L-Bank Guarantee Program – Kombi-Bürgschaft 50 Open
The L-Bank Kombi-Bürgschaft 50 is a funding program for small and medium-sized enterprises and liberal professions in Baden-Württemberg, which secures the financing of investments and working capital through a 50 percent default guarantee. It facilitates access to L-Bank promotional loans by compensating for missing bank-usual collateral and reducing the risk for the financing institutions.
Who is funded?
The L-Bank's Kombi-Bürgschaft 50 program is aimed at small and medium-sized enterprises and members of liberal professions with a registered office and projects in Baden-Württemberg. It aims to facilitate their access to promotional loans, especially when standard bank collateral is lacking. The funding is tied to securing overall financing and fulfilling tax obligations, with companies in difficulty generally excluded.
What is funded?
The Kombi-Bürgschaft 50 supports a wide range of projects within various L-Bank loan programs, including start-ups, growth, investments in energy efficiency, innovations, digitalization, and liquidity. It serves to secure promotional loans for specific investment and working capital needs, with certain projects and cost types excluded from the guarantee.
Type and Extent of Funding
L-Bank offers a default guarantee of generally 50% of the loan amount to secure promotional loans between 4 and 30 million Euros. The guarantee amount is thus between 2 and 15 million Euros per project. The term of the guarantee depends on the underlying promotional loan, with a maximum term of 15 years.
Conditions and Requirements
Applicant companies must have their registered office and project in Baden-Württemberg and meet the financial requirements for the loan. Specific EU state aid regulations apply, such as the GBER and the De minimis Regulation, which set upper limits and cumulation rules for aid. Companies in difficulty are generally excluded from funding.
Application Process
The application for the Kombi-Bürgschaft 50 is submitted together with the promotional loan to be guaranteed through the applicant's house bank, which forwards the application to L-Bank. Early application before the start of the project is crucial. L-Bank coordinates the decision on the loan and guarantee and communicates it through the house bank.
Legal Basis
The guarantee program is based on the administrative regulation of the Ministry of Economic Affairs for the assumption of state and L-Bank guarantees (VwV Bürgschaften) as well as EU state aid regulations such as the General Block Exemption Regulation (GBER) and the General De minimis Regulation. These documents lay down the legal framework and state aid requirements for granting the guarantees.
Funding Overview
Maximum Amount:
15,000,000 €
Deadline:
always open
Open Until:
30.06.2027
Award Channel:
Demand Driven Scheme
Region:
Baden-Württemberg (Germany)
Sectors:
Agriculture and Agribusiness, Food Processing, Green Technology, Information and Communication Technology, Renewable Energy, Tourism, Other
Beneficiaries:
Small and medium-sized enterprises, members of liberal professions, commercial enterprises, small and medium-sized enterprises (SMEs) and, where applicable, larger enterprises.
Funding Stages:
Market Introduction, Scaling, Product Development, Process Optimization, Implementation, Other
Funding Provider
Program Level: Regional
Funding Body: L-Bank (State Credit Bank of Baden-Württemberg)
Managed By: L-Bank
Additional Partners: House bank, Guarantee Bank of Baden-Württemberg
Website: Landeskreditbank Baden-Württemberg – Förderbank (L-Bank)