Guarantee; application for assumption

Sufficient bank collateral is generally required to take out bank loans. SMEs in particular often do not have such collateral available, making it difficult for them to cover their capital requirements. Guarantees are intended to make borrowing possible.

If the Bürgschaftsbank Bayern is not responsible (for the retail, trade, hotel and catering and gardening/landscaping sectors up to a certain maximum amount), the LfA Förderbank Bayern provides guarantees to credit institutions and insurance companies (house bank principle) for loans to companies that cannot otherwise be granted or cannot be granted under the intended conditions due to a lack of required bank collateral.

You can apply for a guarantee at a credit institution of your choice (house bank).

Further information, including the required documents and forms, can be obtained from the LfA Förderbank Bayern and the Bürgschaftsbank Bayern.

Natural persons who wish to set up a viable full-time or part-time business, small and medium-sized commercial enterprises, members of the liberal professions and production and sales cooperatives in Bavaria are eligible for support.

The following are essentially guaranteed

• Loans to finance investments,
• Loans to finance the takeover of an existing business
• in special cases also working capital loans, especially in connection with investments,
• Guarantee loans, in particular for necessary collateral in connection with the takeover and processing of orders,
• Loans for consolidation measures with the exception of the rescheduling of existing bank liabilities.