Payday Loans Online Bad Credit -Econobiz.Net / Wed, 10 Jul 2019 05:45:35 +0000 en-US hourly 1 Bad credit payday loan online -Need bad credit payday loans fast? /bad-credit-payday-loan-online-need-bad-credit-payday-loans-fast/ Wed, 10 Jul 2019 05:45:35 +0000 /?p=1069 Bankil is a financial institution present throughout Europe that offers fast loans through the Internet and with which you can get up to € 1000 in 10 minutes to return within a maximum period of 45 days without having to carry out paperwork or explanations, as it simply You will have to fill out an application form through the Internet. In addition, Bankil offers the first credit up to € 300 free, without having to pay interest or commissions, so it offers a good opportunity to get free financing for whatever you want.

The process of applying for fast credits from Bankil Bank is very simple, since it is based on filling out an application form on your website, which takes 2 minutes to complete, having an immediate response and being able to get the money in 10 minutes without need to meet barely requirements, since their quick credits can be obtained without payroll and without endorsement.

Need bad credit payday loans fast? Stop Searching We Can Help

We at offer you the possibility of requesting bad credit payday loans in 3 simple steps, with which you will get the money in 10 minutes without paperwork or sending documentation. The 3 steps you have to follow to apply for fast loans for bad credit online at Bankil are the following:

1. Access the online application form

To access the Bankil Bank online application form, just click here and a new window will appear where you can select the amount of money you want to request and the type of credit to be obtained. You can request a line of credit up to € 1000 or a micro-loan up to € 300, the latter free for new customers to try the services offered by Bankil.

2. Fill in the form

Afterwards, you will have to fill in a form with your personal and banking information, so that Bankil can carry out a risk study and give you a response to the requested credit.

3. Confirm the entered data

Finally you will have to confirm the data entered through an online process and completely secure, in which Bankil can verify that the data you have provided is true. Once the data is confirmed, if the request has been accepted, they will send the money to your bank account immediately

Bankil offers you the first credit up to € 300 free

Bankil offers up to € 1000 to return in a maximum period of 45 days for recurring customers, but for new customers, they also have the possibility of obtaining a credit of up to € 300 free to return within a maximum period of 30 days, without interest or commissions applied, in such a way that you get € 300 and you return € 300. In this way you can get free financing for whatever you want in this financial institution.

Do you need more time? Bankil offers you the possibility of an extension

The fast online credits that Bankil offers are flexible, because if you can not return the money within the established period, you can request an extension for another 15 days, simply by contacting them before the end of the term. This way you will have more time to pay the borrowed money, but if you do, you will have to pay a supplement for it.

Requirements that you will need to apply for fast loans at Bankil Bank

The quick credits and the line of credit that Bankil offers can be obtained with hardly any requirements, since you will not need to have a payroll or pension to obtain the approval, and your credits are without guarantee, so you will not need to have an endorsement either. or guarantor

The main requirements that you will have to meet to obtain fast loans online at Bankil Bank are the following:

  • – Have an age between 25 and 70 years.
  • – Have a Spanish identity document, such as a DNI or an NIE.
  • – Have an email address.
  • – Have a mobile phone,
  • – Have an account with a bank in Spain.

Bankil can check the delinquent listings, so it will surely deny the requests of clients that are listed as Financial Credit Institutions and RAI. If you find yourself in this situation, we recommend that you check which financial entities offer loans with Financial Credit Institutions.

Advantages available to Bankil

Bankil Bank is a financial institution present in many countries, where it has been working for many years, so first of all we have to talk about the experience that you can offer when requesting a quick credit. Other advantages offered by Bankil fast loans are the following:


Bankil offers you fast credit, since it is possible to have the money in 10 minutes just by making an online application. The form takes 2 minutes to complete and you will have an immediate response to it.


It is very easy to get a credit in Bankil, since you will simply have to fill out the form on your website and it is not necessary to carry out paperwork or send documentation for it. You can request quick credits from any device.

First free credit

Bankil offers the first free credit for new customers who try their services, so you can get free financing for whatever you want in this financial institution. The first loan is up to € 300 and is without interest or commissions.

They do not ask for hardly any requirements

The requirements necessary to obtain your credits are very few, since it is not necessary to have a payroll or pension and your credits are without endorsement or guarantor.

