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Best small business loans -Save big and get the best business loan

There is a belief that a company that is not growing – is retreating. Nowadays, you can’t run a business and stand still when everyone is rushing forward, investing in development. In such a situation, our activity would quickly lose value. However, there are always finances for our company. Is it worth taking a loan for business development in this case? This text tries to answer this question.

Save big and get the best business loan

There are certainly many situations when it is worth taking the best business loan. If we want to grow our business and we don’t have enough cash, a credit will be a good option. Credit is also an ideal idea to make a long-term investment in the development of our company. In times when we have problems with financial liquidity, additional money will also be at a premium. We often have no other choice but to take out a loan. This happens when our company goes downhill, bringing only losses.

 

Competition

Competition

Loans are often already well known to our competitors. Today, it is difficult for a company that does not take loans to grow. Therefore, if we do not want to be out of the market, we will have to act similarly. It is the norm that companies are in debt to increase their turnover, pay off debt, and then perhaps to incur a new one … Thanks to this, the company can grow and generate more revenue in the long run.

 

Financial Liquidity

It is definitely worth considering loans when we have a problem with financial liquidity. Most companies have a problem with this. Why? Because money is not always received on time. It can be different, sometimes you have to wait several weeks, months and even years to pay! There are also various unpredictable random events, such as hitting a client-cheater with whom you have to fight in court for your money owed. It is different in life. Often, such moments can paralyze a company’s operation or significantly reduce its performance for some time. Therefore, in such moments, credit seems to be a sensible option.

 

The only way out

loan

It can happen that suddenly, in the blink of an eye, our company, which is everything to us – is falling into decline. The only way to save her is a quick and large loan of money to completely change the profile of the business, which now only brings losses. It is a difficult decision, but if a given company is the apple of our eye, something we have worked for our whole life, then reaching for a loan for companies seems like a natural decision. This is usually the only way to save our business.

Baby Loan Mortgage calculator

The baby loan is a 10 million forints free use loan. Once the third child is born and becomes a grant, the remaining amount does not have to be repaid.

Baby loan

cash

A must-have credit facility. The terms of the claim vary as banks. The loan application for the baby support must be submitted to the credit institution. But which one? We can help with that. If you would like us to manage your baby support, please feel free to contact us through the form below.

If you would like to request help with your baby loan application, please fill out the form above. We will find the best bank for you. Our help and full, fast administration are free.

The baby support is a 10 million forints free use loan.

cash

  • If at least one child is born in the family within 5 years, they will not have to pay installments for 3 years and become eligible for interest-free repayment over the entire term.
  • If the second child is born, repayment is interrupted for another 3 years and 30% of the debt is released.
  • When the third child arrives, the entire remaining debt is released.

Conditions for accessing a baby loan

cash

  • claimants are married
  • wife is 18 but not 41, husband may be older
  • both spouses have their Hungarian address and have the same address!
  • at least one of the spouses has been continuously insured for at least 3 years or is in full-time education at a higher education institution subject to the National Higher Education Act
  • Unpunished life
  • none of the spouses has a public debt with the State Tax Administration
  • both spouses are Hungarian citizens or persons who are to be considered Hungarian citizens under the Hungarian Citizenship Act
  • if one of the members of the couple has at least one child, at least one of the spouses is living in the first marriage
  • none of them have a GFIC registered debt

Free consulting. A must-have credit facility. Mortgage calculator

Baby Loan Mortgage calculator

cash

The baby loan is a 10 million forints free use loan. Once the third child is born and becomes a grant, the remaining amount does not have to be repaid.

Baby loan

cash

A must-have credit facility. The terms of the claim vary as banks. The loan application for the baby support must be submitted to the credit institution. But which one? We can help with that. If you would like us to manage your baby support, please feel free to contact us through the form below.

If you would like to request help with your baby loan application, please fill out the form above. We will find the best bank for you. Our help and full, fast administration are free.

