Different types of public guarantee programs exist to support different types of investment projects within Germany. The guarantee program depends on the required amount, the size of the enterprise, and the investment region. Generally speaking, public guarantees are accessible for financing of an investment project or for working capital loans.
The maturity is generally 15 years, or eight years for working capital loans. Commitments vouched for within public guarantees are normally subject to intensive individual examination by external assessors. Guarantee fees are paid annually. The fee paid is a percentage of the actual guaranteed amount at the beginning of the year concerned. This is fixed over the whole duration of the loan.
Guarantee programs are avaiable via a federal state's guarantee banks, via the individual state government or via the individual state government together with the federal government.You can find this fragment in the following contexts: