Credit for company formation

The founding of one’s own company requires a lot from the founder: in addition to courage and a certain flair for the business, a detailed business plan and the financing of the company are required before the company can establish itself on the market. Especially the latter, the financing, raises at the beginning most questions. Which bank declares its willingness to take the risk of default if the company fails? The Intrasavings bank (Reconstruction Loan Corporation), or Intrasavings Bank for short, offers several solutions in the form of promotional loans. Which programs are suitable as a loan to start a business and what is required for an application will be determined below.

The Intrasavings start-up loan Astro Finance

The Intrasavings start-up loan Astro Finance

The Astro Finance is a loan granted by the Intrasavings and funded by the European Union, which is aimed directly at start-ups who are looking for a loan to start a business. As a result, can be financed in a relatively favorable manner operationally necessary investments and resources. The maximum subsidy amount is 100,000 USD. A typical feature of Intrasavings Bank is its favorable interest rates, which are often far below the market average. In the present case, the effective interest rate is a favorable 3.71%.

The Astro Finance can also be used as a loan to start a business even if your own company has so far only been a sideline. But it must be geared towards becoming the mainstream medium-term acquisition. The loan can be used to cover all costs incurred by the company, such as procurement, raw materials and supplies or personnel costs. Of the granted 100,000 USD, however, only a maximum of 30,000 USD may be used to finance working capital.

Also in relation to the other conditions, this loan is particularly entrepreneur-friendly for starting a business. The term is either 5 or 10 years. At 10 years, however, the effective interest rate rises minimally to 3.92%, which is still well below the market average. In order to avoid being burdened by a debt service immediately after its founding, Intrasavings grants the borrower one or two grace-free start-up years, depending on the term of the loan. During this time, the company can establish itself in the market and repay the loan later.

The Intrasavings Start-up Loan Universal

The Intrasavings Start-up Loan Universal

If a loan is needed for the formation of a company, the amount of which should be higher than 100,000 USD, then the Intrasavings Start-Up Loan Universal is more likely for the applicant. It can also finance larger start-ups as long as the company is a small or medium-sized enterprise (SME). About this loan will be provided up to 10 million USD. However, the prerequisite for this is a well thought-out, precisely planned and, above all, sustainable concept, which has positive future prospects.

With this credit for starting a business, all the costs incurred by a company can be financed, as long as they can be linked to the actual operating activity. Unlike the Intrasavings Astro Finance, this program can also be combined with other public funding.

The interest rates for this offer are determined by the house bank through a risk-adjusted interest rate system, with which Intrasavings loans are usually concluded. Several factors, such as the creditworthiness and the quality of the collateral offered, play a role in addition to the general economic conditions on which the business plan and industry have an influence.

With this loan for the establishment of the company, grace-free start-up years are also possible, which are based on the term of the loan, which can amount to a maximum of 20 years. The interest rate is fixed for a maximum of 10 years. During this fixed interest period, an unscheduled repayment is also possible without a prepayment penalty.

Loans without credit check?

This is something you should not expect to find at all. In the past, not all lenders looked up those who wanted to take a micro loan, but this is no longer the case. Lenders must do a credit check. If they fail to do so, they will not follow the rules imposed on them as lenders.

That the lenders do a credit check should be

That the lenders do a credit check should be

Seen as something positive as it only means that they look up if the economy is strong enough to be able to borrow the money or not. If this test shows that there are not sufficiently large financial muscles, it is also not a good idea to borrow money as this can lead to much bigger problems in the future.

Therefore, if you are denied a loan, you should ask yourself why this lender does not think you are a good enough customer for them to want to lend money. Their goal is not to deny applications if they think the applicant’s finances are good, since then they do not make any money. Maybe this is a sign that you should not borrow any money.

Differentiates different lenders is their way of testing

bank

Whether someone should be approved or not. Many lenders, for example, automatically reject an application for active payment remarks. Others approve these applications if the economy is otherwise good. It is often the larger banks that have rules that say that applications from persons with complaints should not be approved.