Without documentation

It is not necessary to carry out paperwork or send documentation, since the verification of the data is carried out through simple online tools.

Without explanation

You will not have to explain what you are going to do with the borrowed money, besides you can do what you want with it, so you can request fast credits in Bankil for whatever you want.

Possibility of extension

Finally, you have the possibility to get an extension in your credits so that you can return the money later if you need it.

In personal loans you have all kinds of loans and credits to get money through the Internet, such as fast loans that offer money in 10 minutes with hardly any requirements or personal loans online. Choose the financial product that best suits your needs and apply for your loan through the Internet.

30000 Euro Business Loan – € 30000 to Secure Top Interest Rates /30000-euro-business-loan-e-30000-to-secure-top-interest-rates/ Tue, 30 Apr 2019 02:29:34 +0000 /30000-euro-business-loan-e-30000-to-secure-top-interest-rates/

A € 30,000 business loan to consumers for medium and larger financing projects on. In the past, they had to rely on a commitment from their bank, but today, the 30000 Euro installment loan can be conveniently requested online via Manucrediter. The direct banks represented in the credit calculator usually offer more favorable terms than the traditional inpatient banks. For a loan of this size, this means for you: high savings in interest costs. Even small differences in interest rates lead to a significantly reduced repayment amount and, if the term is appropriately designed, to significantly lower monthly installments.

The repayment term is important and can be made very flexible with the direct banks. Last but not least, the cost of an online loan can be calculated very quickly, and the first (provisional) commitment is made within seconds. With the modern loan application for Manucrediter, you only need to enter your details once and receive an offer for several loans. It works around the clock, so you, as an applicant, can also make a credit request online at weekends or even at night, and immediately receive the first confirmation of a possible commitment. A closer examination then takes place after the statement of income and outstanding obligations. For credit-related loans, the individual interest rate is also calculated from this.

Uses for a € 30000 business loan

Uses for a € 30000 loan

Many interested in this sum equal to a slightly better car (for example, a car loan), but a € 30000 loan for free use is just not used for this purpose rather. Car loans are covered by their own interest rates, which are a bit cheaper because the vehicle serves to secure the loan. An exception would be at best the cash payment of a high-quality car with significant discount of the dealer, which makes the purchase by credit for free use again much cheaper. But a € 30000 loan for free use could, for example, also be needed for one’s own wedding (eg with a wedding loan) or one child. Especially at the beginning of a family start-up numerous costs for acquisitions or remodeling can be incurred.

Even a dream trip – with this sum possibly a world trip – would be a conceivable purpose. This is a project that people usually do only once in a lifetime, if they can afford it at all. For this reason, it is perfectly justified to take out a loan for it. Other options for use are home renovation, the construction of a garage or the purchase of high-quality furniture (see furniture loan). The renovation is also often financed by a loan for free use, because, in contrast to the energy renovation, there is little or no funding. When purchasing furniture, consumers like to compare the loan offers from the furniture store with the online loans of the direct bank. The latter are better off by the bank. The furniture stores (also online providers) can pay the convenient linkage of the purchase with the financing namely expensive.

Current interest rates and monthly installments (04/2019) for 30000 euros business loans

Current interest rates and monthly installments (04/2019) for 30000 euros loans

Table 1: Exemplary credit calculations for 30000 Euro installment loans

running time interest costs Total cost of credit monthly rate
12 months from 111.77 € from 30111,77 € from 2509,31 €
24 Months from 215,30 € from 30215,30 € from 1258.97 €
36 months from 319.06 € from 30319,06 € from 842,20 €
48 months from 423,07 € from 30423,07 € from 633,81 €
60 months from 527.30 € from 30527,30 € from 508.79 €
72 months from 631.78 € from 30631.78 € from 425.44 €
84 months from € 736.49 from 30736.49 € from 365,91 €

For the example calculations, we use the cheapest interest rate currently available in our calculator. This is currently at 0.69% pa. Please note that your individual interest rate depends on your credit rating! Do you want to know how high the interest rate is with you? Just ask for a free loan request through our online loan calculator. Within a few minutes you will receive your individual credit offers.

What are the requirements for a 30000 Euro installment loan?

What are the requirements for a 30000 Euro installment loan?

