Your company may qualify for a range of financing tools from the federal government’s development bank (Kreditanstalt für Wiederaufbau, KfW) or the development bank for the state of Berlin (Investitionsbank Berlin, IBB).
Characteristics of these financing tools are usually
- grace periods
- long terms
- special interest benefits for SMEs
- partial release from liability for the credit institute behind the process (the home bank)
You must apply through your home bank, which will direct applications to the KfW / IBB. Your first contact in this case is your home bank, since only it is permitted to apply.
The path to credit
Your home bank will make a decision about possible credit management and, should you wish, will include a refinancing loan - if possible with a release from liability – in the financing offer.
Applications must be submitted prior to the start of your project. If help is needed, Berlin Partner will support you.