Now it should be said that it can be possible to borrow from these too if there are remarks, but this is not common and a personal meeting is then required where you explain your situation. However, do not expect to be approved even if your finances are very good. If you have complaints, it is instead the lenders who have focused on these types of customers that are the biggest chance.

Then there may also be differences

bank

In the requirements that are made depending on the size and type of loan. It goes without saying that there is no need to impose as stringent requirements on someone who is to borrow USD 10,000 as someone where a loan of 5,000,000 is on the wallpaper. If there is something that can stand as collateral (eg a house) this also affects what requirements are set.

All in all, a credit check is therefore a good thing as it is to secure the borrower’s finances. This is something that both the borrower and the lender benefit from.

Money – Borrow money without credit

The world we live in today is all about just one thing, namely money. Without money it is not possible to live and to meet the many costs that daily life entails. Making money is of course the first thing to take into account, but also the periodic saving of a certain amount of money is important to guarantee a good future. Would you like to know more about this? Then read on and discover everything about not only saving money, but also borrowing money.

Save money

Save money

Nowadays it is no longer obvious for many people to be able to save money. The reason for this is not far to be found. The supply of work is under pressure and people are constantly confronted with higher costs. In particular, fixed costs such as water, electricity and the payment of a mortgage put a lot of pressure on the financial situation of many families. It goes without saying that nowadays many people can hardly save anything anymore and that is a shame, because putting a little money aside for the future never hurts. What will happen if you suddenly run out of work or if you fall ill at a certain moment? In such cases, it can be very interesting to know that somewhere there is a savings account with a lot of money waiting for you. If you still want to save a little without feeling this too hard in your financial situation, it certainly doesn’t hurt to try to set aside a small amount every month.

When to borrow money?

When to <a href=borrow money?” />

Basically, borrowing money is not really interesting. Why? Very easy. When you borrow money, you get a certain amount, but you always have to pay back more than you originally received in your account. In other words, borrowing money always costs money and so it is important to try to avoid this as much as possible. In certain cases, however, it is imperative to borrow money. Consider, for example, the purchase of a car or a house. Such investments are so large that nobody can just finance them with their own resources. Anyway, if you are planning to make a large investment, you will first have to prove to the bank that you have sufficient guarantees before you can actually borrow money.

Credit for training

Education is something that is usually worth every penny you invest in it. Those lucky enough to receive training from the employer need not worry about the costs involved. But if you want to improve your knowledge without an employer, you often need a loan for further education. Special loans for this purpose, however, are few and far between in the market, so any remaining alternative qualifying as credit for training should be scrutinized and calculated.

What options do banks offer?

What options do banks offer?

The way to your own house bank is usually the first to be taken on the way to credit for training. Many credit institutions now have training credits, especially for students, but these are rarely used. Because here are strict conditions that can rarely be fulfilled if you are working or want to stay on the side. Student loans, for example, are linked to the completion of full-time studies and also require that a certain maximum age not be exceeded, up to which the credit can be taken.

Those who want to take up further education in the form of a distance learning course will do so mostly on a part-time basis and therefore find little opportunity to have their studies financed cheaply. But distance universities rarely require that the costs be paid in one fell swoop. Instead, they offer monthly payments that can be funded from current income.

Anyone who is not sure that they will be able to bear these costs month after month should think about taking on a disposition credit. Although this is relatively expensive compared to the traditional installment loan, it can be used much more flexibly. It is best suited as a loan for further education if the monthly income is sufficient to pay for the training, but one wants to maintain a higher level of liquidity in order to be able to resort to larger sums in the event of a fall ,

The credit line is comparatively easy to apply. Often, a short conversation with the bank or an informal letter is enough to enable them to clear the account for the customer. However, because of the higher interest rates, it is recommended that the repayment of the amounts should not be delayed too long. Disbursed loans are more a way to offset short-term financial bottlenecks, but less a solution for medium to long-term funding.

