ILB Consortium Financing for SMEs

The ILB Consortium Financing for SMEs is aimed at established medium-sized and large commercial enterprises with a connection to Brandenburg, Berlin, or Saxon Lusatia. The program aims to promote the stability of the SME economy and to preserve and create jobs.

The program “ILB Consortium Financing for SMEs” supports a wide range of operational financing needs, including investments of all kinds and working capital. Refinancing of existing or follow-up financing is also possible under certain circumstances, provided there is a direct link to the ILB's funding objectives. No specific sectors are excluded, as long as they are commercial enterprises.

The ILB Consortium Financing for SMEs offers loans ranging from €1 million to €10 million, depending on the company's creditworthiness. The ILB participates with a maximum of 50 percent of the house bank's total financing amount or secures it with a guarantee. The term is up to 10 years, with flexible interest rates that are based on those of the house bank.

Specific conditions regarding company founding, creditworthiness, and collateral apply to the “ILB Consortium Financing for SMEs”. Collaboration with a house bank is essential, as they submit the application and primarily assess creditworthiness. The funding can be combined with other public funding products.

The application for the ILB Consortium Financing for SMEs is submitted informally through the house bank to the Investment Bank of the State of Brandenburg (ILB). The house bank is responsible for the preliminary creditworthiness check and providing the necessary documents.

The ILB Consortium Financing for SMEs is based on a short information sheet from the ILB dated June 2022. This document defines the funding objectives and conditions, especially the support for medium-sized and large commercial enterprises to secure and create jobs in Brandenburg.