First of all, the applicant must not have a negative Private credit entry. It may not threaten over-indebtedness by this borrowing. Both are evident from the Private credit query, which the bank carries out automatically when applying. The Private credit assigns for each person registered with her – this is almost all able-bodied citizens – a score, not from the income, but from the existing liabilities (loans, rental, telephone and leasing contracts, existing current accounts) and from the Compliance with the payment obligations. Anyone who has not paid installments from previous transactions and / or has not paid bills despite a reminder will receive a negative entry. Even when taking on quite a few credits, the score drops below the critical value above a certain point, then the applicant receives no further credit. Even the repeated application for credit within 10 days leads to a reduction in the score.

Thus, the Private credit wants to protect consumers from over-indebtedness. Please note: Loan requests via Manucrediter do not lead to a reduction in the score ! Your score will only drop if you have made a binding loan request with several banks and this has been rejected several times. The inquiries about us are reported as condition inquiries at the Private credit and behave neutrally on your Private creditscore. If the Private creditauskunft is in order, the bank still checks the income of the applicant and his employment. A permanent position always has a positive effect on the credit decision. Collateral can also be requested. Thereafter, the loan decision is made immediately.

Online payday loan lenders no credit check – Payday loans online same day /online-payday-loan-lenders-no-credit-check-payday-loans-online-same-day/ Mon, 29 Apr 2019 06:57:20 +0000 /online-payday-loan-lenders-no-credit-check-payday-loans-online-same-day/ It’s the same for all financial entities – first, you have to meet the conditions and then you reach the loan. Some companies have more stringent conditions, others a little more forgiving, but nowhere will they just lend you the goodness of the heart. So let’s go together in this article to review the most important terms you need to meet to get a loan.

The simple & secure application process for payday loans online same day 

Do you meet all the necessary conditions for obtaining a loan through our company? Then nothing prevents you from sending a non-binding request.

We will contact you immediately and ask you for more information about your person and basic background.

What Does The Same Day Loan really mean? Loan approval is free of charge and on the same day on weekdays. The money is then sent to your bank account within 24 hours of approval.

Age from 18 to 80 years

First of all, the loan applicant through Chingachgook should be over 18 years old, but not more than 80 years old. This is because it is not possible to settle a loan to minors, while at the same time protecting our clients from repayment problems at too old.

Provable income

The applicant must have some official demonstrable income. Whether it is a classic confirmation from the employer, a turnaround at the entrepreneurs or rent, a pension or a maternity allowance (which can only be taken into account with a disability or other pension or employment), the foster parent’s remuneration. Some companies are willing to take into account some types of SSP benefits, orphan’s pension, part of the income, and maintenance. All this is taken as income. However, it is not possible to recognize the unemployment benefit, the Labor Agreement, the Brigade and the one-off irregular income as a demonstrable income.

No execution

An applicant for a loan without collateral through Chingachgook may not be in execution. However, we will be pleased to arrange a loan with a pledge of property, when the execution will be repaid in the first place and you can also take extra money.

The question of insolvency

And how is it in case of insolvency? Even here, the applicant may not be insolvent at the moment of applying for a loan, nor may he have a fresh application. However, once you have completed the insolvency, we will be happy to give you a helping hand. However, it is important to realize that the final payment is not yet completed! It is necessary to await the coming into force of the Court’s decision and the termination of the registration in the ISIR Insolvency Register, which may take several weeks.

40000 euros credit – free use – small installments /40000-euros-credit-free-use-small-installments/ /40000-euros-credit-free-use-small-installments/#respond Wed, 13 Mar 2019 14:29:53 +0000 /2019/03/13/40000-euros-credit-free-use-small-installments/


Are you planning a bigger loan? 40000 Euro Loan amount is about your expectations? Roughly between 540 euros and 600 euros monthly installments could you comfortably shoulder?

Current offers for 40000 Euro credit, we present you with the focus 84-month term (7 years). Our selections include excellent credit, credit with a B-rate, normal good credit, and credit with a slightly lower credit rating.

In addition, we invite you to compare even to daily current interest rates. All credit examples described are taken from the connected credit comparison.

40000 Euro Credit – Reward Best Credit

 40000 Euro Credit - Reward Best Credit Through Minicin

With a credit-based effective interest rate of 1.95 percent, the Bank in Scotland rewards borrowers with excellent credit ratings. Monthly installments for approved loan, 40000 euro loan amount and 84 months duration, would be from 509.51 euros to afford. Under top credit conditions, at 1.95 percent APR, borrowers pay back € 42798.84 for € 40000 net loan.

