My News

2 October 2020

Guarantee programme for new loans to businesses

Here are the practical details.

The Royal Decree of 15 April 2020 and the Law of 20 July 2020 gave banks the go-ahead to grant new loans to self-employed, SMEs and companies experiencing cash flow problems due to the coronavirus crisis. The Federal government will allocate 50 billion euros as a government-backed guarantee.

Do you want to submit a loan application?

Before submitting your application:

  • Have you considered making use of the support measures put in place by the government? You can read all about these measures on the Federal Public Service website.

Do you need a credit facility with a tenor of maximum 12 months or until further notice?

You can send your application via Business’Bank.

Make sure you have the following information at hand:

  1. The amount of liquidity required and your credit needs. You can use our liquidity simulator to calculate these amounts.
  2. The following balance sheet information for the last closed accounting year:
  • revenue
  • balance sheet total
  • number of employees (FTE)

You are now ready to start the application. Please log in to Business’Bank.

You will find a link to the form on screen after you have logged in. You can also access this form via the Self-service corner in Business’Bank (under “My Loans”).

Do you need a credit facility with a tenor between longer than 12 months and maximum 36 months?

You can send your application via Business’Bank. Make sure you have the following information at hand from your published 2019 balance sheet and income statement:

  • revenue
  • balance sheet total
  • number of employees (FTE)
  • the annual staff cost

If your 2019 financials have not yet been published, you will have to calculate your liquidity need for the coming 18 months. To do so, you can use our liquidity simulator. You are now ready to start the application. Please log in to Business’Bank. You will find a link to the form on screen after you have logged in. You can also access this form via the Self-service corner in Business’Bank (under “My Loans”). You can also contact your ING representative and complete the intake form together in order to find out if your company qualifies for the guarantee scheme.

Do you have any questions?