The guarantee facilitates access to financing from your bank if you need a loan of less than DKK 2 million. It covers up to 75 pct. of the bank's risk.

/ What is a guarantee?

If your company is unable to provide enough collateral to obtain a loan from the bank, a guarantee can help to cover the risk. A guarantee is a supplement to the collateral you have already provided and thereby it facilitates access to the necessary financing.

  • The guarantee covers loans and credits for up to DKK 2 million.
  • The guarantee covers up to 75 pct. of the bank's loss after collateral and other guarantees.
  • The financial institution grants the financing and is responsible for the credit rating.
  • The guarantee can be used by small and medium-sized enterprises with a Danish address and CVR no.
  • Our guarantees can also be applied together with other guarantees.

/ Who can apply?

All small and medium-sized Danish companies in all industries can apply for a guarantee. This group consists of companies with no more than 250 employees, a turnover not exceeding DKK 372 million and a yearly balance sheet total of DKK 320 million.

If the company is owned by another company, the value of employees and the turnover of these companies must be incorporated in the estimate if the ownership share exceeds 25 pct. 

/ Price

The price for a guarantee consists of:
  • a yearly premium of 2 pct. of the total financing amount
  • an initial single premium of 1.5 pct of the total financing amount.

Alterations of the fidelity guarantee policy, except for modifications of the depreciation profile, will be charged with a fee of DKK 1,000.

Terms and conditions
Our guarantees have a maturity period of up to ten years.

The first year, the yearly premuim will be calculated from the announced financing amount. The yearly premium is depreciated on a straight-line basis until maturity.

For example, if the guarantee has a maturity period of five years, the premium payment of year two will be 80 pct. of the amount of the premium payment in year one. The premium payment the third year will be 60 pct., 40 pct. the fourth year and 20 pct. the fifth and last year.

Once a loan is nonperforming, we will disburse the guarantee to the financial insitution.

/ Process

If you want to apply or learn more about our guarantees, please contact one of our advisors. Their contact information can be found in the side boxes. 

This financing is made possible thanks to the Guarantee that has been provided by COSME and the European Fund for Strategic Investment (“EFSI”) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.


Contact your bank

Contact your bank and discuss the possibilities for a guarantee from The Danish Growth Fund. The bank notifies us through our website and we accept the notification. We usually answer within five business days.