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Companies can take advantage of a variety of assistance to deal with the Corona crisis.
Here you will find information about formalities related to this subject:
The acute loan provides support to companies experiencing liquidity and profitability difficulties in the interest of preserving jobs.
Sufficient bank collateral is generally required to obtain bank loans. SMEs in particular often do not have such collateral available, so they have difficulty in meeting their capital requirements. Guarantees are intended to make borrowing possible.
Employers and self-employed persons can apply for compensation or reimbursement in accordance with Section 56 (1a) of the Infection Protection Act (IfSG).
If you need financing for investments or working capital for your commercial enterprise, you can apply for a favourable loan with repayment-free periods under certain conditions.
If you are prohibited from working due to the Infection Protection Act and suffer a loss of earnings as a result, you can receive compensation under certain conditions.
Information for service providers
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