Bürgschaftsbank Thüringen

Name

Bürgschaftsbank Thüringen

Legal name

Bürgschaftsbank Thüringen GmbH

Website

https://bb-thueringen.de

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Promotional Banking / SME Credit Guarantees

NAICS

Depository Credit Intermediation (5221), Finance and Insurance (52)

SIC

Surety Insurance (6351)

akta.pro primary industry

Surety & Bond Brokerage (FSAEADAI)

akta.pro secondary industries

Public Official / ERISA / Fiduciary Bonds (FSAJAIAG), Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

Keywords

• SME credit guarantees
• Suretyship programs
• Promotional banking services
• Bank loan guarantees
• Participation guarantees

Headquarters

HQ city

Erfurt

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Surety and Guarantee Commissions: Annual commissions charged on outstanding surety and guarantee volumes. In 2025, surety and guarantee commissions totaled T€ 3,202. These commissions provide recurring revenue based on the portfolio of outstanding guarantees.
2. Processing Fees: One-time processing fees charged when surety applications are approved. In 2025, processing fees totaled T€ 382. These fees are charged at the time of surety issuance.
3. Business Management Services (MBGT): BBT provides business management services for Mittelständische Beteiligungsgesellschaft Thüringen mbH (MBGT), generating T€ 1,377 in 2025 (up from T€ 1,260 in prior year). This is a stable service revenue stream under a management contract.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Bürgschaftsbank Thüringen GmbH issues surety bonds and guarantees that cover up to 80% of bank credit risk for small and medium-sized enterprises in Thuringia lacking sufficient collateral. Its product portfolio comprises seven distinct programs (BBT classic, BBT basis, BBT express, ERP-Förderkredit, Agrar-Bürgschaft, Garantien für Arbeitnehmerfinanzierung, and Beteiligungsgarantien) covering scenarios from startup financing and growth investments to business succession and agricultural lending. The institution operates as a non-profit promotional bank, distributing its sureties exclusively through partner banks and Sparkassen in Thuringia with federal and state counter-guarantees covering the majority of its risk exposure.

Product overview

Bürgschaftsbank Thüringen operates as a network of guarantee programs designed to secure financing for Thuringian small and medium-sized enterprises (SMEs) and founders when conventional collateral is insufficient. The product portfolio centers on seven distinct guarantee instruments: BBT classic (standard suretyship covering up to 80% of credit risk), BBT basis (direct application pathway), BBT express (24-hour approval), ERP-Förderkredit (100% risk relief for founding/succession), Agrar-Bürgschaft (agricultural sector), Garantien für Arbeitnehmerfinanzierung (employee investment products), and Beteiligungsgarantien (equity participation guarantees). These programs function as interlocking risk-mitigation tools that collectively address various financing scenarios including startups, growth investments, innovation, business succession, and agricultural operations.

Differentiator

Problem solved

Functional benefit

Products and services

• BBT classic Standard suretyship program where Bürgschaftsbank Thüringen guarantees up to 80% of credit risk for participating banks, enabling SMEs in Thuringia to obtain financing even without sufficient collateral.
• BBT basis "Suretyship without bank" allowing direct application to Bürgschaftsbank Thüringen, offering SMEs an alternative pathway to access financing outside the traditional bank-submission channel.
• BBT express Express suretyship program where participating banks submit applications online and receive approval within 24 hours.
• ERP-Förderkredit (Gründung und Nachfolge) ERP promotional loan program in collaboration with KfW that relieves participating banks of 100% of risk, facilitating easier access to capital for founding and succession projects.
• Agrar-Bürgschaft Agricultural suretyship offering additional security for loans up to €1.5 million, enabling financing for agricultural businesses in Thuringia.
• Garantien für Arbeitnehmerfinanzierung Guarantee program offering employees an investment product as a supplement to conventional retirement planning.
• Beteiligungsgarantien Participation guarantees providing security for private equity investments, supporting SME access to equity financing via MBGT.
• Business Management Services for MBGT (Geschäftsbesorgung) BBT provides complete business management services (Geschäftsbesorgung) for Mittelständische Beteiligungsgesellschaft Thüringen mbH (MBGT) under a management contract, generating €1,377 thousand in 2025.

