Guarantees of the State of Mecklenburg-Western Pomerania

The Mecklenburg-Vorpommern State Guarantee Program offers financial support to companies with headquarters or operational sites in the state by providing state-backed default guarantees for investment, working capital, and succession financing. The guarantee rate can be up to 80% of the requested loan amount and is aligned with the term of the underlying loan. A prerequisite is that other collateral options are not sufficiently available and that the project demonstrates economic viability. Eligible applicants include SMEs as well as large enterprises in the commercial sector that cannot provide other adequate collateral and are not considered to be in difficulty according to EU guidelines. The program aims to strengthen investment capacity and employment in Mecklenburg-Vorpommern and to secure business successions.

Applications can be submitted at any time before the start of financing through the prospective lender, who submits the guarantee application together with the required documents. These include, among others, the financial statements of the last three fiscal years, a detailed business plan with financing projections, a current commercial register excerpt, and articles of association. The evaluation process considers compliance with state aid regulations, the viability of the business model, the eligibility of the project for funding, and appropriate risk participation by both borrower and lender. An early preliminary review also enables a quick assessment of funding eligibility prior to the conclusion of loan negotiations. This offering provides companies with additional security when raising financing and enables them to implement their projects sustainably.