Classic Guarantee (Assumption of Default Guarantees by the Brandenburg Guarantee Bank)

• Start-up founders
• Small and medium-sized enterprises (SMEs) of the commercial economy
• Freelancers based in the state of Brandenburg

The Guarantee Bank assumes default guarantees for short, medium and long-term loans of all kinds. This includes loans for start-ups, active participation in a company, the takeover of an existing business, the market introduction after research and development. Furthermore, the following are guaranteed: working capital loans, stock replenishments, investment financing, business expansion and relocation, rationalization or modernization measures as well as guarantees for contract performance, warranty, down payment and other guarantees.

Excluded is the guarantee of loans for the restructuring of a company as well as the guarantee of already granted loans. All forms of loan financing such as long-term loans, overdrafts, fixed-term loans, individual guarantees and guarantee framework loans are guaranteed. Default guarantees are also taken over for program loans of the promotional banks.

Working capital financing is accompanied for companies based in Brandenburg. For investment projects, guarantees can be taken over if the investment location is in Brandenburg (regardless of the company's registered office).

Guarantee, maximum guarantee amount of €1.25 million.

• Term: maximum 15 years, for construction loans and subsidized loans with a longer term up to 23 years
• 1.5% one-time processing fee from the loan amount (minimum €500, due upon approval of the guarantee, 1.0% per year guarantee commission from the remaining loan amount)