ERP Bremen Promotional Loan for SMEs with Liability Exemption (ERP-BFKH SMEs)

The ERP Bremen Promotional Loan for SMEs with Liability Exemption offers small and medium-sized enterprises (SMEs), freelancers, natural persons, as well as start-ups with at least three years of market presence or two meaningful annual financial statements an attractive financing solution in Bremen. As a loan with a maximum term for medium- and long-term capital provision, this program supports investments of up to EUR 5 million per project. Through a liability exemption of 50%, the Bremen Development Bank reduces the risk for the financing credit institutions, thereby facilitating access to the necessary funds for the acquisition of land and buildings, construction measures, the purchase of machinery and equipment, the expansion of material or goods inventories, as well as the provision of operating resources.

A prerequisite for approval is that the investment is carried out in the state of Bremen and that the project achieves long-term economic success. Eligible SMEs according to the EU definition, freelancers, natural persons, and established start-ups submit the application via their house bank before the start of the measures. The 50% liability exemption reduces the default risk for the financing bank, while the Bremen Development Bank assumes up to EUR 2.5 million per project. Through the continuous funding opportunity, applicants can respond flexibly and precisely to growth opportunities and reliably realize their entrepreneurial projects.