Hamburg Credit Growth
Interest-subsidized loan for long-term investments and working capital financing in Hamburg. Up to €750,000 per project, terms between 5 and 20 years. Applications accepted continuously 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
Promotion of investments and working capital financing for small and medium-sized enterprises, members of the liberal professions, as well as natural persons engaged in commercial real estate rental or leasing businesses in Hamburg.
Eligible expenses
- Acquisition of land and buildings
- Construction measures
- Purchase of machinery, equipment, vehicles, and furnishings
- Intangible assets related to technology transfer
- Acquisition of assets from other companies
- Show more
Non-eligible expenses
- Cases of restructuring and companies in difficulty
- Debt restructuring and refinancing of already started or completed projects
- Follow-up financing and extensions
Eligible to apply
- Companies
Funding requirements
- Registered office or place of business in Hamburg
- SMEs, members of the liberal professions, or commercial property landlords
- Active in the market for at least 5 years
- Standard bank collateral for the loan
Description
The Hamburg Investment and Development Bank (IFB Hamburg) offers the Hamburg Growth Loan, an interest-subsidized loan to strengthen long-term investments and working capital financing in the Hanseatic City. At the same time, an attractive financing instrument is provided for small and medium-sized enterprises (SMEs), members of the liberal professions, as well as natural persons engaged in commercial property leasing and renting. The start of funding and the term can be flexibly arranged between five and twenty years, with loan amounts of up to €750,000 per project (or up to €1.5 million within three years for a single borrower entity) possible. The conditions are based on ERP promotional loans for SMEs and are further subsidized by municipal funds. A prerequisite for approval is a business location or branch in Hamburg, at least five years of market experience, and customary bank collateral for the loan amount.
Eligible investments include land and buildings, construction measures, machinery, equipment, vehicles, and furnishings, as well as intangible assets within the scope of technology transfers. Additionally, acquisition transactions from other companies, trade fair and exhibition participation, external consulting services, and working capital including inventory are considered. Excluded are restructuring cases, companies in financial difficulties, refinancing of already completed projects, and follow-up financing. Applications are submitted continuously through a house bank and digitally forwarded to IFB Hamburg. By covering one hundred percent of eligible costs, this program supports sustainable growth and contributes to strengthening the local economic strength.