If neither a student loan nor an out-of-date loan qualifies as a loan for further education, there is often only the alternative of concluding a classic installment loan. Of course, this can not be used so flexibly, which is why at the beginning of a larger sum is requested. However, since the cost of training often comes in monthly installments, the excess amount should be invested unless there is a large amount to negotiate that may involve benefits.

Bavarian fee loan

Bavarian fee loan

On the other hand, people living in Bavaria are lucky. An extra-occupational study program can be financed here by a favorable KfW loan. This program was developed especially for working people and is intended to promote their professional further education in the form of a bachelor’s program. This loan bears the name Bavarian fee loan and therefore refers only to the payment of tuition fees incurred.

The amounts are not paid to the applicant, but directly to the university, where it is enrolled. With a borrowing rate of 3.29% per annum and a payout of up to € 3,000 per semester, studies can be financed relatively cheaply with a loan for further education.

13000 USD Loan

A 13000 USD loan falls into the range of small loans.

A 13000 USD loan falls into the range of small loans.

Numerous banks and credit intermediaries offer instant loan loans that can be easily applied for online. But which loan is really cheap, this only becomes apparent in the direct comparison of the loans. The three cheapest providers, when it comes to a 13000 USD credit, are relatively close together and yet worth the comparison, in terms of the total cost. The top provider is the Meno Bank with a credit-based 13000 USD loan, which offers an interest rate of 4.29 percent to 10.99 percent.

With a maturity of 48 months and a good credit rating, the monthly credit rate is $ 294.74 and is therefore unbeatable. Low-cost is also the credit offer of online credit. Depending on the credit rating, the interest rate varies between 4.35% and 10.90%, meaning that for a 48-month term, the monthly burden is the most favorable at $ 295.08. Closely followed by online loan from the offer, for a 13000 USD loan, the EC Bank. EC Bank offers an interest rate of 4.40 percent to 11.96 percent, depending on its credit rating.

The monthly installment with a maturity of 48 months is ideally $ 295.36. Many other providers offer a 13000 USD loan with similar favorable conditions and so it is worthwhile to gain an overview of the market.

Some conditions should be met

Some conditions should be met

To apply for a microcredit, the applicant must be of legal age. In addition, a residence in Germany is needed. Very important is that there are no negative credit bureau entries. Another must is a permanent employment.

This must already exist for at least 6 months and may not be temporary. If all these points can be met, borrowing is no match. The better the credit rating, the cheaper the interest rate and so it is worthwhile to check exactly which provider really holds the cheapest offer for personal credit needs. While the loan application itself can be completed and sent online, proof of employment must be submitted by post. However, this is not a problem, since the post office also directly identifies the identity. For immediate planning security, most providers rely on small loans with immediate approval.

January 2013 real estate loan rate

 

 

Real estate credit rate updated in January 2013

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Current loan rate January 2013

The average rate of mortgages has fallen by 0.72% since March 2012. In December 2012, this rate fell to 3.23%. This is a new historical decline!

Credit rate January 2013: new historical rate cut!

Credit rate January 2013: new historical rate cut!

This rate cut concerns both new and old investments. As a result of the banks’ aggressive commercial strategy, this unprecedented rate cut allows them to limit the fall in activity on the real estate market. It should be known that the total credits granted in 2012 fall by 33.1% compared to the previous year.

For this month of January 2013, mortgage rates are very attractive: 3.20% over 15 years and 3.65% over 20 years. In addition, it is now possible to win good records of 0.10% to 0.30% by playing the competition between banks. According to “Meilleurtaux”, a borrower in Strasbourg has obtained a borrowing rate of 2.75% over 20 years!

January 2013 real estate borrowing rate

January 2013 real estate borrowing rate

Real estate borrowing rates should remain at a very low level until the spring of 2013. Banks with favorable financing conditions, they are looking for new customers by highlighting their home loans.

