Förderdarlehen der KfW "Unternehmerkredit Plus" - Nr. 044, 046 Gewährung

Funding objective

The funding loan will be used to develop or produce new or substantially improved products, processes or services that are innovative.

Who is eligible for funding?

Eligible applicants are:

• Small and medium-sized enterprises (SMEs) with
  • less than 250 employees and
  • an annual turnover of no more than 50 million euros or an annual balance sheet total of no more than 43 million euros.
• larger medium-sized enterprises with
  • less than 500 employees and majority privately owned and
  • a group turnover not exceeding 500 million euros.
• freelance professionals, e.g. doctors, tax consultants, architects

The companies or freelancers must be able to present at least two annual financial statements.

Not eligible are:

• restructuring cases and companies in difficulty
• applicant enterprises in which KfW holds a direct interest of at least 10%.
• enterprises whose activities do not meet the requirements of the InnovFin guarantee
• facilities for the use of renewable energies
• Debt rescheduling and follow-up financing of projects already completed as well as follow-up financing and prolongations or
• Acquisition of companies/shareholdings

What is supported?

• Investments - capitalizable in fixed assets (e.g. purchase of machinery, equipment, vehicles and facilities; commercial construction costs, etc.)
• Working capital (e.g. running costs, purchase of current assets, etc.)
• Inventory

How is funding provided and what conditions apply to the KfW Entrepreneur Loan Plus:

Type of support

• low-interest loan

Interest rate for the loan

• The interest rate is fixed for the entire term of the loan.
• The programme interest rates are based on the development of the capital market and the creditworthiness of the borrower. Particularly favourable interest rates apply in the SME window.
• The loan is committed with a customer-specific interest rate within the framework of the maximum interest rate of the respective price class applicable on the day of commitment.
• The interest rate is determined by the borrower's bank, taking into account the borrower's financial circumstances (creditworthiness) and the value of the collateral provided for the loan.

The loan is classified in the creditworthiness and collateral classes specified by KfW.

Amount of the promotion

• The maximum loan amount is: up to EUR 7.5 million per project
• up to EUR 15 million per group of companies
• The minimum loan amount is: EUR 25,000

Disbursement of the subsidy

• 100 % of the loan amount

Term of the subsidy

• working capital and inventory financing
  • Up to 5 years with a maximum of 1 grace year (5/1).
• Investment financing
  • Up to 10 years with a maximum of 2 grace years (10/2).

Repayment of the loan amount

• after the grace period in equal quarterly instalments.

Collateral for the loan

• Standard bank collateral for the loan (agreement with the principal bank).
• KfW grants the on-lending credit institution a 50 percent indemnity against liability.