Municipal Loan

The municipal loan from the Thuringian Development Bank (TAB) is aimed at municipalities, districts, special-purpose associations, as well as municipally affiliated companies with 100 percent municipal collateral. Public institutions in Thuringia can submit applications at any time to realize new investments in municipal infrastructure as well as social, cultural, and educational facilities. The loan also enables the refinancing of existing financing and thus contributes to optimizing the financing structure. Interest rates are based on current capital market conditions and can be granted either as fixed-rate loans with up to 20 years of fixed interest or on a variable basis (EURIBOR). Repayment and payment modalities are flexible and can be individually agreed upon.

To apply, an informal request for an offer and the regulations of the Agricultural Rentenbank must be submitted as a basis. The flexible loan structure is created in cooperation with supra-regional funding partners such as the KfW Banking Group and the Agricultural Rentenbank. The goal is to support municipal entities in implementing forward-looking infrastructure and urban renewal projects. Due to the 100 percent municipal collateral, the conditions remain long-term predictable and transparent. As the development bank of the Free State of Thuringia, TAB thus sustainably supports urban development and the improvement of quality of life on site.