If you are currently repaying a home loan, now is the time for you to renegotiate its rate in order to lighten your monthly payments and / or reduce its duration.

 

Insurance for loan borrower sport risk volley ball

 Do you practice a sports activity, volley ball and you want to garanvolley ball at best a loan in progress? Check out our special file borrow with risk sport volley ball…

For a new loan, with guarantee related to sports risks volley ball

For a new loan, with guarantee related to sports risks volley ball

The same sports borrower can search, find and take out an external credit insurance at the bank. To compete, the broker specialized in sports risk management volley ball will find the best insurance contract for loan. Tip: Contact sports associations for specific information before subscribing.

Mortgage loan: take out a loan insurance adapted to the practice of volleyball

Volleyball

Volleyball

Volleyball is a collective sport that is usually played in the hall and which opposes two teams of 6 players whose goal is to send the ball over the net to bounce in the opposing team’s zone or that it commits a fault.

Real estate loan insurance

Real estate loan insurance

Loan insurance is an inseparable part of a loan. It provides death and disability coverage to borrowers and allows the bank to protect itself against a possible default by the borrower, caused by a situation covered by the contract. When applying for a home loan, the bank offers its “home” insurance, the group contract (standard group insurance). You are however free to subscribe to an individual credit insurance from an insurer external to it, it is called insurance delegation. The Lagarde device allows you to delegate your insurance loan in order to give you the opportunity to compare offers and opt for the insurance contract loan that suits you best, whether in terms of price or guarantees.

Set the risks volley ball

Set the risks volley ball

  • Lesions, fractures, muscular problem
  • Opposing two teams consisting of 6 players volleyball is a sport designed to hit a ball specially made to play with the hands over a net stretched horizontally.

The principle of volleyball

Volleyball is a sport that requires precision and speed on the part of every player. The team that reaches both games with 15 points wins. Apprentices of the college volleyball is often played on a rectangular sports field with a horizontal net.
It is one of the most practiced sports in the world.

Volleyball: attention to exclusions

If you practice volleyball on a regular basis, the insurers you meet may be led to refuse to insure you for this sport because they consider it “at risk”. To check if the practice of this sport is not supported by an insurer, you must read the exclusions of the contract. You can ask to have this exclusion removed but you will have to pay a premium, which will increase the cost of your loan insurance.

For a current loan, with guarantee related to sports risks volley ball

For a current loan, with guarantee related to sports risks volley ball

Are you really well secure for your loan with volleyball practice?

Check your current loan insurance contract to define the important points to modify, if there are points to improve you can easily negotiate the loan insurance change with your bank, it is in your interest but also that of the beneficiary of this insurance. Advice: Consult the file change assurance for loan real estate on our site

The volley ball expertise of the loan insurance broker

The sports borrower can subscribe to a tailor-made insurance, according to the risks of his sport volleyball practice. The volleyball sport called at risk can be covered correctly during a real estate loan with the loan insurance sport volley ball tailored by the broker with short deadlines.

 

Insurance for real estate credit

Opting for insurance delegation with loan insurance

Opting for insurance delegation with loan insurance

Created in 1977, the Sellozar group is a wholesale broker that designs insurance products and offers them to a network of brokers responsible for distributing them. He is the second largest French multi-specialist wholesaler.

Unlock the cheapest loan protection on the simulator

It now covers all the insurance needs of individuals. Thanks to a market-based approach, it is able to offer its insureds comprehensive insurance packages and provides its intermediary network with competitive solutions.

Choose freely a Sellozar loan insurance

You do not have to accept the group insurance contract proposed by the bank and can take out your loan insurance with the insurer of your choice. This gives you the opportunity to play the competition and find the individual insurance contract that will be the most advantageous.

