New subsidized loan offer for start-ups and succession

From November 1, 2024, KfW and German Guarantee Banks will offer the ERP promotional loan for start-ups and succession.

This article is part of the special feature GründerNavi – for founders and young companies

The funding program provides 100% risk relief for banks and savings banks , making it a new and attractive option for start-ups, business successions, and consolidation projects . Local banks are fully protected from loan default risk by a 100% guarantee from the guarantee bank . The Federal Ministry of Finance and the Federal Ministry for Economic Affairs and Climate Action provide an 80% counter-guarantee for this purpose . KfW offers refinancing with two loan terms and reduces the interest rate using funds from the ERP Special Fund. Borrowers can choose between a 10-year or 15-year term, thus benefiting from lower interest rates.

 I agree to display all external content and to change my cookie settings to 'Allow all cookies'. Learn more in our Privacy Policy.Change cookie settings

You might also be interested in:

Craft policy

Brandenburg: Action program to strengthen the skilled trades

Operations management

Efficiency House 55-Plus: Federal funding runs longer

The Chambers of Skilled Crafts in Germany - HWK Koblenz

Successor beach: Handover well planned

All details about the funding program, helpful calculation tools and explanatory videos for banks and borrowers can be found at kapital.ermoeglicher.de.

DHB now also available digitally! Simply click here and register for the digital German Crafts Journal (DHB)!