Guarantees from the Guarantee Bank Schleswig-Holstein – Classic Guarantee

The Classic Guarantee from Bürgschaftsbank Schleswig-Holstein offers small and medium-sized enterprises as well as start-ups in Schleswig-Holstein reliable security for economically viable projects. As a guarantee, the bank assumes default guarantees of up to 80% of the loan or guarantee amount and up to a maximum of €2 million per borrower unit. Applications are submitted easily and digitally via the house bank, which submits all customary banking documents. This reduces the default risk for the lending institutions to up to 20%, often resulting in improved conditions for the borrowers. There is no deadline for submitting applications; the program runs continuously.

Almost all reasonable financing purposes are supported, such as investments in working capital, digitization and sustainability projects, business takeovers, or start-ups. Order and inventory financing as well as liquidity bridging and construction projects are also eligible. Requirements include a business location or branch in Schleswig-Holstein, compliance with the EU SME criteria, and the economic viability of the project; restructuring loans are excluded. The program is aimed at commercial enterprises of all sectors, members of liberal professions, as well as successors and founders. With the Classic Guarantee, Bürgschaftsbank Schleswig-Holstein strengthens the regional economy by enabling especially credit-weak companies and start-ups better access to financing.