In connection with the lockdown decided by the federal government in November, interested small companies are being given additional help via the loan program of the Kreditanstalt für Wiederaufbau.
The KfW quick loan has proven to be an important pillar for German SMEs in the Corona crisis. It should now also be open to self-employed people and companies with up to 10 employees.
Companies can apply for these KfW quick loans with an amount of up to EUR 300,000 via their house banks, depending on the turnover achieved in 2019. The federal government assumes the full risk and releases the house banks from liability.
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