The subordinated loan is a loan with a qualified subordination of the lender behind the claims of senior creditors. The capital is fixed interest. In the subordinated loan, the annual interest payment and later its repatriation of capital takes place only after the satisfaction of preferred financing partners (for example, banks) of the company. The claims of the subordinated loan provider are therefore only secondarily served. Insofar as no payment can be made by the company at the respective due date, the claims nevertheless remain (only with a time delay). In the event of the liquidation or insolvency of the Company, payments on the Subordinated Loan may not be made until all senior creditors have been paid their claims.

In tax law, interest income is classified as income from capital assets and is subject to withholding tax plus solidarity surcharge plus any church tax. The withholding tax plus solidarity surcharge and church tax for the basic distribution will be withheld and paid by the Company. Withholding taxes accruing on monetary benefits are to be paid by the shareholder himself. Exemption orders for capital gains can be deposited for the basic distribution. The church tax liability must be announced to the issuer.

Fixed interest rate: 5% p.a.

Minimum subscription: € 10,000 (maximum € 100,000 in 12 months)

Duration: at least 4 years