the ERP loan
StartGeld
X-GROUP GmbH has been supporting entrepreneurs and founders since 2002, among other things, with the preparation of business plans and applications for subsidies.
Founders can receive up to 125,000 euros StartGeld from KfW to finance investments and cover operating costs. The experts from the Berlin-based consulting agency X-GROUP, who have already assisted many entrepreneurs throughout Germany on their way to an attractive start-up loan, can help with the application process.
"X-Group is made up of a competent team who are versatile and knowledgeable. I was allowed to work with several experts and everyone was committed to me. The customer is in the foreground with his needs, his plans and his resources. I am absolutely grateful for an intensive accompaniment, advice and support with a priceless added value on the personal as well as professional level. I was able to develop a stable foundation for my business start-up and further develop my knowledge in areas such as marketing, product development as well as in the commercial area. THANK YOU, THANK YOU, THANK YOU! PS: You always see each other twice in life and I'm looking forward to that 😉"
Overview ERP Credit StartGeld
- up to 125.000 €
- Financing of investments and running costs
- KfW assumes 80% of the credit risk
- for start-ups and companies up to 5 years after foundation
- from 3.74% p.a. effective annual interest rate
What can the ERP loan StartGeld be used for?
- Investments
- Working capital
- Material and goods stock
- Company acquisition
Investments
e.g. acquisition of plant, machinery, fixtures and fittings, operating and office equipment
Working capital
to ensure ongoing operations, such as cash and cash equivalents, rent, materials and merchandise inventories, and personnel costs
Company acquisition
or purchase of company shares if management function is assumed
Who is supported?
- start-ups (incl. freelancers)
- small and young companies
- company successors
What are the conditions?
- up to €125,000, of which up to €50,000 is for working capital
- 100% of the loan amount is disbursed
- Loan call within 9 months after commitment
- commitment fee 0,15% per month, starting 6 months and 2 bank working days after commitment
- during the grace period only interest is due
- unscheduled repayment against prepayment possible
- personal liability for loan repayment
- Details in the conditions overview
Application procedure
Prepare application
with the KfW funding assistant to lead the to lead the bank meeting faster to the goal
Financing partner
find and discuss projects
Apply for credit
through the financing partner
Check loan application
by KfW with subsequent Decision on funding
Credit agreement
Conclude with the financing partner and implement project
"My consultants V. Janker, M. Wagner and A.Hausmann were very competent and supported me in my project. They met all deadlines and reacted quickly to changes in the situation. TOP!"
Why should you choose X-GROUP?
X-GROUP specializes in the preparation of business and financial plans, including all the necessary applications and attachments you need to successfully implement your project. One specialization is the preparation of documents for subsidies and loan applications. Due to existing certifications, there is also the option that consulting and support can be subsidized up to 100%. The X-GROUP also supports you in applying for financing for investments and working capital.
"The coaches of the X-Group have helped me a lot with their expertise, so that I can now start my self-employment with confidence. Thank you for your knowledge, patience and humor! I highly recommend the coaching!"
Professional article
KfW StartGeld documents
If you need capital for your start-up or your existing start-up company, the ERP loan StartGeld from KfW can be a solution. In this article you will get an overview of the ERP loan. content of the article What is the KfW Förderkredit? The KfW Förderkredit is a state-subsidized loan for entrepreneurs offered by KfW
Lyrical part
The text part of the business plan comments plausibly on the planning calculation and depicts both the business concept and its planning premises.
