Syndicated Financing Open
The syndicated financing from Thüringer Aufbaubank (TAB) supports established companies in Thuringia in financing investments and working capital. As part of banking syndicates, TAB assumes credit risks to facilitate financing. The program enables companies to strengthen their financial base and implement strategic projects.
Who is funded?
The Syndicated Financing program of Thüringer Aufbaubank (TAB) is aimed at established companies in Thuringia. It supports these companies and their house banks in financing various operational projects. The goal is to assume credit risks and strengthen the strategic development of companies.
What is funded?
Within the framework of syndicated financing, various operational projects are financed, including both investments and working capital. This includes tangible assets, intangible assets, innovation projects, and strategic company expansions in Germany.
Type and Scope of Funding
Syndicated financing offers financial support in the form of loans or guarantees. Thüringer Aufbaubank participates with up to 50 percent of the financing, with the financing amount typically ranging between EUR 250,000 and EUR 5 million. Loan terms are flexible and adapt to the needs of the consortium.
Conditions and Requirements
Specific conditions apply to the application and utilization of syndicated financing. These include creditworthiness requirements, the provision of customary bank collateral, and the structure of the consortium partnership. An important advantage is that the funding does not contain any state aid value and can therefore be combined with other promotional loans.
Application Process
The application for syndicated financing is submitted through your house bank or another credit institution of your choice and forwarded from there to Thüringer Aufbaubank. Detailed documents about the company, the project, and the collateral are required to develop individual financing solutions.
Legal Basis
Syndicated financing is regulated by the “Information Sheet on Syndicated Financing” of Thüringer Aufbaubank, which sets out the fundamental provisions for this funding program.
Funding Overview
Maximum Amount:
5,000,000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Thuringia (Germany)
Funding Stages:
Market Introduction, Scaling, Implementation, Infrastructure
Funding Provider
Program Level: Regional
Funding Body: Thüringer Aufbaubank (TAB)
Managed By: Thüringer Aufbaubank (TAB)
Website: Thüringer Aufbaubank (TAB)