Business start-up or investment: The search for the right corporate loan. The term “corporate credit” is an umbrella term for various loans offered to business customers and the self-employed. For example, seed capital is needed to start a business. A corporate loan is any loan that is paid out to independent companies and used for corporate financing. For many small and medium-sized enterprises (SMEs).
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Apply for your company loan of 10,000 – 250,000 with a maximum term of up to 60 years. Even if the loan is repaid early, you will not be charged any prepayment fees. Especially self-employed, freelancers and small and medium-sized companies, we want to show a straightforward and easy way to obtain a business loan.
With the digital course, you can submit a loan application transparently and easily. The credit inquiry and the loan financing of your credit project take place over the Internet and thus independently of the bank. Our loan specialists are always there to answer inquiries. Send us your free loan request via the Internet and you will receive feedback from us within a few days.
Business start-up or investment: looking for the right corporate loan
The start-up loan is a loan for start-ups and self-employed who want to increase their equity. They are granted not only by the traditional banks in the branches or as online loans, but also by the Kreditanstalt für Wiederaufbau and by some Länder and local authorities.
Since the loans are intended to support the development of the business or its professional development, they are granted to self-employed persons, companies or self-employed persons in the start-up phase. The start-up loans are usually long-term with repayment terms of between five and ten years. The amount of the possible loan depends primarily on the type and extent of the business activity and the interest usually on the creditworthiness of the investor.
The name of this company loan already illustrates the purpose for which the self-employed or the company files the loan application. An investment loan essentially serves to finance facilities that are permanently made available to the company, such as production facilities, land, warehouses or lorries. Another special feature of this company loan is that it is a medium to long-term loan. Second
For larger expenses, such as the acquisition of land or business premises, terms of more than ten years are a matter of course. As far as interest rates are concerned, credit institutions generally have a relatively high negotiating margin, which often depends on the size and local importance of the business. For example, if a company requested a loan from the local bank for a regional investment, interest rates are often better.
In addition to the credit institutions, these are also the federal states, cities and municipalities, which often enforce support measures. However, this usually only applies to investments of companies of regional importance. When it comes only to the purchase of new office equipment or a new computer system, a conventional house bank can be used. Credit Calculator can help you choose the right loan.
With this company loan, no loan amount is paid, but the house bank enters into a guarantee obligation to a third party. Therefore, the house bank does not provide capital to the bank customer, but guarantees only with their name. The borrower therefore does not have to pay any interest or loan installments. Only a commission is levied, the amount of which depends on the respective default risk and the duration.
An example of a guarantee facility would be a public call for tenders. Here, the house bank guarantees that the company meets the requirements. Thus, the credit rating is checked in advance by the house bank to vouch for the city administration. Traders do not have to tie up funds and can use them for other purposes.
This corporate loan is granted to self-employed persons and companies that co-finance the purchase of goods. As a rule, this is not a installment loan, but a so-called framework loan, which the borrower has at his disposal. As a rule, however, the lender sets a certain minimum repayment.
Commodity lending is a widely used form of lending and the common form of pre-financing, especially in the retail sector: lending is usually prefinanced, but even if a company manufactures goods, it must first provide materials for manufacturing the products. The same applies to craft companies that purchase certain goods for subsequent assembly or processing on behalf of their customers.
In any case, the contractor must pay in advance: He must first finance the goods themselves and receives the expenses incurred back after conclusion of the contract. Small craft companies in particular often rely on short-term loans, for which a goods financing loan offers due to its flexible handling. With the repayment credit, self-employed, companies and freelancers have short-term liquidity at their disposal to overcome financing bottlenecks.
This corporate loan is thus a form of intermediate loan. Overdrafts for corporate clients are in many ways comparable to overdrafts for individuals. For example, a current account loan must be registered with a house bank and completed as contractually agreed. For this company loan, the house bank grants a credit line, which can be used as needed.
The debit interest is calculated as for an overdraft only for the partial amount used at the end of the year. As with overdrafts, this is usually not the cheapest form of the loan. Due to the comparatively higher interest rates, overdrafts are particularly suitable for the short-term coverage of liquidity.
In all other cases, the above variants are much cheaper.