Loan for self-employed medium-sized companies

The Intrasavings bank Entrepreneur Loan for self-employed and medium-sized enterprises

The Intrasavings bank Entrepreneur Loan for self-employed and medium-sized enterprises

With the Intrasavings bank Entrepreneur Loan, everything that is necessary for the entrepreneurial activity can be promoted for self-employed and medium-sized enterprises. The Intrasavings bank entrepreneurial loan for self-employed persons for medium-sized companies includes, for example:

Investment loan

  • Furniture, fixtures and fittings
  • Machines, company vehicles
  • Purchase of equipment
  • Land and buildings
  • Software and computer
  • Intangible investments (licenses and patents)

The Intrasavings bank Entrepreneur Loan for self-employed and medium-sized companies is out of the question for additional financing of projects already started and for facilities for the use of renewable energies. The Intrasavings bank Entrepreneur Loan can be combined with other Intrasavings bank products and public subsidies.

Credit for self-employed medium sized company

Credit for self-employed medium sized company

An important decision for middle self-employed a loan is its intended use. Is this an investment loan that is used for private use. Those who spend a considerable amount of time on online credit offerings will also find banks and banks providing installment loans to self-employed individuals and medium-sized companies, regardless of whether the loan is used for business or private purposes. It is important to be aware of the possibility of special repayments, fees and early repayment of the loan, and possibly fees for providing credit.

Loan for self-employed and medium-sized companies without collateral

Loan for self-employed and medium-sized companies without collateral

As a medium-sized company that does not have enough collateral, it is often difficult to get a loan. A self-employed person can use a loan for different purposes. Self-employed people most often take out a loan and then invest this money as equity in the medium-sized company. As a self-employed person, you should be well-prepared for a loan application to convince the banks of the concept. For a completely private purpose, it is often difficult to convince the bank, because it is not invested in securities but in cars or a holiday.

Corporate loan for medium-sized companies

Corporate loan for medium-sized companies

A self-employed loan is an important element for financing. Borrowed funds can be obtained by self-employed persons from the house bank or from a promotional bank. The microfinance institutions also grant smaller loans to the self-employed. However, the online loan is an interesting form of financing for self-employed and medium-sized businesses. Also, grants are often given in the form of loans to self-employed and medium-sized companies.

Loan on Dispo selected

 

A loan is usually accepted to fulfill wishes. Banks are also making it easy nowadays. With a regulated income and if the creditworthiness has not taken any damage, there is no problem with a loan commitment. The consumer only has one thing left to do is choose the cheapest bank. But there are also cases where the credit is not intended for wish fulfillment. Being able to compensate a loan for the dispatch is also a reason for many.

Credit to be able to compensate for Dispo

Credit to be able to compensate for Dispo

The current account has the advantage that a loan is possible on a small scale due to the disposable disposable. Anyone who has a good income, also gets a corresponding disposition credit, called Dispo, provided. Without having previously spoken to the bank, this can be used at any time. Most account holders also use it. So it can happen that a current account is constantly in the minus. But eventually, the bank wants that the checking account is gradually being compensated. In the worst case even threatens the cancellation of the Dispos. But before that happens, the bank will invite customers to a conversation. In this personal conversation between the bank adviser and the customer, the possibility is opened up to be able to settle a loan around the MRP.

For the customer this is the better solution anyway, because the use of the Dispos costs interest, which are in the two-digit range. A loan is much cheaper. The disadvantage, however, is that the borrower has to repay the same amount to the bank on a monthly basis. When using the Dispos handles the bank more freely. A fixed amount for repayment is not required.

The creditworthiness

The creditworthiness

However, it is only possible to offset a loan for the MRP if there are no negative entries in the private credit. Once the credit rating has been damaged, German banks no longer grant credit. If you want to balance your account, you must contact the banks abroad who are not interested in the entries in the private credit. The so-called Swiss or Liechtenstein loans are the last resort for a loan for those affected.

