OeHT Guarantees for ERP Tourism Loans and House Bank Financing

The OeHT guarantees for ERP tourism loans and house bank financing offer small and medium-sized enterprises (SMEs) in the tourism and leisure industry throughout Austria reliable security for investments, business start-ups, takeovers, as well as financial restructurings. Through default guarantees of up to 80% of the newly raised external capital – with guarantee amounts between EUR 100,000 and EUR 4,000,000 – the Austrian Hotel and Tourism Bank (OeHT) enables capital procurement under challenging market conditions. With a term of up to 240 months, this basic product facilitates the realization of sustainable projects and promotes the growth of the industry through federally subsidized interest rates as well as complementary measures such as Equity Growth and business stabilization.

Eligible for funding are SMEs in the tourism and leisure industry based in Austria, who are members or willing to join the Federal Division for Tourism and Leisure Industry of the Austrian Federal Economic Chamber. A prerequisite is proven creditworthiness, competitiveness, and the absence of financial difficulties in accordance with Article 2 No. 18 of Regulation (EU) 651/2014. Additionally, applicants require a valid lease agreement if a lessee/operator model applies. Applications can be submitted at any time and must include the completed application form, a financing plan, and proof of WKO membership. Through continuous funding opportunities and comprehensive support from the OeHT, entrepreneurs and their banking partners are encouraged to realize tourism projects and stabilize them in the long term.