Quantifiable outcome

• 98 approved sureties enabling €105 million in total investments and supporting 1,640 jobs (1,400 secured + 240 new) in 2025
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Mittelständische Beteiligungsgesellschaft Thüringen mbH (MBGT)coreStrategic or Co-development PartnerBBT provides complete business management services (Geschäftsbesorgung) for MBGT under a management contract. MBGT offers equity participations for Thuringian SMEs. BBT holds 0.51% stake (T€ 51) in MBGT with equity of T€ 31,699 and 2025 net income of T€ 997.
• EXEC Software GmbHcoreTechnology or IntegrationEXEC Software GmbH (Ransbach-Baumbach) provides the electronic application system (eantrag) enabling online submission of BBT surety applications. This platform is the primary digital channel for processing applications.
• Bundeskreditgarantiegemeinschaft des Handwerks GmbH (BKGG)minorStrategic or Co-development PartnerBBT holds a 1.66% stake (T€ 6) in BKGG, serving primarily to fulfill its mandate as a surety bank and support the broader craft/trade sector financing ecosystem.
• Thuringian Banks and Sparkassen NetworkcoreChannel Partner/ Reseller/ DistributorAll Thuringian banks and Sparkassen serve as distribution partners, submitting surety applications on behalf of their business customers. BBT maintains regional advisors across four Thuringian regions to support these partners.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Kreditanstalt für Wiederaufbau (KfW): Germany's federal promotional bank and BBT's core programmatic partner on ERP-Förderkredit Gründung und Nachfolge. Much larger scale, but operating in the same SME credit-enhancement space with overlapping mandate.
• Euler Hermes (Allianz Trade): Germany's largest commercial surety and trade-credit insurer. Operates at much larger scale and broader product scope, but competes in adjacent SME credit-enhancement and bond-issuance underwriting markets relevant to BBT's mandate.
• LFA Förderbank Bayern: Bavaria's state promotional bank providing SME financing, guarantees, and subsidised loans. Wider product portfolio than BBT but overlapping target customer base (regional SMEs) and similar public-mandate orientation.

Direct peers

• Bürgschaftsbank Bayern: Bavarian state-level surety bank offering the full suite of BBT-equivalent programs (classic, express, ERP, agricultural, equity guarantees) to SMEs. Operates under identical counter-guarantee structure with Bund and Freistaat Bayern.
• Bürgschaftsbank Baden-Württemberg: Largest German Bürgschaftsbank by portfolio, providing guarantee products to Baden-Württemberg SMEs via the same Sparkassen/bank channel model. Closest analogue to BBT in mandate, product lineup, and regulatory framework.
• Bürgschaftsbank Berlin: Berlin-based Bürgschaftsbank offering surety bonds to capital-city SMEs. Same federal/state counter-guarantee mechanics and Sparkassen/bank distribution model as BBT, with comparable non-profit promotional orientation.
• Bürgschaftsbank Nordrhein-Westfalen: NRW state-level guarantee institution providing surety products to the largest German SME market. Comparable mandate, distribution through NRW Sparkassen/banks, and product catalog mirroring BBT's seven programs.
• Mittelständische Beteiligungsgesellschaft Thüringen mbH (MBGT): Thuringian SME equity-participation vehicle for which BBT provides full business management services. Provides complementary Beteiligungsgarantien product offering and shares the same shareholder base and regional focus.
• Bürgschaftsbank Hessen: Regional German Bürgschaftsbank providing surety bonds to SMEs in Hessen under the same federal/state counter-guarantee model as BBT. Directly comparable in product structure, distribution model through local Sparkassen, and non-profit promotional mandate.

Others

• Verband Deutscher Bürgschaftsbanken (VDB): Industry association representing all 17 German Bürgschaftsbanken including BBT. Provides coordination on federal counter-guarantee negotiations and standard product frameworks; its secure upload portal (VDB Service GmbH) is the technology vendor used by BBT.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/buergschaftsbankthueringen
• LinkedInlinkedin.com/company/buergschaftsbankthueringen

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bürgschaftsbank Thüringen