It is not always easy to get a loan from banks as an independent. In fact, the list of documents required can often be an obstacle to get a commercial loan, especially if you need money urgently. Usually, commercial loans are demanded for:
Overcome a temporary lack of liquidity
Buy a new function vehicle
Expand, renovate or repair your local
What are the possible solutions?
The type of loan will depend on the reason for the credit. The main types of business credit are:
Business account credit: it is a sum of money made available in a special bank account in which you can freely withdraw money till a certain limit.
Investment loan: proposed by some banks, this is an ideal solution for purchasing equipment.
Cash advances: it is a commercial short-term credit, usually less than one year for fixed-term advances.
Personal commercial credit: this solution consists in a personal loan used for your own business. With a personal credit, it is generally easier and faster to get a loan. Do not hesitate to consult our partner CreditLoan at this link to know more about this business credit solution.
Personal loan or business credit?
The solution of a commercial personal credit has certain advantages in terms of simplicity. If you own a small business such as a restaurant, a shop, and you need a sum of money not exceeding 150,000 Chf, a commercial credit in your name you will generally give you the following benefits:
Faster processing: receive an answer within 24 to 48h.
Less paperwork: a personal loan will be easier to get.
Who to contact?
If you are looking for a commercial loan, everything depends on the solution you prefer. For a loan made in the name of your company, you will need to contact a bank. But if you prefer an easier solution, do not hesitate to contact a loan broker like CreditLoan!