The baby support is a 10 million forints free use loan.

cash

  • If at least one child is born in the family within 5 years, they will not have to pay installments for 3 years and become eligible for interest-free repayment over the entire term.
  • If the second child is born, repayment is interrupted for another 3 years and 30% of the debt is released.
  • When the third child arrives, the entire remaining debt is released.

Conditions for accessing a baby loan

cash

  • claimants are married
  • wife is 18 but not 41, husband may be older
  • both spouses have their Hungarian address and have the same address!
  • at least one of the spouses has been continuously insured for at least 3 years or is in full-time education at a higher education institution subject to the National Higher Education Act
  • Unpunished life
  • none of the spouses has a public debt with the State Tax Administration
  • both spouses are Hungarian citizens or persons who are to be considered Hungarian citizens under the Hungarian Citizenship Act
  • if one of the members of the couple has at least one child, at least one of the spouses is living in the first marriage
  • none of them have a GFIC registered debt

Free consulting. A must-have credit facility. Mortgage calculator

Free Use Loan Calculator Mortgage

Free loan calculator, first select the loan purpose, the top is the free mortgage, (by default, used home purchase is set), convert to free mortgage, then the loan amount, maturity, and after pressing the calculation button the bids will automatically appear.

We can also help with credit administration, free of charge. Enter your details if you wish and our colleague will contact you.

Borrowing without waiting

Borrowing without waiting

Free use loan calculator and nationwide loan administration, at home, work or wherever you want. As a privileged partner, we can also provide a significant discount on interest rates . Borrowing without waiting, without waiting in line. Home Loan Calculator

Compare Bank Offers. Using the credit calculator is free and automatic. Bids are not considered as bids. Contact our agent for details. Free administration of home loans, free mortgages, personal loans.

We are bank independent – we work with almost every domestic financial institution as a privileged partner, which means significant discounts. Free of charge! Full credit counseling and credit management is truly free of charge.

As a national network of Good Finance:

  • We are available anywhere in the country or, if not, we go wherever you want
  • More than 18 years of experience in credit administration, our credit specialists have the required MNB qualification
  • Safe professional background
  • Almost all domestic financial institution products are available in one place.
  • A universal banking comparison and rating system with just a few clicks
  • Professional support: either in Family Home Discount or in lending matters.
  • Most of our partner financial institutions offer discounts to our clients that are more favorable than branch offers

Free use mortgage

Free use mortgage

A mortgage loan is a mortgage or real estate loan that can help you claim more money from financial institutions. In such cases, the loans taken are usually used for whatever purpose you want, so you can buy an apartment, a car, or start your own business. In most cases, the amount of credit is determined by the value of the property being offered as collateral.

Debt settlement loans

Debt settlement loans

Mortgage loans can include types of loans such as new home purchase loans, used home purchase loans, home construction, extension, modernization or renovation loans, and free use loans, but also debt settlement loans.

Since all Hungarian financial institutions work with personalized mortgages, which are always determined by the value of the real estate offered, it is worthwhile to look closely at the banks offering mortgages, as it does not matter at what time and at what price.

Provides the debtor with a long-term repayment opportunity

money

A mortgage can be cheap because there are differences between them. When Can a Mortgage Loan Be Cheap? First of all, if it provides the debtor with a long-term repayment opportunity, or if the monthly repayment installments remain fixed over the long term, but at least show only a slight increase. The client is well-known if he / she knows in advance that the installment payment for the given month will be the same the next time.

Since we offer a real estate collateral to the bank when taking out a mortgage loan, most domestic financial institutions can easily obtain this type of loan, because in such cases the credit assessment is simple and even ABC listed clients can obtain money without having to purchase various papers.

Using the Credit Calculator is free and automatic. Bids are not considered as bids. Contact our agent for details.

Free Use Loan Calculator Mortgage

cash

Free loan calculator, first select the loan purpose, the top is the free mortgage, (by default, used home purchase is set), convert to free mortgage, then the loan amount, maturity, and after pressing the calculation button the bids will automatically appear.

We can also help with credit administration, free of charge. Enter your details if you wish and our colleague will contact you.

Borrowing without waiting

Borrowing without waiting

Free use loan calculator and nationwide loan administration, at home, work or wherever you want. As a privileged partner, we can also provide a significant discount on interest rates . Borrowing without waiting, without waiting in line. Home Loan Calculator

Compare Bank Offers. Using the credit calculator is free and automatic. Bids are not considered as bids. Contact our agent for details. Free administration of home loans, free mortgages, personal loans.

We are bank independent – we work with almost every domestic financial institution as a privileged partner, which means significant discounts. Free of charge! Full credit counseling and credit management is truly free of charge.

As a national network of Good Finance:

  • We are available anywhere in the country or, if not, we go wherever you want
  • More than 18 years of experience in credit administration, our credit specialists have the required MNB qualification
  • Safe professional background
  • Almost all domestic financial institution products are available in one place.
  • A universal banking comparison and rating system with just a few clicks
  • Professional support: either in Family Home Discount or in lending matters.
  • Most of our partner financial institutions offer discounts to our clients that are more favorable than branch offers

Free use mortgage

Free use mortgage

A mortgage loan is a mortgage or real estate loan that can help you claim more money from financial institutions. In such cases, the loans taken are usually used for whatever purpose you want, so you can buy an apartment, a car, or start your own business. In most cases, the amount of credit is determined by the value of the property being offered as collateral.

Debt settlement loans

Debt settlement loans

Mortgage loans can include types of loans such as new home purchase loans, used home purchase loans, home construction, extension, modernization or renovation loans, and free use loans, but also debt settlement loans.

Since all Hungarian financial institutions work with personalized mortgages, which are always determined by the value of the real estate offered, it is worthwhile to look closely at the banks offering mortgages, as it does not matter at what time and at what price.

Provides the debtor with a long-term repayment opportunity

money

A mortgage can be cheap because there are differences between them. When Can a Mortgage Loan Be Cheap? First of all, if it provides the debtor with a long-term repayment opportunity, or if the monthly repayment installments remain fixed over the long term, but at least show only a slight increase. The client is well-known if he / she knows in advance that the installment payment for the given month will be the same the next time.

Since we offer a real estate collateral to the bank when taking out a mortgage loan, most domestic financial institutions can easily obtain this type of loan, because in such cases the credit assessment is simple and even ABC listed clients can obtain money without having to purchase various papers.

Using the Credit Calculator is free and automatic. Bids are not considered as bids. Contact our agent for details.

I predict the future of private loan lending – Payday Loan

An interesting development that one has been able to see in recent years is that there are significantly more players working on mediating private loans. Which I see as something positive and that will continue.

If you look back to the time before the Internet existed, it was really only possible to compare interest rates between different lenders by contacting them directly. Something that is not particularly smooth as it either requires many phone calls or visits to a bank office.

Once the internet had been properly secured

money cash

t did not take long before it started to appear web pages partly for the various banks where it was possible to find information about their loans but also clean information sites. Sites like this where you can find interest rates from the different lenders. Something to help you find the cheapest loan possible.

Another type of website that also appeared is from loan brokers. The two biggest ones from the start, one might say, were Lendo and Freedom Finance. A loan broker is, in short, an intermediary that just mediates loans. This means that you submit an application to them and then they contact all the lenders with whom they cooperate. These respond and tell if they want to lend money and isf to what conditions. For you as a customer, this means that you only send in one application but receive answers from many and can choose the cheapest option. And it costs you nothing at all.

In my eyes, this is a really good service for you who want to take out a private loan. We have links here on the site to a number of these loan intermediaries.

Then you should know not all lenders cooperate with loan intermediaries

money savings

Some of the big banks are not doing this yet. But here I predict that they will soon have to do so if they do not want to lose a lot of customers. For, really, one might wonder why a borrower would not use a loan broker. It probably saves them money.

