Guarantee Program of L-Bank – General Guarantee
L-Bank assumes up to 50% default guarantees to secure investment, operational, and surety financing for medium-sized companies and liberal professions in Baden-Württemberg. Guarantee amounts range from €2 million to €15 million; applications can be submitted at any time through the house bank.
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
Support for the financing of investments (expansion, modernization, innovation, digitalization, transformation, relocation), start-ups and business takeovers, as well as working capital and guarantee financing through the assumption of a guarantee to reduce risk for the financing bank.
Eligible expenses
- Investment financing
- Start-up or business takeovers
- Working capital financing
- Guarantee financing
Non-eligible expenses
- Investments for rental to third parties
- Subsequent guarantee of already granted loans
- Companies in difficulty within the meaning of the EU definition
Eligible to apply
- Founders
- Companies
Funding requirements
- Registered office or place of business in Baden-Württemberg
- Project of economic interest for Baden-Württemberg
- Medium-sized enterprise or members of the liberal professions
- Companies must not be in difficulty
- No investments for rental to third parties
Documents required for application
- Company exposé
- Business plan / business concept
- Shareholders' agreement and commercial register excerpt
- Cost breakdown
- Financing structure
- Schedule
- Last two annual financial statements
- Current reporting (e.g. BWA)
- General bank reference
- Sales and earnings forecast
- Transaction description
- Liquidity planning
- Internal credit decision of the house bank
- Qualified debt service calculation
- De minimis declaration
Description
The guarantee program of L-Bank for general guarantees supports medium-sized enterprises and members of the liberal professions in Baden-Württemberg in securing investment, operational, and surety financing. L-Bank assumes up to 50% of the default risk, with guarantee amounts per project ranging between €2 million and €15 million. This provides applicants with additional security when their own collateral is insufficient for bank loans. Funding is provided, among other things, for the expansion and modernization of business premises, digitization projects, innovation initiatives, as well as start-ups and business successions. The term of the guarantee corresponds to the loan term and can be up to 15 years.
Eligible for funding are small and medium-sized enterprises in the commercial sector as well as liberal professions with headquarters or business premises in Baden-Württemberg. The implementation of the project must be economically significant for the state. Excluded are investments for leasing to third parties, subsequent guarantees for already granted loans, and companies in difficulty according to the EU definition. Applications can be submitted at any time through the applicant’s house bank, which forwards the application along with the required documents (business plan, annual financial statements, liquidity planning, internal credit decision of the house bank, de minimis declaration, etc.) to L-Bank. The program dispenses with rigid deadlines, thus enabling flexible support for start-up, growth, and transformation processes in medium-sized enterprises. With this instrument, L-Bank aims to improve loan conditions, facilitate access to financing, and sustainably promote economic development in Baden-Württemberg.
Ready to secure your funding?
Register now and let our AI guide you through the application process – from eligibility check to finished application.