Subsidy Guide for Businesses and - Investitionsbank Berlin

Aim
To finance exports of capital assets to developing countries, including
related services.
Who?
German exporters or foreign importers
Loans are generally granted in the form of delivery-tied
loans which are either directly extended to the respective
customer or to a bank in the customer‘s country (bank-tobank
loan).
What?
Up to an order value of EUR 50m, a loan of up to 85% of the
order value is granted, however, limited to a maximum of
EUR 21.25m.
In the case of an order value of more than EUR 50m, the loan
is granted on the basis of 50% of the order value.
The loan is limited to 85% of half the order value, however, to
a maximum of EUR 85m.
How?
A loan to the amount of the receivables under the export
contract not yet due at the time the loan is paid out. Funds
are generally only made available for export transactions
which are backed by a guarantee from the German federal
government (Hermes cover) and where payments are
handled over a minimum period of four years as of the date
of readiness for operation.
The Subsidy Programmes Investment and Working Capital
ERP-Exportfinanzierungsprogramm / ERP export financing programme
The loan is repaid in equal, successive six-month instalments
on the basis of the Hermes-covered loan term. The
first redemption instalment is payable six months after the
starting point. KfW additionally determines a final date for
commencing redemption which is orientated towards the
estimated starting point.
This programme is subject to de-minimis rules (refer to page 136).
Where?
Applications for customer loans should be submitted directly
to
KfW IPEX-Bank GmbH
Palmengartenstraße 5-9, 60325 Frankfurt/Main, Germany
E-mail: info@kfw-ipex-bank.de
KfW Bankengruppe
Palmengartenstraße 5-9, 60325 Frankfurt/Main, Germany
Internet: www.kfw.de
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