Baden-Baden/Erfurt, August 1, 2023: Leasing helps with investment needs. Effective immediately, a promotional bonus is available once again to self-employed professionals and small and medium-sized enterprises (SMEs) based in Thuringia when they use leasing for important investments in items such as modern IT equipment and eBikes for employees. As part of this programme, Thüringer Aufbaubank is now launching a global loan with grenke BANK AG for the sixth consecutive time since 2012 for a total of five million euros.

"The funds made available through this global loan will be passed on by grenke to commercial enterprises based in Thuringia via leasing contracts," explains Matthias Wierlacher, Chairman of the Board of Directors of Thüringer Aufbaubank. "As the development bank for the Free State of Thuringia, we help the industrial sector boost their necessary investments at very favorable promotional terms."

"The German Federal Ministry of Economics and Technology has just reaffirmed leasing’s important transformation function. Through our leasing offers, we help SMEs realise new projects, and thereby also support them in their digital and sustainable transformation. grenke has been the SME financier in Germany for more than 40 years," says Helge Kramer, grenke BANK AG's Board member responsible for the Markets business unit. "We are very pleased to now be able to offer SMEs in Thuringia financing options again that meet their needs – inexpensively, quickly, and easily. This provides an important boost to the region, especially in challenging times like these."

Commercial enterprises and members of self-employed professions based in Thuringia with annual sales of up to 500 million euros can benefit from this funding. Private purchases are excluded from the programme. The entrepreneur receives a sponsorship voucher from grenke and submits this to grenke with the lease application. When the lease contract is concluded, the sponsorship voucher is redeemed, and the individual sponsorship amount – which depends on installments and terms – is credited to the leasing customer as a lump sum in advance. The reseller and vendor can also be located in another state.

Further information can be found at www.grenke.com or www.aufbaubank.de.