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Business loans for the self-employed

Corporate loans for the self-employed

Corporate loans for the self-employed

Corporate loans: Where does a self-employed person get a loan? Especially as a company founder of a small start-up it is not easy to get a loan. Where do self-employed people get a corporate loan? Self-employed or freelance – is there a difference? In general, it can be said that it is completely irrelevant whether it is self-employment or gainful employment. In both, it is difficult for the start-up founders to make a loan application.

For banks, lenders and other donors, employment is a substantial guarantee of the security by which the borrower regularly earns a salary. With increasing duration of employment (keyword indefinite employment), it is easier to obtain a loan. But just this security is lacking the founders completely. Of course, especially people who have just set up a “fresh” start-up can not prove that they have had many years of activity in their own business.

This eliminates a material safeguard that is essential to obtaining a loan. From a banking perspective, therefore, it is a high risk potential to lend a donor a loan application – precisely because this security is lacking. Anyone who has started his own business as an individual must provide for private-level coverage.

If all payments have been made on time and no major liabilities are known, a good credit rating is a good starting point for a loan application. Whether at the bank, a local financial institution or on the net – credit bureau information is the benchmark and is obtained in advance by the lender.

A lender usually examines the state of the borrower. Which type of credit should be used? If you are an independent or freelance entrepreneur, you have several options to choose from. In general, it is important for both the borrower and the lender, whether the document is intended for private or business use.

Dedicated bond 

Dedicated bond 

A dedicated bond has the merit of being – as the term implies – used for various purposes. It does not matter if it is a personal or professional career. Every company founder who decides to take out a corporate loan has to consider a few things.

Especially in the start-up area, it is often a particularly creative or inventive idea that encourages the company founder to start their own business. On the other hand, a business plan is also important evidence to attract potential investors. It does not matter if the employee of the house bank is to be won over by the business idea or a lender.

The following is the 3-year plan, which uses the available data to test whether the business idea is feasible. This is very important for the lenders. Business planning is not only an important tool for the commercial bank, but also for other potential creditors. Anyone who only needs a loan for business purposes and is about to start a new business can rely on a large number of start-up loans.

The ideal contacts are the Intrasavings. The focus is on the company idea. Thus, the jump-start of the BA is aimed specifically at the unemployed, who escaped from unemployment by founding a new company. If you are not looking for a specific business loan, you have other options to get a short or long term loan.

There are now a large number of credit portals that help getting a loan from a private person quickly and cheaply. Current comparison shows that self-employed installment loans are particularly straightforward and inexpensive. Often the most recent income tax assessment is sufficient to be accepted as a borrower.

Of course, this also applies to the sum and duration of a particular bond. So the chances of getting a loan as a start-up are not so small. If the business is good, in practice the vendor may be able to persuade quickly. Incidentally, many donors prefer a case by case assessment and endeavor to evaluate the credit rating on a case-by-case basis.

Once potential lenders have been identified, it is advisable to consider not only the line of credit but also the terms of the loan. For many years he has been working for professional journals and as a freelance writer on various market and business topics. With his pronounced technical affinity he creates as Franconian cheerfulness in his work always a balance between lightness and extensive know-how.

Savings Bank Loan Interest

Just pay as with the Sparkassen-Card (debit card) disposition credit (granted overdraft). to turn this loan into an interest-free loan. Information and comparisons to daily allowances, time deposits, mortgages, checking accounts, loans, insurance. The safe fixed-rate system should be filled as quickly as possible with such small CREDITINS.

Loans and financing 

Loans and financing 

Note: Due to maintenance work, online banking is currently not available. Try it again in due course. Short-term information needs, larger purchases and your own four walls: Take a look at the financing solutions offered by your savings bank here. In every life situation: the credit solution of your savings bank. Find out which loan is best for your project.

With the online loan platform CreditCorner, which is dedicated to SME financing, the stockbroker flirts with an expansion of its business activities.

With the online loan platform of the Astro Crediter, which has committed itself to financing SMEs, it flirts with an expansion of its business activities. Through cooperation with credit institutions and ever more sophisticated creditworthiness analyzes, the Frankfurters want to continue to expand. fir – Between June and August CreditCorner brokered unsecured loans of over 30 million and more.

At EUR 15.4 million, revenue in the third quarter was almost the same as in the first half of the previous year. It is not a good year for the Spanish banks. Of course there are also external influences such as the situation in Italy, the Brexit crisis or the crises in the emerging markets ……

Among the most common and then appearing in our minds photos are determined by market research, the beer themes, the Oktoberfest, the Oktoberfest, ….. For private customers in the network, the rail connection for German high-tech companies has probably already left. The situation is much better for Industry 4. 0 and the Industrial Network of Things, where domestic suppliers are gaining from the global capabilities of the German mechanical and plant engineering sector.

