Saarland Investment Credit Bank Risk Partnerships Open
The SIKB Partner Program of Saarländische Investitionskreditbank (SIKB) offers house banks and leasing companies the opportunity for partial risk assumption for loans and leasing financings granted to Saarland companies. It enables the hedging of investments and working capital, even for "future-oriented companies" during temporarily difficult phases, and aims to facilitate the financing of companies in Saarland.
Who is funded?
The Partner Program of Saarländische Investitionskreditbank (SIKB) is aimed at house banks and leasing companies that finance Saarland companies. The goal is to secure investments and working capital of Saarland companies by assuming financing risks, even during temporarily difficult phases.
What is funded?
Within the SIKB Partner Program, various financing projects of Saarland companies are secured. This includes a wide range of loans and leasing financings required for investments and ongoing operations. However, a retroactive risk assumption for already existing financings is not possible.
Type and Scope of Funding
The SIKB Partner Program offers risk assumption for financings of Saarland companies. The amount of risk assumed can be up to 50 percent of the loan or leasing financing amount, with different maximum amounts for SIKB's risk assumption depending on the program variant.
Conditions and Requirements
Specific prerequisites and conditions apply to the use of SIKB Risk Partnerships, which must be met by the financing house banks and leasing companies. This includes, among other things, requirements for application submission, creditworthiness of the ultimate borrower, and specific requirements for the "Future-Oriented Companies" variant.
Application Procedure
The application procedure for SIKB Risk Partnerships is straightforward and is handled directly through the financing house bank or leasing company. It is recommended to submit a preliminary inquiry with the usual credit documents in advance to ensure efficient processing.
Legal Basis
SIKB Risk Partnerships are based on a specific guideline of the Saarländische Investitionskreditbank, which defines the framework and objectives of the program. There are also references to superordinate European regulations, particularly regarding the definition of "undertakings in difficulty".
Funding Overview
Maximum Amount:
Up to 50% of the respective loans or leasing financings; for the 'Standard' variant, SIKB's maximum risk amount is 500,000 €.
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Saarland (Germany)
Beneficiaries:
Business financing
Funding Stages:
Implementation, Process Optimization, Capacity Building
Funding Provider
Program Level: Regional
Funding Body: Saarländische Investitionskreditbank AG (SIKB)
Managed By: Saarländische Investitionskreditbank AG (SIKB)