The 2/3 example shows which interest rate offer the “average” borrower can expect. According to a representative loan example, again 40000 Euro net loan amount and 7 years maturity, the average interest offer is 3.85 percent APR. The monthly installment in this case would be 542.78 euros.

In total, “average” borrowers pay back € 45593.39 for € 40000 approved loan. Best credit, for example, to enjoy as a senior civil servant, pays off the bottom line on the Bank in Scotland loan with 2794.55 euros interest savings.

40000 euros credit – Civil Service

B-Rate attracts public service employees with uncomplicated and low-interest loans. 40,000 euros, 84 months in duration, could come to the B-Ratefrom the ABB (Servants Bank). Another special feature of this loan offer is that even a loan of up to 144 months would be possible. The loan offered is the desired loan at 4.95 percent APR.

The offer interest rate is open to all credit applicants who are generally qualified for lending. Financed for 7 years, borrowers pay back € 40000 loan a month with € 562.38 back. The total repayment amount is the representative loan with 46473.81 euros. To reduce borrowing costs, the credit conditions of the ABB formally invite.

Borrowers are offered by ABB to make free special repayments at any time. Benefits benefit borrowers who, despite higher financial capacity, 400000 euro loan rather long term to 7 years to finance. Fixed small installments, in conjunction with special repayments, open up leeway. Borrowers remain flexibly financially able to act and still be able to pay off optimally.

Credit tip – finance at the non-credit-standing interest rate

Assessing personal creditworthiness is easy for any borrower. Most people shy away from possible negotiations to get a lower interest rate.

Right from the start, the future interest rate is fixed on the cent right from the beginning, if it were financed at the interest-free interest rate. All borrowers who generally demonstrate sufficient creditworthiness for lending receive the same interest rate offer.

40000 Euro at the credit-independent interest rate

German Bank AG (IKD for short) is an important component of good credit comparisons. Very low-interest 40000 Euro to take out credit, without getting involved in a Zinspoker, especially addresses the “average citizen” with normal good credit rating. Easily recognizable is credit to the credit-independent interest rate in the credit comparison, since only one interest rate is called.

The representative 2/3 credit example corresponds to the offer interest rate. IKD Credit, 40000 Euro loan amount with 84 months term, offers the current loan comparison to the credit-independent APR of 3.49 percent. The monthly installment according to the example calculation is 536.42 Euro. For € 40000 net loan borrowers pay a total of € 45059,08 back.

Also for the credit-independent annual interest, the financing of 40000 euros, again 7 years duration, would be possible through the LST Bank. The current interest rate offer is 3.59 percent APR. Monthly would be in this loan example, 538.18 euros installment to pay. In total, borrowers pay back € 45207.27 for € 40000 credit.

Credits tip – apply for convenient and fast installment loans

Applying for loans online does not necessarily mean spending too much time and effort on work. Modern online credit comes without the visit to the post office or the branch office of the provider.

The legally required ID check could be carried out by videoident. People who want to meet their loan request comfortably and quickly from home, pay attention to loan offers with Videomaker and upload the documents.

Loans for borrowers with slightly lower credit ratings

 Loans for borrowers with slightly lower credit ratings

It would be easier for a solvent second borrower to borrow € 40000 on a weaker basis. If it is not possible to smooth out all inadequacies in this way, there are still opportunities for credit. 40000 euro loan amount with 84 months duration could be financed, despite slight credit weakness, over the “extra credit” of the food bank.

The offered loan rate is again adjusted to the personal credit rating. From 3.95 percent to 15.95 percent APR lies the potential interest margin. The Bank calculates 9.12 percent effective interest pa for the representative 2/3 of all borrowers. At 7 years of maturity, the interest rate results in a monthly installment payment of 638.69 euros.

In total, borrowers pay for 40,000 euros approved loan, in 84 installments, 53,650.30 euros back. In view of the relatively high financing costs, an application for credit, 40000 euro loan amount 84 month term for “private credit” could alternatively be worthwhile. 7.94 percent APR is paid by 2/3 of the borrowers. Refundable would be approved loan in monthly installments of 616.79 euros.

