IB.SH Working Capital Loan
The IB.SH Working Capital Loan from Investitionsbank Schleswig-Holstein is a specific funding instrument designed to strengthen the balance sheet structure of small and medium-sized enterprises. It enables the financing of medium- and long-term working capital needs, as well as the co-financing and refinancing of inventories and receivables, to ensure the liquidity and stability of businesses. The program is characterized by its direct allocation through the applicant's principal bank.
Who is funded?
The IB.SH Working Capital Loan supports start-ups, commercial businesses, members of liberal professions, and project companies in Schleswig-Holstein. The goal is to strengthen the balance sheet structure by financing working capital.
What is funded?
The IB.SH Working Capital Loan aims to finance medium- and long-term working capital needs, as well as the co-financing and refinancing of inventories and receivables.
Type and Scope of Funding
The IB.SH Working Capital Loan is granted as a loan. It must be at least EUR 250,000 and typically may not exceed 50 percent of the financing requirement. The term is 2 to 10 years.
Conditions and Requirements
Specific conditions apply to the IB.SH Working Capital Loan regarding collateral, own contribution, and the rule that IB.SH may not become the largest lender to a customer.
Application Procedure
The application procedure for the IB.SH Working Capital Loan is carried out via the applicant's principal bank, which submits the application to Investitionsbank Schleswig-Holstein.
Legal Basis
The basis for the IB.SH Working Capital Loan is the product information from Investitionsbank Schleswig-Holstein, dated March 2024.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
Minimum EUR 250,000; maximum 50% of financing requirement
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Schleswig-Holstein (Germany)
Sectors:
Other
Beneficiaries:
Corporate finance, business start-up & consolidation
Application Type:
Single Applicant
Funding Stages:
Market Introduction, Implementation, Commercialization
Funding Provider
Program Level:
Regional
Funding Body:
Investitionsbank Schleswig-Holstein (IB.SH)
Managed By:
Investitionsbank Schleswig-Holstein (IB.SH)
Additional Partners:
Principal Bank
Website: