Assumption of guarantees, warranties, and other sureties in the field of commercial business

The funding program for the assumption of guarantees, warranties, and other sureties is aimed at small and medium-sized commercial enterprises (SMEs) in Saarland that require additional collateral for investment and working capital loans. In cases where conventional securities are not available to the required extent and coverage by Bürgschaftsbank Saarland GmbH is not possible, guarantees of up to 80% for investment loans and up to 60% for working capital loans can be granted. The maximum term is 180 months, with processing, including application submission, carried out through the respective house bank. The financing guarantee is structured as a default guarantee, for which an appropriate fee is payable. Only companies that are creditworthy and credit-capable and for which full repayment of the guaranteed loan under normal economic conditions is expected are eligible for funding. Non-profit organizations as well as enterprises with a public capital or voting rights share exceeding 24.9% are excluded.

The program is launched by the Ministry of Economy, Innovation, Digitalization, and Energy of Saarland to strengthen the competitiveness of regional companies and to promote investments in innovation, digitalization, and sustainable technologies. Applications can be submitted continuously, enabling flexible planning and implementation of investment projects. Additionally, potential managing directors or stakeholders who wish to assume leadership roles with the help of guaranteed loans benefit from the program. Processing is carried out in cooperation with experts from PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, who act as case handlers and facilitate professional exchange between financing applicants, house banks, and the funding provider. Thus, the program represents an important component for the long-term strengthening of the Saarland economy.