In the case of “private credit”, 2/3 of the borrowers pay back 51810.50 euros for 40000 euros of credit. In direct comparison to the alternative (extra credit) 1839.80 euros less.


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Loans to SMEs and their advantages – Quick loans and fast loans /loans-to-smes-and-their-advantages-quick-loans-and-fast-loans/ /loans-to-smes-and-their-advantages-quick-loans-and-fast-loans/#respond Tue, 12 Mar 2019 12:25:14 +0000 /2019/03/12/loans-to-smes-and-their-advantages-quick-loans-and-fast-loans/

Many SMEs use bank loans to finance and expand their operations in terms of sales volume and geographical areas of operation. However, today, banks offer very few loans to SMEs or, at least, in the conditions that an SME with economic problems requires.

Today, we want to talk about a different financial product, safer, faster and more comfortable for the customer than traditional bank loans. We are talking about the immediate online loans that you can get quickly and easily without getting up even from the chair.

Advantages of loans to SMEs

Loans to SMEs to improve financially

As we said, banks have closed the credit tap to many SMEs. That is why SMEs that need funding to solve an unexpected emergency, find it impossible to do so. This situation becomes a loop when other unforeseen events begin to appear with which the company’s own accounting did not count. For this reason, companies have started to look for alternative financing in non-bank financial circuits.

Cogibank offers online loans so that an SME can solve a temporary situation that is uncomfortable financially. This company offers loans that are far removed from traditional bank loans and with huge advantages over them.

First, getting loans for SMEs through Cogibank means saving both time and financial costs. The financing obtained through Cogibank is cheaper for the client than traditional financing. Second, the processing and granting of the personal loan is faster. After analyzing the solvency of the SME that requests the loan (only three basic requirements are needed) the rest is very easy and in record time you can have enough liquidity for your company without having escaped from the computer screen. And, perhaps most importantly, the flexibility in the repayment term and in the amount of the loan: it is you who chooses the conditions according to the needs of your company. The final decision power falls on who needs the money and not on who lends it.

The best way to solve the unexpected of your company

The best way to solve the unexpected of your company

Loans to SMEs are very difficult to obtain through the traditional banking system, it is much faster and easier to obtain with other entities. Cogibank has been offering, in recent times, transparent, reliable financial products that any user with a medium or low level of financial knowledge can understand. They are very simple products and aimed at satisfying the customer, very far from those complex products and small print that banks offer.

In addition, the banks themselves offer less and less loans to SMEs. Today, they have forgotten their main mission: to leave money to those who need it. Currently, a credit can only be obtained by those who do not need it or, at least, who does not have an extreme need due to debts that can endanger the life of the company.

That’s why we recommend our urgent loans so you can start to get out of that predicament in which your company has been involved. And it is that a company can go through a relatively stable situation that suddenly becomes unstable for multiple reasons. A bad month of sales can make paying a payroll to a worker or face the payment of material needed by the company is totally impossible in the short term. But do not worry if you are in that situation. You have the alternative in front of you, with a click.

The best loans to SMEs

The best loans to SMEs

The application process is simple, very fast and 100% online. You just have to enter some personal information, your business data and fill out a small form with some questions. Doing all these steps does not have to take more than a few minutes. Equally fast is the achievement of the personal loan. In 15 minutes you can have up to 800 euros, an amount sufficient to solve those small incidents that may arise in the day to day of a company.

Their customers will have their credit line after confirmation of the conditions, and they can use their money when and how they want. Without leaving home and just having a device with an Internet connection. That easy! You are still thinking it? Enter our loan section with Financial Credit Institutions and check out the conditions.

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Non-bank loans dishonest entities that you can reach /non-bank-loans-dishonest-entities-that-you-can-reach/ Sun, 10 Mar 2019 16:19:59 +0000 /non-bank-loans-dishonest-entities-that-you-can-reach/

Come wisely and with special regard to who you intend to borrow from before you fill out the loan form or forward your personal data.

On many internet forums, advertising portals or by opening mailboxes, we can find announcements of individuals and companies offering cash loans. Stay alert, it can be a cheat!

Very simple and clear message, without providing information about the company, business or website. ” A private cash loan, fast, money in hand. Without checking BIK “,” Loan for evidence in 15 minutes. Without checking the bases. “Announcements can be modified freely. We will not find anything more than a mobile phone number and a private e-mail address, e.g. gmail.

