Federal guarantee
The Federal Republic of Germany grants federal guarantees within the framework of financial subsidies to secure economically eligible and economically justifiable projects in the new federal states . These are public guarantees from the federal government with the integration of parallel state guarantees.
In this guarantee program, the federal government and the respective federal state assume a default guarantee of up to 80 percent to secure new loans to be granted.
The prerequisite is that the usual bank loan collateral is not available to the required extent and the projects to be financed with the loans are economically viable and economically viable. In addition, state aid requirements of the European Commission must be observed.
Are guaranteed investment and working capital loans including guarantees . The guarantees are only given for projects that are not covered by state guarantees or guarantees from the guarantee banks.
The mandate of this program is PricewaterhouseCoopers (PwC).