Guarantees from Bürgschaftsbank Nordrhein-Westfalen – ExpressBürgschaft
The ExpressBürgschaft NRW is a fast-track procedure of Bürgschaftsbank Nordrhein-Westfalen for securing loans. It is aimed at SMEs, start-ups, and freelancers in NRW to facilitate quick and uncomplicated financing for investments, working capital, and guarantee facilities. A notable feature is the rapid processing of applications within 5 working days.
Who is funded
The ExpressBürgschaft NRW is aimed at small and medium-sized enterprises (SMEs), start-ups, and members of liberal professions in North Rhine-Westphalia. The program aims to replace or supplement missing or insufficient loan collateral to enable the financing of entrepreneurial projects.
What is funded
The ExpressBürgschaft NRW supports a wide range of entrepreneurial projects that serve to secure loans. This includes both long-term investments and the financing of ongoing operations.
Type and Scope of Financing
The ExpressBürgschaft NRW is a guarantee against default with a maximum amount of 250,000 euros, which can cover up to 80 percent of the loan amount. The terms of the secured financing are flexible, with real estate loans allowing for longer periods.
Conditions and Requirements
Specific conditions apply to the ExpressBürgschaft NRW regarding application requirements, cooperation with the house bank, and transparency obligations towards the Bürgschaftsbank. The funding is subject to EU state aid regulations.
Application Procedure
The application procedure for the ExpressBürgschaft NRW is digitized and carried out via the house bank. Bürgschaftsbank Nordrhein-Westfalen aims for a very fast decision-making process within five working days.
Legal Basis
The ExpressBürgschaft NRW is based on the General Guarantee Terms for Loans (ABB-Kredit) of the German Bürgschaftsbanken and is designed to ensure SME promotion in compliance with European state aid regulations.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Open
Maximum Amount:
250,000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
North Rhine-Westphalia (Germany)
Beneficiaries:
Corporate Financing, Start-up & Consolidation, SME Promotion
Application Type:
Single Applicant
Funding Stages:
Implementation, Scaling, Infrastructure
Funding Provider
Program Level:
Regional
Funding Body:
Bürgschaftsbank Nordrhein-Westfalen GmbH, Federal Government, State of North Rhine-Westphalia
Managed By:
Bürgschaftsbank Nordrhein-Westfalen GmbH
Website: