In order to obtain bank loans, it is generally necessary to provide sufficient bank collateral. Small and medium-sized enterprises in particular often do not have such collateral. They therefore have difficulty in covering their capital requirements. Guarantees from LfA-Förderbank Bayern and Bürgschaftsbank Bayern are also intended to enable these companies to take out loans.
With the support programme "Tourism Bavaria - fit for the future", the Free State of Bavaria is assisting with a vigorous new start after the Corona crisis and is promoting non-commercial small and micro landlords as well as the collection of real-time data relevant to tourism and visitor flow management.
Bridging assistance provides financial support for small and medium-sized businesses, the self-employed and non-profit organizations. It helps to mitigate declines in sales during the Corona crisis. The assistance is a joint offer from the federal and state governments.