ILB Consortium Financing for SMEs

The ILB Consortium Financing for SMEs is an open-ended loan program of the Investment Bank of the State of Brandenburg (ILB) for partial co-financing of growth investments and working capital. Medium-sized and, in individual cases, also large commercial enterprises with headquarters or investment projects in Brandenburg receive loans through their house bank ranging from €1 million to €20 million, with the ILB’s share amounting to a maximum of 50% of the total financing volume. Alternatively, the ILB can provide an open risk participation of the same amount via a guarantee. With terms of up to 120 months and market-standard, risk-adjusted interest rates, the program supports the creation and safeguarding of future-proof jobs and contributes to the stability of the regional economy.

To apply, companies must have been active in the market for at least three years and be rated at least BB- (Standard & Poor’s) by their house bank. A positive creditworthiness and risk analysis by both lending partners as well as the provision of equivalent customary bank securities are prerequisites for approval. Eligible expenses include investments of any kind, working capital including guarantee lines, as well as interim financing of existing funded projects. The informal application is submitted via the house bank, which provides all required documents – credit analysis, current rating, and proof of project relevance to Brandenburg. This enables companies to realize tailored and long-term financing that can ideally be combined with other public funding instruments.