KfW Promotional Loan for Large Mid-Sized Businesses with Exemption from Liability
The KfW Promotional Loan for Large Mid-Sized Businesses with Exemption from Liability supports larger mid-sized companies, sole proprietors, and freelancers in financing investments, working capital, inventories, and business successions. A key feature of this program is the 50 percent liability exemption for intermediary banks and savings banks, which aims to facilitate access to loans of up to 25 million euros per project. Applications are submitted through the borrower's house bank.
Who is Funded
The "KfW Promotional Loan for Large Mid-Sized Businesses with Exemption from Liability" program targets larger mid-sized companies, sole proprietors, and freelancers both domestically and internationally. Its goal is to provide them with low-interest financing for investments, working capital, inventories, as well as business successions and participations. The funding is available nationwide in Germany but is also open for projects abroad, with specific conditions applying to locations outside the EU and OECD high-income countries.
What is Funded
The program supports a wide range of measures, including both long-term investments and short-term working capital needs. This includes the acquisition of plants and machinery, real estate, intangible investments, as well as the financing of ongoing costs and corporate participations. However, certain projects such as debt restructuring or pure financial investments are excluded.
Type and Scope of Financing
Funding is provided as a loan with various maturities and fixed interest periods, depending on the purpose. The scope of financing can amount to up to 25 million euros per project, with working capital loans limited to 7.5 million euros and additional restrictions potentially applying based on the balance sheet total. KfW offers a 50 percent liability exemption for the intermediary financing partners.
Conditions and Requirements
Specific legal and financial conditions apply to applicants, ranging from sufficient company history to compatibility with environmental and social standards. Special regulations concern loan disbursement, repayment terms, and compliance with subsidy regulations. Combination with other funding programs is possible under certain conditions.
Application Procedure
The application for the KfW promotional loan is submitted through a house bank, which forwards it to KfW. KfW's credit assessment can be accelerated if certain criteria are met. Specific documents are required for the application.
Legal Basis
The legitimacy of the KfW Promotional Loan for Large Mid-Sized Businesses with Exemption from Liability is based on KfW's specific information sheet. Furthermore, general legal provisions, particularly regarding subsidies and company definitions, are relevant. The official texts and conditions can be viewed through various KfW publications and online resources.
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Funding Overview
Funding Status:
Open
Maximum Amount:
25,000,000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Indirect Management Funding
Region:
Germany, worldwide (with restrictions for non-EU/OECD high-income countries)
Sectors:
Other
Application Type:
Single Applicant
Funding Stages:
Product Development, Commercialization, Implementation, Scaling, Infrastructure, Process Optimization
Funding Provider
Program Level:
National
Funding Body:
KfW Banking Group
Managed By:
KfW Banking Group
Website: