Serious loans for the self-employed, which are granted with and without Credit bureau, are in demand. In the early years of self-employment, it is difficult to get a loan at all. A Credit bureau-free loan therefore sounds all the more interesting. Nevertheless, the self-employed should not rely solely on these loan offers. In practice, there are various ways to create liquidity.
Serious loans for self-employed without Credit bureau – classic through the credit intermediary
The classic providers of serious loans for the self-employed with and without Credit bureau are the credit brokerage companies. Various large providers have been active in this market segment for many years. You advertise the loan without Credit bureau on the Internet and take out loan applications. However, they do not make a decision about who is granted a loan. The clerk simply forwards the information collected to donors at home and abroad.
Only the specialist at the special bank reviews the documents and makes a loan decision. This decision goes back to the mediator. In the case of several positive messages, the options are listed and sent to the borrower by email. It is now up to him to decide which offer will win the contract.
When making credit requests, it should always be borne in mind that each loan offer is studied and compared with other offers. Loans without Credit bureau are always significantly more expensive than an ordinary loan. It should also be checked whether all internal measures have already been exhausted.
Internal measures as a loan without Credit bureau
Serious loans for the self-employed, without Credit bureau, do not have to come from banking. A call to the supplier is often sufficient to significantly extend a payment term. The supplier credit is inexpensive, comes about with little formal effort and is generally Credit bureau-free. Order peaks that involve a high proportion of upfront costs do not rob the company of the necessary liquidity.
Another advance in line with the market for goods pre-financing is customer advance. Again, it is the preliminary costs that can be reduced to an acceptable level.
Orders that have already been processed and involve a long payment term, such as work for the public sector, are often a problem. In this case, the way to faster invoice settlement leads to a factoring bank. It checks the customer’s creditworthiness and pays out about 80 percent of the claim immediately. The remaining payment is made when the payment target is reached. One advantage of this way is the straightforward instant payment.
The private credit market as a source of finance
The private loan for corporate finance is state-of-the-art. Serious loans are possible for self-employed persons with and without Credit bureau.
In addition, there are hardly any pitfalls due to hidden costs for personal loans. The interest rates are in line with the market. Without Credit bureau, however, usable collateral must be provided, otherwise investors do not like to take the risk.