Trade disputes, budget talks in Italy and a mature economic cycle are making investors increasingly nervous. The uncertainty factor of an aging society is growing: pension reforms, permanently low interest rates and unstable markets make it difficult to start your own retirement plan.

Loans: The boom in the real estate industry is driving German citizens into a risk.

Loans: The boom in the real estate industry is driving German citizens into a risk.

However, the Germans are loyal to one thing when it comes to credit. Instead of “just not guilty,” the new credo is “no fear of credit.” In order to realize their own four walls, buyers of real estate had to borrow an average of 234,000 EUR. This was around EUR 30000 more than in the same month of the previous year and still around EUR 40000 more than in 2016. The development trend towards increased indebtedness is reflected in the key figures of the financial services company Dr. Ing. Small.

At 81.6 percentage points, the debt financing portion of the real estate value, the so-called loan-to-value ratio, now exceeds the 80 percent mark. It was not until 2016 that property owners and owners contributed significantly more than 20 percentage points of equity to their investment, and the average loan-to-value ratio was between 76 and 78 percentage points. On average over the past ten years, real estate prices in Germany have risen by almost 50 percentage points.

If you want to buy something now, you have to issue much larger loans. The situation in Berlin shows how much this affects the prospective buyers. For the financing of a private property, an average of 193,000 EUR was requested in 2013. Just five years later, according to the internet portal Immobilienscout24, which was created on the basis of credit reports on its website, it averaged 325,000 EUR.

This was shown by the repayment installments of 2.71 percentage points, which, however, were well above the proposed two percent mark. For example, Dunkert Bank sees 15 to 30 percentage points of overpriced objects in hip big cities. The value of loan collateral threatens to overestimate, the Bundesbankiers write recently in their Financial Stability Report. Average debt has fallen in recent years from around 110 percentage points of disposable income to around 90 percentage points, while the percentage of home loans has fallen from over 70 percentage points of disposable income to around 65 percentage points.

However, the trend reversal point has now clearly taken place. In the construction loans, the income burden increases again. This is also reflected in the growing business of Baufis, because the loans are called in jargon. The total volume is now growing by around five percentage points, which is the highest in several years. An attempt is made to make the loans as predictable as possible.

You choose a long maturity on the bonds to get the low interest rates for as long as possible. You do not want to fall into the trap of refinancing if conditions are much better after the loan expires. The borrowers have according to the information of Dr. med. Klein set their current interest rates for over 14 years.

How much building loan Do I get


A car loan is a loan that is expressly earmarked and may only be used to finance a new or used car. Particularly clever in this context is a credit comparison, because the cost differences between the individual loan offers can be enormous. But such loans are costly and not suitable for normal earners. How much credit can I get on what income and how much credit can I afford? How much credit is possible for me?

How much credit do I get – building loan (home purchase)

How much credit do I get - building loan (home purchase)

Each house bank has different lump sums for a revenue and expenditure account in order to set a financial framework. When I come to a house bank, I’m going to marital status, children, salary and then I’m told that you would receive from us a loan of X EUR, we assure you. This varies from house to house, each house bank calculated with different lump sums.

Can these be calculated realistically in one place – what loan amount would you receive? Good day Rosi, we have such a tool that tells you in a few steps how many loans you are expected to receive from the house bank. It combines up to 80 credit institutions. If you get a specific quote, all the data will be taken into account and you can count on getting the best conditions.

All individual rules of the credit institutions (eg various lump sums) are observed “in the background”. It’s easy not to go to 80 banks yourself and fill in everything every time.

How much credit do I get? Settlements (Bank, Economics)

How much credit do I get? Settlements (Bank, Economics)

1,600 EUR net income means: He needs about 1,000 EUR for his whole year and the base cost of the home. There are still EUR 500 left to cover the loan. I have no idea where you want to go shopping, but we assume a local rent of 9 EUR per square meter. For example, the house bank would charge EUR 4.50 for a rentable area of ​​70 square meters.

So there are still 70×4,50 = 315 EUR income. We now have a funding of 815 EUR, which should be sufficient for interest and amortization. Because your 20,000 EUR on the transaction fees. In addition there are brokerage fees (about 5%), real estate transfer tax (about 2%) as well as notary and cadastral costs (about 1%) – with a property of 200,000 EUR remain 4,000 EUR “equity”.

Let’s get back to the 815 EUR. Because it has to be considered that the interest rates can rise after 10 years and even then the amortization still has to be guaranteed. The calculated (not the actual) amount is 2.5% plus 1% amortization, ie 3.5% equals EUR 3,500 per EUR 100,000 per year.

A triad: 12 * 815 = 9780 EUR divided by 3,500 EUR / ~ corresponds to a maximum of 280,000 EUR loan. The effort would amount to a maximum of EUR 280,000. From the share capital (assuming 20% ​​and this becomes the low income house bank) it would be at most 80,000 EUR (because 80,000 EUR means 6,400 EUR extra costs, ie 13,600 actual own funds).