Basically, the use of the Dispos lead to a debt. The use is really worthwhile only if it is used only for a short period of time. In addition, the income should be accordingly. Once the MRP is used to the limit, it is difficult to get back into a positive balance.

Loans and subsidies for the self-employed

Loans and subsidies for the self-employed, craftsmen and freelancers

Loans and subsidies for the self-employed, craftsmen and freelancers

There are now over a thousand loans and grants for the self-employed. But who knows the right credit for his situation? And if self-employed make an application for a loan, then you should know the conditions for it, otherwise a loan from a bank is quickly rejected.

We have put together a Leitwerk credits and funding description for self-employed. The tail unit can be downloaded immediately for 39,90.

An excerpt can be found at Leitwerk loans and self-employment funding.

Personal loan for self-employed without bank

Personal loan for self-employed without bank

If there is insufficient income for the self-employed in the last two calendar years, self-employed persons are usually refused credit by their bank. But there are now many alternatives, how self-employed can finance properly without their house bank. In the Leitwerk loans and subsidies, we have listed several interesting options. And there is certainly also suitable for you as a self-employed offers.

Credit for self-employed without private credit information

Credit for self-employed without private credit information

A private credit entry is usually three years in the private credit, even if the demand has long been paid! But a private credit entry means for self-employed with a credit rejection. Many self-employed people are denied access to the credit market.

In our Leitwerk loans and subsidies for self-employed, we have also listed offers in which a private credit entry plays no role. Find out about our reader test.

Credit counseling for the self-employed

Credit counseling for the self-employed

As a small business owner, you are responsible and responsible for everything. And there is no such thing as a man who knows everything equally well. Because everyone has strengths and weaknesses. Mid-sized and larger companies use qualified managers in positions of responsibility. And what can the individual entrepreneur do?

The self-employed has as a consultant his tax adviser and bank consultant! And? Did these consultants help you?

Financial advice supported by the Crediter

Financial advice supported by the Crediter

Our advice is promoted by Crediter from 50% to 90% . We help you to solve the most important problems and get suitable loans. Even Intrasavings Bank recommends: In case of problems, self-employed should get an external consultant.

You can apply for a consulting grant for the following types:

  1. Start-up companies up to 3 years after founding (start-up)
  2. Companies from 3 years in the growth phase
  3. Companies in difficulty from the 3rd year

Credit advice, if banks reject!

Credit advice, if banks reject!

  • favorable government loans by Intrasavings Bank with indemnity
  • Rescheduling expensive current account credit
  • Order pre-financing and increase warehouse
  • Guarantee of the guarantee bank if the collateral is too low
  • Capital raising for other purposes
  • Consulting cost subsidy 50% to 80%

There are banks that still finance if the house bank refuses!

 

Loan despite temporary employment

The term temporary employment company deters many people, as it is assumed that a temporary work. However, these companies provide workers to companies that have an increased need for labor for a certain period of time. The term “transfer of labor” is therefore much more meaningful, but is rarely used or is unknown to many. Employees of a temporary work agency are taken over like employees of companies after a successful trial period in a fixed or fixed-term employment. After this probationary period, which can last up to 6 months, employees can apply for a loan despite having to work on a temporary basis.

A loan despite temporary work, however, is earnings-related

A loan despite temporary work, however, is earnings-related

Depending on the qualifications, the hourly wages for temporary agency employees may vary. In the lower wage groups of companies many employees work at the collectively agreed minimum wages. Low monthly earnings are a credit decision criterion for many banks and credit institutions. Medium-term or long-term loans are therefore rarely given by the banks when income is low. If the applicant has a positive credit rating, however, the inclusion of a small loan is usually possible.

If the branch bank where the salary account is set up has a long and good business relationship, it can also be thought about the inclusion of a disposition credit. As a rule, the amount of this credit line is between two and three months’ salary. Note, however, in this form of credit, the high overdraft rates, which vary from bank to bank and are usually settled on a quarterly basis. In addition, a repayment credit can be terminated by the bank if the requirements are not met by the account holder.

