Broaden the surety SME financing (BMKB)
SMEs with liquidity problems due to the consequences of corona can temporarily count on extra favorable conditions under the BMKB. A new temporary measure increases the size of the surety(escrow) loan in the BMKB from 50% to 75%.
The measure is intended for additional credit or increasing the current account credit with a financier (often a bank), with a maximum term of 1 year.
A number of other conditions in the BMKB will also be more flexible.