Counterguarantees of the Federal Government and the States

The nationwide initiative for counter-guarantees by the federal government and the states is aimed at start-ups as well as small and medium-sized enterprises (SMEs) in the commercial sector and horticulture, whose viable financing concept only inadequately covers bank-standard collateral. Within the framework of a three-tier guarantee system, guarantee banks provide up to EUR 2 million for investment and working capital loans. Additional guarantee requirements are covered by the state development banks. In structurally weak funding areas, large guarantees starting at EUR 20 million total guarantee are supported. The guarantees of the banks are structured with a 20% own risk share by the house bank and are secured by the federal government and the states up to 80%. For the guarantee declaration, a economically viable concept, ecological and social eligibility for funding, lack of alternative financing options, as well as compliance with EU state aid law must be demonstrated.

Applications can be submitted continuously until 31 December 2027. Eligible expenses include investment and working capital loans, while restructuring and refinancing loans are excluded. The funding rate amounts to up to 80% of the default risk. Essential review and application documents include the application form of the responsible guarantee bank, a project description with proof of use, as well as a SCHUFA credit report or another creditworthiness certificate. The close cooperation between the house bank, guarantee bank, and federal and state authorities ensures a prompt risk assessment and contributes to improving loan conditions and sustainably strengthening the competitiveness of SMEs.