EUR 90 million investment in Thuringia through guarantees Funding figures for the 2020 financial year Despite the corona pandemic and the associated restrictions, almost EUR 90 million investments were made possible in 2020 with the support of the Thuringian Guarantee Bank. 216 sureties and guarantees for companies and freelancers were taken over. The total volume was EUR 49.1 million, which corresponds to an increase of 10% compared to the previous year. The guarantees created 460 new jobs and secured a further 3,136 jobs in Thuringia. In order to be able to offer small and medium-sized companies support during the crisis and to secure liquidity, the Bürgschaftsbank expanded and improved its funding options as early as the first lockdown in 2020. For example, the upper limit of the guarantee for a classic guarantee was raised to EUR 2.5 million. In the case of guarantees without a bank, the maximum amount has been increased to EUR 250,000. In addition, the guarantee rates also increased. In the case of express guarantees with a quick decision within 24 hours, a guarantee amount of up to EUR 450,000 could be applied for by the end of 2020. Further information on the guarantee offers and the current Corona relief measures here . CONTACT DATA PROTECTION IMPRINT

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