Compare your insurance loan Sellozar

Compare your insurance loan Sellozar

In order to make the best choice, do not hesitate to use an online loan insurance comparator. Its use will allow you to compare in detail many offers from different insurers. You will be sure to choose the best offer on the market! The search for the best insurance offer may require a lot of time, it is recommended that you go through a broker specialized in loan insurance. The broker can negotiate your loan insurance Sellozar and present you the best offers of the largest insurers.

Cogilaw Act in 2012

The best way to give borrowers freedom of choice, by obliging credit organizations to accept an external loan insurance delegation:

  • if the contract contains less than equivalent guarantees
  • by obliging the banker to indicate the reasons in case of refusal
  • also forbidding him

Furcem Act in 2012

Prior to the Cogilaw Company, the Furcem law tries to untie the credit insurance by prohibiting tied selling “package” credit + coverage (housing, credit, resale)

  • The Furcem law can be reminded to the banker to impose his choice of loan insurance delegation.

Guide to getting the best loan insurance delegation

Guide to getting the best loan insurance delegation

  1. Simulation Online Calculator Online
  2. Pricing loan insurance
  3. Realization of a contractual offer
  4. Membership in the day (without medical)

 

The mortgage: become an owner

The purchase of a house or apartment is one of the most important choices of your life.

We offer you very advantageous home loan solutions, without stress and at a minimum cost.

Mortgage centralization: centralize all your credits in one

Mortgage centralization: centralize all your credits in one

Consult HERE our mortgages or mortgage grouping formulas for individuals and ICI our formulas for independents!

Who is the mortgage intended for?

Who is the mortgage intended for?

What if you stop losing your money and start investing sustainably in property? With the mortgage, you can become a homeowner! Instead of paying your rent each month, you pay off your mortgage. With the same amount spent per month, you invest to become an owner.

To be a tenant of one’s home is to invest in lost funds. Money we will not see again. With the mortgage loan, you can become a homeowner at the price of a rent. The mortgage is a mortgage to finance the purchase, construction or renovation of your home. It’s a long-term investment.

Real estate is expensive and it is often difficult, if not impossible, to acquire property on own funds. Credit or mortgage loan is the solution!

The mortgage loan, for whom?

The mortgage loan, for whom?

Broadly, the mortgage loan is for people wishing to become homeowners. Thus, this credit makes it possible to finance the purchase of a house, an apartment, etc., but also, the construction of a property. But the mortgage is also for those who want to renovate or transform a home they already have.

How does the principle of the mortgage work?

How does the principle of the mortgage work?

Mortgages are often synonymous with big money. As a result, the financial institution that lends you the money needs collateral. As the name suggests, a mortgage is a mortgage of your property. Throughout the loan repayment period, your home is pledged. If you are unable to repay your credit, the company is assured of recovering its money

Before granting you this loan, we will obviously check your creditworthiness and analyze your repayment capacity. Your income and expenses will be reviewed so that these charges plus your refund do not exceed 65% of your income.

You have understood that by signing this type of credit, you agree to repay the capital, but also to pay interest. Know that there are tax benefits to take out a mortgage, which offsets some of these costs.

The tax advantages of the mortgage loan

The tax advantages of the mortgage loan

Under certain conditions you can benefit from a housing check granted in the form of annual tax credit. Its goal? Helping households with limited means to acquire real estate. What are these conditions?

  • Have a taxable income of less than € 81,000
  • Occupy the property primarily
  • Do not own any other property
  • Have chosen a mortgage loan with a repayment period of at least 10 years

This habitat check also changes according to the number of dependent children. To get an idea of ​​the amount, here is the calculation formula: 1520 € – ([taxable income – 21 000] * 1.275%), + 125 € per dependent child.

Our different mortgage loan formulas

Our different mortgage loan formulas

Because your needs are different, we offer two types of mortgages: the first is for individuals while the second is for the self-employed. For each of them, the request will be treated in a personalized way so that your credit sticks to your real needs. We also propose the regrouping of your credits, of long and short duration, in order to lighten your monthly payments.

