Loans for companies: how to move between continuity and flexibility

Loans for companies

Loans for companies

The production cycle and the timing of cash flows are two elements that must be carefully considered when deciding to request a loan. This applies a fortiori when it comes to asking for a loan to support the start-up of its own activities.

Therefore, among the most important requirements are the flexibility and the possibility of customizing the repayment plan, the possibility of renegotiating or continuously accessing the various forms of financing, and if possible obtaining at least in part subsidized or non-repayable loans.

In this regard, both the European and Italian legislators have provided a series of forms of financing intended mainly for the use of categories that may encounter greater difficulties such as: female entrepreneurship, youth, SMEs and microcredit for micro-enterprises. The problems related to these forms of financing are mostly dictated by the rigid parameters within which to return in order to participate in the disbursement that occurs in most cases through a call for tenders (see also Youth Guarantee).

Soft loans or non-repayable loans

Soft loans or non-repayable loans

From the point of view of funding accessible through the Region or the State, normally the difference lies in the fact that in the first case sums can be obtained, also through the intervention of affiliated credit institutions, with the application of subsidized rates. Direct government loans have practically disappeared, and generally the function is with the establishment of guarantee funds to facilitate access to credit.

Loans, in both cases, have therefore practically disappeared, replaced by reductions in the timing of repayment with the possibility of suspension until the economic situation becomes more solid and sustainable.

At European level, on the other hand, there are still non-repayable loans, which are mostly always provided through the intervention of the region to which they belong. To identify the existence of these funds, and to see the parameters that must be met in order to present the request for access to the call, you must contact your region directly, and on the website of the European portal for smes. You can also turn to banks (generally the larger ones or those of cooperative credit) to see if there are agreements in place with the Regions.

Loans from credit institutions

Loans from credit institutions

For this kind of financing, the requirements such as flexibility, continuity of access and the certainty and clarity of the amortization plan are fundamental, as well as the advice to find the most suitable solutions for the various needs (with the possibility of accessing more than one loan according to different needs).

Examples of loans from credit institutions

  • One of the banks that offers a high choice, and also good advice, is OneCash. Among the solutions there is Credither which provides liquidity in a short time up to 50 thousand USD and which has no fixed expiry date, or the New start-up companies that offers up to 100 thousand USD repayable even in 7 years. In both cases the bank aims at customizing the service;
  • for those looking for a fixed rate solution with a predetermined repayment plan and amortization times of up to 120 installments, there is the DVF Revolution Imprese loan, with a maximum amount set at 100 thousand USD.