KfW-Investitionskredit Kommunale und Soziale Unternehmen

• Merkblatt Investitionskredit Kommunale und Soziale Unternehmen

Application for tachograph cards under Section 5 of the German Driving Personnel Ordinance (FPersV) in accordance with Regulation (EEC) 3821/85

KfW uses the promotional loan to support investments in municipal and social infrastructure. The acquisition of land can also be financed.

The following areas can benefit from the promotion:

• Kindergartens, schools and sports facilities
• Hospitals
• Information structure
• Transport infrastructure
• Utilities and waste disposal
• Land, if it is part of a project

Conditions

Type of funding
Low-interest loan

Amount
up to EUR 50 million per project

Financing share
up to 100 % of the eligible investment amount

Disbursement
100 % of the loan amount

Term options

• ten years (two years grace period)
• 20 years (three years grace period)
• 30 years (five years grace period)

Repayment

• only interest payments during the grace period
• thereafter equal quarterly instalments

Interest rate

• Fixed interest rate for either ten or 20 years
• The interest rate is fixed when the contract is concluded.

Collateral
Standard bank collateral

(Details: see KfW promotional module / programme page)

Notes:

• There is no legal entitlement to the promotional loan.
• Combination with KfW's "Renewable Energies" and "Entrepreneur Loan" programmes is possible.

Please visit the KfW website for information on the necessary applications, forms and supporting documents.

Eligible applicants

• Companies with a municipal shareholder background
• non-profit forms of organisation
• Public-private partnerships

Excluded from funding are

• Debt rescheduling
• Working capital
• pure capital investments
• Housing
• low-value assets

• Application: none
• Loan interest
• 0.25% commitment fee if funds are not drawn down one month after commitment

• Ask your financing partner in advance whether the funding is suitable for your project.
• If so, your financing partner will submit the loan application to KfW. You must enclose a project description.
• If the funding is approved, you can access the funds through your financing partner.
• After completion of the project, you provide proof of the use of the funds to your financing partner.

Application: before the start of the project

non applicable