Re-use of Fund Resources from the ERDF Subordinated Loan Fund Saarland I after the 2014–2020 Funding Period

The ERDF Subordinated Loan Saarland I is aimed at small and medium-sized enterprises (SMEs), freelancers, start-ups, and successor companies based in Saarland. The funding aims to strengthen their economic equity base and improve creditworthiness, especially for those with difficult access to external capital or insufficient equity.

The program funds investments and working capital that serve the development, expansion of business operations, or strengthening of equity. Various cost categories are considered, while certain expenses are explicitly excluded. Support applies to projects in different development phases, from business start-up to market entry.

The program offers long-term subordinated loans within a defined range, which contribute to strengthening equity. The disbursement is made in full, and the interest rate is calculated in such a way that no aid arises.

Specific conditions must be met for applying for a subordinated loan, including a viable business concept and secured overall financing. Clear rules apply to project implementation and the use of funds. The funding is aid-free and subject to detailed audit rights of the involved institutions.

The application for the ERDF Subordinated Loan Saarland I must be submitted in writing to Saarländische Investitionskreditbank (SIKB) before the project begins. Project selection is discretionary, taking into account not only creditworthiness but also positive impacts on cross-cutting objectives such as climate protection.

The ERDF Subordinated Loan Saarland I is based on a special funding guideline for the re-use of fund resources. It is subject to specific EU regulations as well as national and state laws, with EU provisions taking precedence.