Initial capital is needed to start a business. However, not everyone has the financial means to avoid having to indebt. Banks and non-banking companies have accommodated you and offer loans for start-ups.
How to navigate between these offers?
Bank loans for entrepreneurs – short-term financing
Are you missing money for employee wages, rent, energy or do you need to overcome periods with insufficient finances? In this case, you will appreciate an overdraft, operating loan or credit card with a credit limit. The overdraft is opened to the entrepreneur’s current account and the contract specifies the amount it can draw.
Operating loan is a special-purpose term loan, when the bank has a plan with drawing and repayment. A credit card with a credit limit is intended for entrepreneurs who want to have a financial reserve to bridge the gap between income and expenditure.
Bank loans for entrepreneurs – long-term financing
Long-term loans for investment in movable or immovable property are also needed to finance the business. Entrepreneurs can choose from a mortgage loan, investment loan or leasing. Mortgage loan for entrepreneurs has the same conditions as a classic mortgage for individuals. Maturity is up to 20 years and the loan is guaranteed by real estate.
The investment loan is used both for the acquisition of real estate and machinery and for the purchase of securities or shares in companies. With the help of leasing the entrepreneur can buy movables, most often a car.
Loan up to 50.000 USD immediately
Online loan application without paperwork
On this page, choose the loan amount, register here and get a loan without formalities up to USD 50,000. Repeated loan at any time!
Borrow from a bank or non-banking company?
To get a loan for starting entrepreneurs from the bank you need a well-prepared business plan, on the basis of which the bank will lend you without any problems. The bank seeks a record in the register of debtors, while non-banking companies usually do not consult it. You will get a better interest rate with your bank. Benevolent conditions in turn have non-banking companies.