Be careful this can be a cheat

Be careful this can be a cheat

If we do not follow the basic rules of security, then we must take into account the possibility that we will become a victim of a cheater. The more so because the non-bank loan via the Internet is very popular and the demand for it is large.

Fraudsters can advertise online and send us e-mails with a loan offer. What should not be done in this case?

Personal data

If we receive an e-mail with information about the name, PESEL number, address, cell phone, etc., it is necessary to check the sender of this e-mail. This is a popular way to scam sensitive personal data.

Links and attachments

We do not click on the links and we do not unpack the attachments. A popular method to infect our computer by installing viruses and spyware.

SA or a limited liability company

Entities granting cash loans in accordance with the regulations that entered into force in 2016 must operate in the form of a joint-stock company or a limited liability company. We can then check in the National Court Register whether a given company that sent us a loan offer is an entity authorized to grant a loan. In addition, we check the subject whether it is not on the so-called KNF’s “black list” – this is a list of public warnings.

Additional services, that is, the circumvention of the anti-usury law

Additional services, that is, the circumvention of the anti-usury law

Regulations, regulations, but there are companies that try to circumvent new regulations (the law regulates the maximum amount of the loan costs) and force the client to use additional services. Of course, this is a paid service that can “hide” under various names, e.g. advisory service, consulting service, etc.

How not to be fooled so that you can not get a big debt out of a small and fast loan? There is only one way: lend it wisely and rationally, reading exactly what you intend to sign.

Credit simulation PLN 30000 in a bank | Choose the best loan for you /credit-simulation-pln-30000-in-a-bank-choose-the-best-loan-for-you/ Fri, 22 Feb 2019 17:16:30 +0000 /credit-simulation-pln-30000-in-a-bank-choose-the-best-loan-for-you/


Credit simulation PLN 30,000 in a bank with a loan calculator. When searching for loans or cash loans at banks, you can use the help of a loan installer simulator.

A simple and effective application allows you to quickly familiarize yourself with the offer of banks.

Any person who has ever made a decision to take a loan or a loan from a bank knows how difficult it is to make the right choice. For example, due to the very large number of loan offers. In each bank there is at least one cash loan or cash loan, dozens of offers, and there can be only one choice. Which bank to use for a cash loan of PLN 30000? It is not necessary to compare 20 banks and 40 cash loans to select the best bank. In fact, 3-4 bank offers are enough to make a good choice. To this end, it can help:

CREDIT SIMULATOR and loan simulation PLN 30000

CREDIT SIMULATOR and loan simulation PLN 30000

What is the ” loan simulator “? It is a financial tool that fulfills three basic functions: a search engine, a comparison engine and an installment calculator. Using the simulator we have access to several or a dozen bank offers in the segment of cash loans and loans.


Currently, the most popular credit search engines are search engines for cash loans and mortgage loans. They have the largest loan offer. The above search engine allows you to draw up a list of banks, from which we choose those with whom we will contact you regarding the loan.


This is the second of the above-mentioned functions, and the most common are simulators of loans (the most popular are those that compare cash and housing loans.) They are so popular because just enter the value of the loan that interests us and the loan period to check what are the loan offers.


Many people use credit simulators to calculate loan installments. It is necessary to pay attention to the fact that there are only estimates of loan installments. No cash loan calculator, including those on bank websites, calculate loan installments. It depends on the individual credit offer that the bank will present to us. Yes, we can use such a calculator to check how much the loan installment is approximately, but this is certainly not the ranking of the cheapest cash loans.

Business Start-Up (All information for 2019) /business-start-up-all-information-for-2019/ /business-start-up-all-information-for-2019/#respond Sat, 09 Feb 2019 12:57:02 +0000 /2019/02/09/business-start-up-all-information-for-2019/


Business Start-Up – All Important Information about Subsidies, Grants and the Business Plan


Business Start-Up - All Important Information about Subsidies, Grants and the Business Plan


Starting up a business is a big step, either as an uninterrupted position as an employee, after an apprenticeship or a degree , sometimes even before or during it, or out of unemployment . Similarly different are the motives for starting a business. In principle, however, it should be noted that starting a business is a long-term project – even if the actual start-up process usually takes the least amount of time.

