Business wins the December corporate loans ranking
Cyro for business came first in the business loans ranking. It is worth noting that the lender has occupied the highest position for several months. Entrepreneurs praise the company for high loan granting. The commitments granted range from PLN 1,500 to 10,000. The repayment period is from one month to 24. Interestingly, the product can be used by start-ups and companies that operate for just one day. Cyro for business is certified by a financially reliable company.
Further places on the podium
The second place belongs to Aforti Finance. The company enjoys considerable recognition among customers due to the very high amounts of loans offered. A quick verification process also deserves a plus. The amounts of liabilities start from 5,000 to 100,000 PLN. Loan period – from 6 to 12 months.
Casey finished on the last step of the podium. The company does not require presenting many documents. To receive the loan, you only need to print out the turnover from the cash register. It is worth noting that the institution uses express bank transfers, which means that the loan amount on the applicant’s account appears almost immediately after the decision. The maximum time to settle the commitment is 12 months. Loan amount – up to PLN 25,000.
Early loan repayment results in a lower liability cost
COWAI was ranked fourth in the December corporate loans ranking. A characteristic feature of the offered product is a low monthly interest rate – 0.797 percent. Interest is accrued every day. Early repayment results in a lower liability cost. COWAI is a member of the Conference of Financial Companies in Poland.
Visset was fifth. The non-bank institution provides low loan amounts. The amount of the commitment ranges from PLN 300 to 5,000. The claim should be repaid in a one-off payment. The loan period is 30 days. For an additional fee, it is possible to extend the loan.
Corporate car and real estate loans
Sixth place was taken by Autokapital.pl. The company provides loans to companies for the purchase and collateral of a car. The amount of the liability depends on the value of the vehicle. The car is priced by an appraiser. Interestingly, the customer can use the secured car throughout the entire loan period. The maximum amount can be up to PLN 100,000. However, the repayment period is: 12, 24, 36 and 48 months.
The seventh, last place was taken by the Monument Fund company. The institution can boast of the highest loan amount – up to PLN 500,000. The liability is secured by real estate. In this type of financial products you should be careful because the lack of repayment results in the creditor taking over the pledged house or flat.
Loans for companies from the first day of operation
Non-bank loans for companies are an interesting alternative to banking products. Of course, loan companies offer much lower amounts than banks, and the interest rate on liabilities is slightly higher. However, non-bank institutions do not have high requirements as to creditworthiness. A company that is not profitable can apply for a loan. What’s more, the product can be used by young entities that operate for just one day.
It is worth noting that it is possible to transfer the consumer loan to the needs of the company. Some entrepreneurs decide to take this step due to lower requirements as to creditworthiness. To find the right loan, it’s a good idea to use installment loan rankings or payday loan rankings.
An additional advantage of financial products addressed to individuals is a very quick verification procedure. This is a significant convenience, especially during the Christmas and New Year period, where a large proportion of entrepreneurs use loans for the holidays for investment purposes.
“Adequate funding is crucial at the start of any business. That is why loan companies also direct their product to young entities. Although the amounts awarded are lower than in the case of bank loans, it is much easier to apply at loan companies. “