Yes, Yes, Switzerland. Purple cows, picturesque mountain landscapes, precise watches and delicate melting chocolate. So it looks in the ideas of many German at our Alpine neighbors. One of the most common clichés, the Swiss coziness. People much slower than in the us, it is often said that, be careful, almost on the fence.
If there is a fire, the Swiss are anything other than sedate
In the past few weeks, the Swiss have proven that when it comes down to it, anything other than sedate are – on the contrary.
With unbelievable speed and absolute clarity, the Federal government has responded in Bern on the threats to their economy by the global Corona pandemic. She has launched a loan program that can deserve the name of emergency aid in fact, and of the many German companies only dream of.
All the information about the Corona-crisis you will find in the News Ticker of FOCUS Online.
Corona-loans in Germany, many of the conditions
linked Even if the Finance Minister Olaf Scholz (SPD) and Economics Minister Peter Altmaier (CDU) emphasize again and again the blessing and effectiveness of the local auxiliary measures – at the latest at the time of loan application many entrepreneurs are in despair.
Contrary to statements to the contrary, the output of Corona is subject to a loan in Germany to a number of conditions and often in the length, not infrequently it fails altogether.
too complicated, a number of clauses, unclear, contradictory,
complain, Especially Solo-self-employed, without an accountant or lawyer to Fill out the multi-page application had to lift form can hardly. Many needy people are insecure, because you clauses appear to be complicated, ambiguous, or contradictory. In one Region, you can take in addition to the money from the Federal land assistance, in other areas of support excludes the other. Not so easy to keep track of it all.
in addition, more and more cases are known in which the banks financially ailing companies Corona deny loans, by reference to allegedly claim criteria met. Many banks do not fear that you will get the lent money back, because companies are in spite of government help, sooner or later, be insolvent.
100% state liability: To late, and not for all the
Probably would have been different if the Federal government would have assumed from the beginning a 100-percent liability for Corona loans. However, in the case of small and medium-sized companies, he guaranteed only for 90 percent of the loan amount, in the case of large companies, 80 percent. The banks remained at a residual risk of a ten or 20 percent of the seats – apparently to much for a number of institutions. They ranged from the loan only in a very restrictive manner, and increased the difficulties of many SMEs.
Meanwhile, after heavy criticism from business owners to FOCUS Online has been recognized by the Federal government, the design flaws in the procurement guidelines, and at least partially fixed. Since the 6. March, he is liable to 100 per cent for loans. However, the complete failure warranty applies only to companies with more than ten employees. Smaller companies do not benefit from the improvement.
entrepreneurs: Corona-help “implausible and unwarranted,”
“Alone, this difference in treatment shows how far-fetched and unfair to state Corona-aid,” says the owner of a small service company from Bavaria to FOCUS Online. To trust “instead of the company, builds the state, pitfalls, and power of a well-intentioned action is far too complicated, half-baked rescue program, the many Affected is not reached.”
Of the Swiss businessmen you don’t hear these critical sounds – for a good reason. The government of the Alpine country was, namely, a determined and business-friendly than their colleagues in Germany. In turbo speed, the managers launched a multi-billion dollar credit program, in which there are neither hooks nor eyes, not in the small print.
in Switzerland before making it: No interest, no pitfalls
Specifically, the support in Switzerland, like this:
- Since the 26. March 2020, companies can apply for regardless of the size of the Corona to immediately help. You will receive credits in the amount of up to ten percent of their annual turnover, to a maximum of 20 million Swiss francs. For this you need to explain that you have due to the Corona pandemic, a significant loss of revenue.
- loans of up to 500,000 Swiss francs, the banks pay immediately and not at all bureaucratic. There is no interest or fees are due, a credit check will be held virtually. The loans are secured 100 percent by the Federal government.
- bridging loans, which exceed the amount of 500,000 francs, are hedged to 85 per cent by the Federal government and require a more comprehensive Bank examination. In the case of these loans, the interest rate is currently 0.5 percent.
Ten minutes for application, 30 minutes for Bank authorization
- The loans are only intended as a temporary assistance for liquidity constraints and may not be used for new investment. Companies that take a crisis loan may not distribute dividends or bonuses. The loan must be repaid within five years, in cases of hardship after seven years.
- The loan application can be made on the Internet. To Fill in – there are seven steps in total is required – you need ten minutes. Only slightly longer, the subsequent processing will take money from financial institutions. Martin Scholl, chief of the Zurich cantonal Bank, has issued the objective to approve loan applications up to half a Million Swiss francs within 30 minutes of the other, within one working day. The banks have trained additional staff.
warning-abuse: In case of cheating, high penalties
The Swiss Finance Minister Ueli Maurer does not need many words to explain the principle of immediate assistance: “the One who needs money, goes to his Bank. And the Bank gives him the money, because we, the Federal, guarantor to the Bank.“
the Minister and his colleagues rely on the principle of trust. Companies that act in a dishonest, threatening adversity. “Don’t you try it with abusive actions, we are sitting at the longer lever,” warned Mason of the Swiss company. Who makes the loan application false information, you risk a fine of up to 100,000 Swiss francs.
Swiss Finance Minister: “Draw a rapid solution”
a Mason is, not the Illusion that the Federal government could get away with it. “We accept that we must write off a loan or two.” In an exceptional crisis such as this there is, however, the Tempo. “We prefer a rapid solution,” the Minister said.
In Germany, many entrepreneurs look to with admiration and almost with envy on the pragmatic, solution-oriented attitude in the neighboring country. “The Swiss politicians trust their citizens – and the state is understood as a part of a community, for which he is responsible”, a southern German company owners to FOCUS Online. “In Germany, the Motto: a Lot of testing and control, to ensure zero confidence.”
In the PCP In the