Do a simulation for your mortgage

Do a simulation for your mortgage

To find out about your monthly payment options and prevailing interest rates, try our Mortgage Credit Simulator above. Using the sliders, select the amount you want to borrow, the loan term and the estimated share.

How to calculate the amount of my mortgage?

How to calculate the amount of my mortgage?

The amount borrowed depends on various elements. The first is the monthly income of your household. Then, the loan term you choose as well as the interest rate. Finally, the proportion is also important to take into account. It is the ratio of the sum of the credit and the value of the good.

Attention to additional costs

Attention to additional costs

When you take out a mortgage loan, you are forced to go through a notary. This act will obviously entail additional costs that you must not neglect. These costs include registration fees, mortgage fees, legal fees and, of course, notary fees.

Should I take out insurance for my mortgage?

Should I take out insurance for my mortgage?

At Skies Bills, no insurance is required. On the other hand, we advise you to think about it. A home insurance will protect you in case of disaster on your property. The outstanding balance insurance is used to protect your family. In case of death, the insurance pays the share of the capital still due. It is not your loved ones who must repay your loan. It is sometimes better to take precautions than to suffer or to suffer consequences that can be financially harsh.

Why choose Skies Bills for my mortgage?

Why choose Skies Bills for my mortgage?

At Skies Bills, we treat each application for mortgage credit in a personalized way and with great attention so that the solution that we propose to you is the most adapted to your needs and to your repayment possibilities. Moreover, this request is free and without commitment.

Being available and listening to you at all times is also a fundamental value of our society. Thus, professionals are at your disposal in a network of 15 agencies in Belgium and the Grand Duchy of Luxembourg and, at your request, can even go to your home, even in the evening.

In addition, we work with several partners and shop around for you. We evaluate the price and condition of your property and we select an approved expert at the best price. We are independent of any company, which is why we can certify an objective opinion. You also choose your notary and your insurance, you are free!

Finally, we are experts in the field of loans and mortgages. Thanks to this experience, we can advise you at best and we think of everything for you!

 

Loan without testing | Payday loan

Is it possible and how it is done

Is it possible and how it is done

One of the requirements of many borrowers is to obtain a loan without testing from various financial bodies. Why is it necessary to perform tests before granting a payday loan? What tests are performed? In what cases can at least some of the tests be avoided? In the next lines we will deal with loans from the perspective of the lender.

Background check of borrowers and its importance

Background check of borrowers and its importance

Most of the entities responsible for providing loans are entities that do so for profit rather than for philanthropic purposes. In fact, most of the activity of the banks is based on the granting of loans, and the financial entities that have joined the circle of lenders in Israel in recent years are doing exactly the same. Therefore, a loan without checking is not exactly the right thing to do for them. Those who grant a loan want to get their money back, along with interest and linkage. In fact, in these cases the money is actually the goods, which the lender sells in exchange for interest rates. Even philanthropic entities that provide loans without interest or low interest rates do not grant loans without checking, and sometimes they even perform more meticulous checks than others.

Loan without checking – when can be avoided from the examination

Loan without checking - when can be avoided from the examination

The background check of the borrowers usually includes their obligo, ie, the sum of all their debts and rights in their main bank account. In addition, the borrowers also check other details about the lenders, including checking the bdi website, which provides information about business and private customers and may alert customers about very problematic customers. The only cases in which a loan is granted without an examination is when the loan is transferred by the borrower to the lender for future repayment. In these cases, only checks are made to clarify the account restrictions from which the checks are drawn. From the lender’s point of view, the checks constitute a binding document and their non-payment constitutes cause for legal action and the reduction of execution proceedings against the borrower.

If a loan without an inquiry is interesting to you and if you have a desire to get the loan as soon as, this is the right place for you. You should contact us now and we will get back to you soon. Our professionals will suit you for the best loan and help you through the application process. Our company has been active in the loan market for years and has provided its good services to many satisfied customers.