Running your own business is primarily satisfaction, but you must not forget that it is also a big challenge. In a situation where we have plans for expenses related to, for example, expanding employment or investing our company, we often consider options related to credit without certificates. However, there is a perception that loans to companies without income certificates are very difficult to obtain.
What exactly does credit without certificates mean?
The term loan for companies without certificates refers above all to the lack of a requirement to provide documents certifying sufficiently high income from business operations. Loan companies require submission of basic company data, i.e.
- NIP, REGON
- excerpt from the Central Register of Economic Activities
- description of our activities.
The last point, otherwise known as a business plan, is to provide an institution that provides us with financing information about what we do and what money is actually lent to us. In most cases, this involves completing a ready form that contains all the questions about this topic. The funds obtained in this way can be used for business development or its further development. The loan for the statement is paid off from the revenues generated by the conducted activity.
Where is the best to apply for a loan without certificates?
New business activities can very often be created thanks to the support of external financing, the best example of which is credit for companies without certificates.
It is worth mentioning that the aforementioned form of co-financing is very often the only option for people who are just starting their adventure on the market and cannot show the income from already conducted activity. A loan for companies on a statement is a solution that loan companies usually offer, not traditional banks. This is due to the fact that the latter have a very restrictive policy on this issue. Classic banks approach young entrepreneurs with a high degree of distrust. If they decide to borrow money, they rarely do so and come with high costs. Certificates from the Social Insurance Institution and the Tax Office, relevant financial statements and proposed collateral for the loan must be provided to the bank. For financial institutions, the documents mentioned above are not required. The procedure for granting credit without certificates has been simplified and requires only the presentation of a business plan and basic data about the company.