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.
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.