A loan is usually a long-term capital commitment

A loan is usually a long-term capital commitment

Before borrowing, it should be checked in each case whether a loan is actually needed. Especially with low earnings, many workers are unable to cope with additional credit burdens, which usually last for a long time. If loans already exist, many borrowers quickly lose track of their monthly obligations and can not meet their payments.

Advice from a bank and a comparison of different loan offers are therefore advisable. Anyone applying for a loan in spite of temporary employment should also have full legal capacity, have reached the age of 18 and have a positive private credit information.

Corporate Loans – Business Loans

Business loans are largely a bank loan for companies, a corporate loan. However, as in several other respects, it may differ somewhat between how one goes about private individuals and companies. There are several ways for entrepreneurs to borrow money.

Business loan for business concept

Business loan for business concept

If you have a business idea, you may need external financing to realize this. If you have a company, one way to get funding is to apply for a corporate loan. You then go to a lender and present your business idea, it is also important to have a business plan. The lender, for example a bank, will review the business idea and not least the business plan and the budget to make an assessment. The risk in the business concept affects the outcome, both as to whether one gets a corporate loan and the amount that one can borrow. Even you who are looking for the loan, your personal finances and your relationship with the bank can influence. This is because the lender needs to make an assessment of the ability to repay the loan. The process and conditions may also differ between whether the company in question is a legal person.

Business loans

Lender

When applying for a corporate loan, there are different types of lenders. For example, you can go to the bank where you are already a customer, another bank or an investor. You can also apply for corporate loans via Almi. There is no upper limit for corporate loans, but applies to companies with a maximum of 250 employees. There should also be a co-financier for these corporate loans.

Business plan and budget

Business plan and budget

If you have a business idea that you are looking for, you need to prepare properly. The better prepared you are and have a well-worked business plan, the greater the chance that you will get a business loan.

You need to be able to show that your idea will be profitable and that you have a functioning and sustainable plan. The lender of course wants to have his money back and will make an assessment thereafter. If you cannot show a good plan with a reasonable budget, there is a risk that they will deny you a loan. You therefore need to convince the lender that you will be able to repay the corporate loan. This is best done by reading properly, doing his homework and being prepared for all questions that may come. Check your industry, investigate your competitors, calculate margins and profitability, and be realistic. Figures such as “if I get 5% of the market I will earn millions” are often not enough. You also need to justify how you will actually get 5% of the market you are targeting.

There are several television programs when entrepreneurs seek financial means, such as Dragon’s den, Shark tank and the Swedish Dragon nest. There you can get tips on both good and bad ways to apply for funding. Going to a bank meeting is not as dramatic as in the programs that are aimed at TV viewers. But by listening to what the investors are asking for, you can get tips on what you need to read about.

Business loans

Security for corporate loans

Another important aspect is what security one can bring up, this can be crucial for whether or not one gets a corporate loan. The security may consist of, for example, properties or land, which has a relatively high value. You can also use some form of bail. For example, it can be a guarantor who is obliged to pay the loan (if the company cannot pay). A guarantor can either be one, for the company, outside person but also the owner of the company.

The important thing from the lender’s side is that the guarantor has good finances. If a person has slack private finances, this can be considered too uncertain to be a guarantor, the economy needs to be stable. This is because the guarantor’s economy needs to be sufficiently good for the loan to be repaid. Another important aspect of the guarantor’s side is that one really thinks through and is confident about his thing before agreeing to become a guarantor. For the same reason, if the company cannot pay the loan, the guarantor is liable for repayment.

Different types of business loans

Different types of business loans

A variant is a traditional loan, often it involves a larger amount of money and the loan is paid out in a lump sum. The loan then often goes for a special purpose as an investment in the form of new machines or modernization of the company.

Another variant, which is quite common, is that you have a check credit. ChekkerCredit is generally used to get better liquidity in the company. One can, for example, use check credit to pay ongoing costs if one is lying out with money while waiting for payment for invoices issued. When one’s customers have paid the invoices, the money is returned to the overdraft facility. It thus works much like a credit card, since one can use the credit before salary and then pay back on wages. As with credit cards, interest may be added if you use the credit.