For a start-up to be successful in the long term, ie to ensure its existence, a more or less complex preparation is necessary depending on the type and scope of a trade. The recommendation of many experts to create a business plan should always be followed.

Actually, a business plan serves as information for potential investors and summarizes ideas, services, market and competitive situation and financial key figures in a compact way. If no outside capital is needed for start-up, this reduces the effort, but founders should not refrain from drawing up such a plan.


Why Always Create a Business Plan?


Why Always Create a Business Plan?


If no leverage is needed, that does not mean that founders should forego creating a business plan. Even though they are in a good position not to have to convince potential investors of an idea, they should clearly, compactly and unambiguously record their plans – ideally in the spirit of a business plan.

Also, the preparation of a business plan provides a good guide , because hardly a founder thinks at the beginning of the entire scope of his project. Thus, important questions can be answered and in case of emergency, an informed decision can be made as to whether it is worthwhile to consistently implement an idea or reject it. In addition, a business plan is not a static element. If new potentials arise, these can be added and included in further planning. Many founders still use the plan after its founding as a kind of manual , which can be used if necessary.


When does the Employment Agency / Job Center Support Start-Up?



When does the employment agency / job center support start-up?


Many founders are still the broad promotion of business start-ups from the 2000s known. At that time, the unemployed received relatively easy funding for starting a business. However, this policy has been cut back ever further. Since 2011, unemployed persons have no legal entitlement to grant a start-up grant. It is a discretionary performance. For the recipients of ALG-II can apply for an entry fee to start a business.

There is no legal entitlement to support in both cases, even if an applicant complies with the general conditions. Therefore, setting up a business must be discussed with the responsible intermediary and, similarly to other types of start-up, appear equally viable. The following general requirements play a role:

  • Sustainability of starting a business : Self-employment should be accompanied by a long-term and sufficiently high-paid job. Professional and material requirements must be substantiated by founders, such as the IHK or the house bank. An opinion requires a business plan.
  • Professional and personal suitability : It must also be proven to what extent an applicant has the required specialist and personal qualifications. If these are missing, they can be acquired retrospectively, for example, by participating in business start-up seminars.

If the promotion of a start-up is granted, a start-up grant will be granted for a total of 15 months. It is important to distinguish between two phases. In the first phase, which lasts six months, founders continue to receive unemployment benefits in the amount that was also granted before starting a business. In addition, a subsidy of € 300 per month is granted for social security, for example through voluntary membership in statutory health insurance or pension and long-term care insurance . Following Phase 1, funding can be granted for a further nine months.

In Phase 2 founders will continue to receive € 300 per month as a general support. However, this promotion is by no means guaranteed. Whether it is granted depends on whether the developments described above in the conversation and in the business plan have proven to be realistic and the start-up project is economically viable.


Business Start-Up Loan and Other Promotions.


Business start-up loan and other promotions


In many cases, start-up companies have special loans available, for example from promotional banks. These usually offer attractive interest rates and thus make it possible to lower the financing costs of starting a business.

In addition, there are various support programs that grant subsidies depending on the industry or region, which do not have to be repaid. Whether a start-up is qualified for certain loans or subsidies is to be seen by looking at the respective conditions. However, many funding programs are limited to specific measures, most of which involve investment. A classic example is the investment in energy-efficient buildings or production facilities.

To find out more about loans and subsidies, it is worthwhile to inquire with the local IHK or Wirtschaftsförderung . These jobs usually know exactly what loans and programs are available regionally or industry-specific.


Checklist Business Start-Up: Note the Following Points


Checklist Business start-up: Note the following points


Each start-up is individual and characterized by very special factors. Accordingly, it is difficult to provide a complete checklist that should be considered in the business startup process. Below, therefore, only basic points are listed, which should be taken into account when setting up a business:

  • Is there a concrete business idea and has this been comprehensively examined as part of a business plan regarding its strengths, weaknesses, earning power and competitive position?
  • Do you have sufficient knowledge in all relevant areas? In addition to specialist knowledge , this also includes business management knowledge , for example with regard to the preparation of tax returns or the consideration of specific laws!
  • Is there sufficient equity capital for the foundation or is borrowing required?
  • If borrowed capital is needed: what is the amount required and who qualifies as the lender?
  • Is there a willingness to work day by day to build up your own business and to survive financial hardships ?


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