Free State of Bavaria Extends Loan Programs To Affected Businesses

Companies in the Bamberg-Forchheim region can also be affected by the consequences of the corona virus. The Free State of Bavaria assures the companies of its support and increases the citizenship volume by EUR 100 million. This includes the promotion of short-time work. Companies wishing to apply for short-time work benefits due to the virus must notify the responsible employment agency in advance. This then checks whether the requirements for funding are met. Furthermore, affected companies have access to loan programs from the Free State and the federal government. With these measures, the federal government and the Free State want to minimize the impact of the corona pandemic on the economy.

German authorities work to contain the virus

Short-time work due to the corona virus: Companies wishing to apply for short-time work benefits due to the effects of the corona pandemic must first report the short-time work to the responsible employment agency. This then checks whether the prerequisites for the service are met.

Loan programs and guarantees from LfA Förderbank Bayern: Affected companies have access to loan programs and guarantees from LfA Förderbank Bayern to deal with the economic consequences of the Corona virus. Information is available at LfA Förderbank Bayern . The LfA universal loan is available for the currently necessary safeguarding of liquidity . Tel. 089 / 2124-1000, the LfA funding experts can be reached for general inquiries and specific advice on the funding offers .