- Personal Loans
- Payday Loans
- Home Loans
- Cash Advance
- Auto Loans
- Credit Cards
- Bad Credit Loans
Fast Cash in 3 Easy Steps
Subsidized loans for start-ups
How-sponsored loans for new business – from startup money KFW SME Bank to bank lending to the provinces.
If you have a start-up plans or during the initial phase of the company determines that the equity is insufficient to cover the entire project to be financed, it is often on a loan for the self-dependent. What is often referred to as a loan, however, is properly a loan. The term of the loan will be used if it is a longer-term financing act – for example, over several years. In principle, any short-term commercial bank loans or medium and long-term loans. However, it founders and young enterprises difficult, a private bank loan to get there in the early stages little time left to the banks the financial strength of a company to explain. Most remains only one alternative: A subsidized loan.
But what has it to be funded with a loan for start-ups? Subsidized loans have in common that they are from banks, the federal government or a state belong, are offered. The entire process takes place through a normal house, in the classical case, however, the development bank a backup of the loan against the house to. In other words: Will the founder difficulties, the loan to pay back or pay interest, you will support the bank’s debt and liberated from the founder of the house of the guilt. This means not that the founder is now debt-free, because he is naturally obliged to pay back loans and the interest to pay. The advantage lies rather in that the high risk for the banking business is limited.
There are a whole series of funded loans. The entry fee of OWN SME Bank, for example, for start up to three years after the foundation grant and the money to start small business bank KFW is one of the most well known sponsored loans. While the KfW Start-up money in all states is available and is being offered nationwide, federal states have also developed their own funding loans. How can young companies in Berlin, for example, lending support to the start of the Berlin Investment Bank Berlin back. Unlike OWN ENTRY FEE Berlin is at program start of the loan amount up to EUR 100,000 is twice as high and quickly becomes clear: It is worthwhile to compare development loans, and not just the well-known launch OWN money into consideration. The program launch Berlin is just one example that the country’s own program under circumstances even more favorable than the nationwide program of KfW SME Bank.
Who selects the appropriate program and then get a commitment, can have a significant financial assistance for start-ups and companies looking so forward. Additions by different funding program, the start-up advice as part of a start-up can support the start-up then really “about” and to bring success.