Taking out a loan for the foundation for your company

Most companies are tied to taking out a loan at an early stage. Because without a loan no enterprise can be created at all. However, if you would like to start a business, there are other possibilities. So there is the option taking out a Kredit for the foundation of your company.

Credit for the self-employed

As a self-employed person it is not easy to take out a loan. It must be ensured in any case that the bank gets a security concerning the conditions of the enterprise. To do this, you usually have to take out a thorough insurance policy beforehand.

Why is it more difficult for a self-employed person to get a loan?

As a self-employed person it is not easy to get a loan. As a self-employed person or freelancer, you are usually faced with immense hurdles and pressure. Therefore you should always secure your income as an entrepreneur. It is normal that your income as a self-employed person fluctuates and is not the same in all months. It isn’t easy to get a Kredit für Selbstständige.

Therefore, it is all the more important for the bank to know which industry you come from. Because as a doctor or notary you can usually get a loan more easily. Instead of in areas such as marketing. In order to overcome these hurdles, they can use however still some further possibilities.

Which credit is possible as a self-employed person or as a freelancer?

On the one hand, there is the possibility of taking out a Privatkredit. On the other hand, you can also take out a business loan. This is the so-called working capital loan. This is particularly suitable if you want to purchase new equipment, machinery or other furniture for your business. In addition, you can increase your chances as a borrower with an appropriate credit rating.


Alternatives to the classic bank loan


While your Schufa is also very relevant. Because if this does not have a good score, there is also a greater risk here. If your Schufa is initially completely negative, this can even lead to your credit being completely rejected from the outset.
Independence increases the difficulty, but is not a reason for a general rejection. Because you need a loan. You have to pay for your loan over several months, so it is all the more important to deal extensively with the respective loan.