Contract bond; application
Under the "Order Guarantees" programme, LfA Förderbank Bayern provides default guarantees for sureties for domestic and foreign orders and for order-related advance financing, which are assumed or granted by the applicants' house banks.
Description
In order to support small and medium-sized enterprises in financing their orders from Germany and abroad, to facilitate their access to international markets and to increase their performance and competitiveness, LfA provides order guarantees for
- Bid bonds, advance payment bonds, contract performance bonds, delivery bonds, performance bonds and similar guarantees for foreign orders (export guarantees),
- bid bonds, advance payment bonds, contract performance bonds, delivery bonds, performance bonds and similar guarantees for domestic orders (domestic guarantees),
- order-related working capital credits and other order-related advance financing in the case of domestic and foreign orders (advance financing),
which are taken over or granted by the applicants' house banks. In addition to house banks, insurance companies are also eligible for export guarantees and domestic guarantees.
Applications must be submitted to LfA Förderbank Bayern via the applicant's principal bank.
Further information, including the required documents and forms, can be obtained from LfA Förderbank Bayern.
Prerequisites
Medium-sized commercial enterprises and members of the liberal professions are eligible to apply.
Links to more information
Status: 01.08.2021
Responsible for editing: Bayerisches Staatsministerium für Wirtschaft, Landesentwicklung und Energie
- Online transactions, Bavaria-wide
- Online transactions, locally limited
- Prefillable Form, Bavaria-wide
- Legal bases, Bavaria-wide
- Legal bases, locally limited
- Fees, Bavaria-wide
- Fees, locally limited