Guarantees from Bürgschaftsbank Mecklenburg-Vorpommern – BMV premium Open
The "BMV premium" program by Bürgschaftsbank Mecklenburg-Vorpommern supports creditworthy small and medium-sized enterprises (SMEs) and freelancers based in Mecklenburg-Vorpommern. It replaces missing or insufficient loan collateral for financing investments, inventories, working capital, and guarantees. The guarantees significantly contribute to strengthening competitiveness and promoting small and medium-sized businesses by securing up to 2 million EUR.
Who is Funded?
The "BMV premium" guarantee program is aimed at creditworthy small and medium-sized enterprises (SMEs) and freelancers who have their investment location in Mecklenburg-Vorpommern. It serves to support projects aimed at increasing or securing competitiveness by replacing or supplementing missing or insufficient loan collateral.
What is Funded?
The "BMV premium" program covers a variety of financing needs for companies and freelancers, including investments, the acquisition of inventories, working capital, and guarantees. However, restructuring or rescheduling loans are excluded, unless it involves the replacement of unguaranteed loans for certain business-appropriate financing.
Type and Scope of Funding
The "BMV premium" program offers default and maximum amount guarantees for loan security, which can cover up to 80 percent of the individual loan amount. The guarantee amount ranges between 500,000 EUR and 2 million EUR. The calculation of processing fees and guarantee commissions is carried out according to the currently valid price and conditions list.
Conditions and Requirements
For the "BMV premium" program, specific conditions apply regarding application, collateral to be provided, compliance with state aid regulations, and comprehensive information and audit obligations for borrowers and house banks. These are detailed in the General Loan Guarantee Terms (ABB-Kredit).
Application Procedure
The application for a guarantee from the "BMV premium" program must be submitted to Bürgschaftsbank Mecklenburg-Vorporemen through the applicant's house bank. Online application is also possible. The house bank plays a central role in the application review and forwarding process.
Legal Basis
The legal basis for the "BMV premium" guarantee program is formed by the General Loan Guarantee Terms (ABB-Kredit) of the German guarantee banks, which have been in effect since October 1, 2023. These terms regulate the scope, conditions, and obligations of the parties involved in providing the guarantee.
Funding Overview
Maximum Amount:
2,000,000 EUR
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Mecklenburg-Vorpommern (Germany)
Sectors:
Other
Funding Stages:
Implementation, Commercialization, Process Optimization
Funding Provider
Program Level: Regional
Funding Body: Bürgschaftsbank Mecklenburg-Vorpommern GmbH
Managed By: Bürgschaftsbank Mecklenburg-Vorpommern GmbH
Additional Partners: Federal and State Governments