Guarantee Without Bank (BoB)

The Guarantee Without Bank (BoB) targets small and medium-sized enterprises (SMEs) and start-ups in Brandenburg who are planning investments. It replaces or supplements missing loan collateral and aims to improve the chances of success in loan negotiations with house banks.

This funding program supports investments by SMEs and start-ups in Brandenburg through default guarantees. Principal claims and certain external costs are guaranteed, while restructuring loans and loan redemptions are explicitly excluded.

Funding is provided in the form of a default guarantee, which can cover up to 80 percent of the loan amount. The maximum loan amount for which a guarantee is granted is limited to EUR 400,000.

Certain conditions and obligations must be met to use the Guarantee Without Bank (BoB). These include the provision of reasonable collateral by the borrower, compliance with European state aid rules, and detailed due diligence and information obligations of the house bank.

The application for the Guarantee Without Bank (BoB) must be submitted directly to Bürgschaftsbank Brandenburg GmbH. The project will be reviewed in cooperation with business advisors from the competent Chambers to assess eligibility and prospects of success.

The Guarantee Without Bank (BoB) is based on the General Guarantee Conditions for Loans (ABB) of the German Bürgschaftsbanken. These provisions regulate the scope of the default guarantee as well as the rights and obligations of all involved parties and ensure compatibility with European legal requirements.