ERP capital for start-UPS (KfW-product number 058)

Overview
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This programme is suitable for

Target groups

Companies, Freelancers

Who is funded? (Eligible to apply)

Entrepreneurs and start-UPS (including the self-employed and freelancers), business successors and successor, the young entrepreneurs who start a business, consolidate a young company (up to three years after the start of business activities), as a managing Director or managing Director of a company to participate in a company as part of a corporate successor to take over.

What is funded? (Purpose)

Promotion of investments, for example,

Land and buildings, construction costs, furniture
Commercial vehicles, plant and equipment
intangible assets (licenses, patents)
Material and goods in stock (usually only original equipment)
first participation in the fair
Buying a business or company share

The funding is granted, in what amount? (The type and amount of support)

Loans with equity character, mind. 10 % of own funds, to be increased to up to 50 % of the total financing requirement, max. The €500,000.

Interest rate: 0,40 % in the first year to the third year, to 2.82% from the fourth year of the term of the loan
Runtime: 15 years, ten years fixed-rate
Eradication: Seven-year period of grace, in this period, the interest plus the guarantee fee, then be repaid in quarterly Installments, plus. the interest on the outstanding amount of the loan
Unscheduled repayment is possible against payment of a prepayment penalty
Payout 100 %, 100 % exemption from liability for the Bank

You do not receive your loan directly from KfW but from a financing partner such as your bank.

Contact information

Via principal bank to KfW
Tel.: +49 (0) 800 539 90 01 (the call is free of charge)

Further information

https://fnb.works/d10

Ansprechpartner