment is based on creditworthiness, viability of the project, quality of collateral, and compliance with funding conditions. Submissions can be made at any time via the house bank or the Thüringer Aufbaubank, as there are no fixed deadlines. Applications are reviewed with complete documentation such as the application form, liquidity and profitability plans, and self-disclosure to promptly reach a decision and secure the investment.
Ready to secure your funding?
Register now and let our AI guide you through the application process – from eligibility check to finished application.