Securities and funding for the benefit of the Hessian economy
Not every company founder or entrepreneur who is looking to invest is able offer their bank sufficient collateral for the loan they need. The Bürgschaftsbank Hessen (BBH) in Wiesbaden will gladly provide support in these matters. First, the concept to be submitted is evaluated. Is the company in sound financial circumstances? Is it managed by highly qualified people? What are the chances for adequate long-term profits? If this evaluation is positive, the applicant receives a security or guarantee, which serves to complement or replace the missing collateral. This classic way to obtain a security often results in low-interest loans. The BBH collateralises operating loans up to 60 per cent and investment financing up to 80 per cent.
Even those who have not yet developed well-established relations with a house bank can hope to obtain a loan. With its „Securities without a Bank“ (Bürgschaft ohne Bank, BoB) programme, the BBH supports not only start-ups, but also new and established companies. The BoB programme enables entrepreneurs with convincing concepts to receive high-quality securities directly from the Bürgschaftsbank, which they can then use to apply for a loan at a bank of their choice.
Supervisory boardHarald Brandes
Year of establishment1954
Business activityGranting of credit and participation guarantees