North Rhine-Westphalia Guarantee Bank Guarantees

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Who is Funded: NRW Guarantee

This section describes who is eligible to apply for the NRW Guarantee, focusing on founders, small and medium-sized enterprises (SMEs), and freelancers in North Rhine-Westphalia who lack sufficient collateral for loans and guarantees. The program aims to support these groups in realizing their business ventures by mitigating their credit risk.

What is Funded

This section explains the types of projects and activities eligible for funding under the NRW Guarantee. The focus is on securing loans and guarantees for general business purposes, with certain types of financing explicitly excluded.

Type and Scope of Funding

This section describes the financial structure of the NRW Guarantee, including the type of instrument, the maximum guarantee amount and coverage ratio, and the typical duration of the guarantee.

Conditions and Requirements

This section describes the basic conditions and obligations for applicants and their house banks when applying for and managing an NRW Guarantee. This includes essential aspects such as the provision of collateral, state aid regulations, and compliance requirements.

Application Procedure

This section describes the steps for applying for the NRW Guarantee, including the submission process through a house bank and the assessment criteria used by the Bürgschaftsbank.

Legal Basis

This section outlines the basic legal framework governing the NRW Guarantee, highlighting the specific regulations that authorize its operation and shape its implementation.