Loan for self-employed small businesses

Online loan for self-employed and small businesses

Online loan for self-employed and small businesses

A loan for self-employed small businesses is difficult to obtain today. Especially for small companies, it is difficult to get a small loan from the house bank. Alternatively, the Internet offers an online loan for the self-employed as well as small businesses. An advantage of online credit is that even small amounts of credit can be financed. Also, as far as conditions are concerned, an online self-employed loan is often more attractive to small businesses than bank loans.

Contents Self-employed loan for small businesses

Contents Self-employed loan for small businesses

  • Online loan for self-employed and small businesses
  • Data and documents for checking the online loan
  • State grants for the self-employed and small businesses
  • Personal loans for the self-employed and small businesses

Data and documents for checking the online loan

Data and documents for checking the online loan

The following data and documents from the self-employed and small businesses are required to verify an online loan application:

Data on the loan object

Data on the loan object

  • Amount and duration of the loan
  • Purpose and a brief description of the company

Data about the company

Data about the company

  • Name, address and legal form of the company
  • Further information on the founding year, annual turnover, sector and the number of employees

Data from the managing director

Data from the managing director

  • Name, address, date of birth, nationality and passport number from the managing director
  • Schufa information

Documents for the online credit check

Documents for the online credit check

  • ID card copy from the managing director
  • Annual financial statements of the last two financial years
  • Balance sheet and income statement of recent financial years
  • Business evaluation of the current financial year

After you have submitted all the data and documents in full, your online loan request is no more obstacles.

State grants for the self-employed and small businesses

State grants for the self-employed and small businesses

Anyone who, as a self-employed person and a small entrepreneur, does not apply for and receive government grants and subsidies, will be giving away cash. For self-employed and small businesses, government grants and subsidies are available from the federal government, the federal states and the local authorities. There are various institutions for self-employed and small businesses where these government grants and grants can be applied for. First and foremost is KfW Bank, which operates nationwide, as well as the individual promotional banks in the individual federal states, which provide various subsidy programs for the self-employed and small businesses.

Personal loans for the self-employed and small businesses

Personal loans for the self-employed and small businesses

The world is changing more and more. As an alternative to bank credit, personal credit is increasingly on the rise. Here, the money comes not from a bank, but from several individuals and investors. There are now private credit intermediaries for the self-employed and small businesses on the net. With a personal loan, it is easier to finance a business idea. A personal loan is more flexible in terms of the interest rate and the repayment period, but also the collateral is more flexible negotiable.

A business credit

Which business credit card can you request from Malfoy?

You can request a business card from Tinkerbell at Malfoy. According to Leslie Hogriders of Malfoy, Tinkerbell simply came out of the test for their customers. Before that they already spoke with other well-known credit card providers. With Tinkerbell, a society has been chosen that has shifted its focus extra to the Dutch market. Tinkerbell is also known for its service orientation. Malfoy customers can also have a good savings program with this business credit card.

Benefits Tinkerbell credit card for entrepreneurs:

  • A lot of service.
  • Use savings program.
  • Do not pay a card fee in the first year (for Tinkerbell Business Green Card).
  • Thereafter also no annual contribution to pay if at least 2500 euros per year is spent with the card.

Self-employed people more often use business credit cards because:

… they are insured for one hundred percent in case of theft and fraud.
… it is useful to make purchases online with a business credit card.
… they can benefit from cash flow benefit (deferred payment).
… it is easier to make international payments with it.
… it is useful to organize and view all expenses.

Secure payment

With the Tinkerbell Green Card from Malfoy you can always pay safely anywhere. This way you are always protected against fraud and theft. Have you lost the card or has it been stolen? Then the transactions are not for your account. In addition, you are additionally insured for loss of your baggage, travel accidents and flight delays. Of course you must have paid the trip with the Tinkerbell Green Card from Malfoy.