Glossary
ERP-Gründerkredit StartGeld
A promotional loan from KfW (Germany's state development bank) for small businesses that explicitly also finances takeovers. It is applied for through your own bank before the project starts. Current terms are listed on kfw.de.
Related termBürgschaftsbank (guarantee bank)State-backed promotional institutions in each German federal state that guarantee bank loans when collateral is missing.Next Read moreFinancing a business succession: How to pay for the takeover.Next
FAQ
Frequently asked questions
What is the ERP-Gründerkredit StartGeld?
A promotional loan from KfW (Germany's state development bank) for small businesses that explicitly also finances takeovers.
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