As I said at the beginning, several different new actors have been working on this. It almost feels like there is a new loan broker every month. Okay there maybe I am exaggerating a bit but many are iaf. I have a hard time believing that all of these will remain in five years, but I think we will have a couple of players that dominate the market overall. It is possible that the others remain, but we will probably not see much of them.

Those who remain I think will be even better than they are now and even then have more lenders with whom they work. Maybe they will also have started more with other types of loans. For now, the most important issue is private loans, although there may be little else too, but then not as well developed. We can simply see what the future will be like, but this is what I predict when I look in my glass ball.

Can a limited company lend money to private individuals? | Business Loan

For loans and corporate loans to limited companies, click here. Have you considered whether it is possible for you as a private person to borrow money from a limited company or perhaps you have a company and want to lend to related parties? A very common misunderstanding is that it is as good as possible to take money from their limited company and lend to what is called the “prohibited circle”, but that is not the case. In this text you will read about what applies to companies and loans and how you, as a private person, can apply for a fast loan or bank loan in other ways.

When you talk about the prohibited circuit, you mean people who have a strong connection to the company. It could be, for example, the CEO, part-owner of the company, a board member or a relative of one of these persons. It is important that under no circumstances do you violate this and still offer a loan from the limited company, as this can have major consequences.

There is a clear reason why it is forbidden to lend money to private individuals. The main reason is to be able to protect the company as much as possible, but it is also about not being able to spend money privately that has not yet been estimated. If you have an individual company, this works completely differently. There you can withdraw money from the company as you wish, since the company and the private economy are linked. However, when it comes to an AB, it is quite the opposite.

Do the rules always apply?

money loan

For the most part, the rules for loans between limited liability companies and private individuals always apply, but there are exceptions. For example, if you are the owner of the company, you have possibility to deposit or withdraw money from your company, as long as the money continues to go to the particular company in question. In many cases, it is also possible to charge interest on these amounts, e.g. if you have a need for a business loan.

Lending money to their company is probably not what you think of when you want to know if there are any exceptions, right? Therefore, we will also look at another alternative. If you are the owner of an AB, some loans may be covered by an exemption rule. It may then be that you lend money to a group company or if you use a commercial loan. When talking about commercial loans, this means that the loan is entirely commercial. The loan you issue should go 100% to another company, no private individual in between. This also applies to the other side. You as an entrepreneur can apply for a commercial loan to try to promote your business, but you cannot take out a loan for skiing in the Alps with the family.

What happens if you have already borrowed?

money loan

Have you already borrowed money from a limited company or have you as a company already lent to a private person? Then this can be counted as an income. An income always needs to be taxed in order for it to be considered legal and if you miss this you may also have to pay a tax supplement, just for the miss. Unfortunately, it can go so far as to risk being punished by imprisonment or fines (see the Companies Act ). However, imprisonment is not so common, but it should be remembered that the opportunity exists.

Loans to individuals

money loan

There are much better ways to go about applying for a loan as a private individual. You can either turn to a comparison site, like here at Nanaybank, where loans from several different banks are collected and can be compared in a smooth way – or you can see if there is any cooperation with a bank through your union. If you want to spend the money privately, it is also better that you apply for a private loan from the beginning to ensure that you are doing the right thing for you. Today, the most common are private loans, quick loans, sms loans and credit loans, but what you choose will of course depend on the purpose. By comparing different banks to each other, you can find a bank or lender that offers the best interest rate possible and a maturity that you feel comfortable with.

The reason to compare loans

No matter how much we hear about taking a loan carefully, unfortunately, they still make the mistake of getting paid by one of the banks, so they take out a loan there. This is not to say that this may not be a good solution, but it is unnecessary to risk a 10-20 to 30 year financial commitment. You should not treat a borrowing as a big purchase, because you have to be careful here because it is in your self-interest.

 

Remember the Swift franc loans?

loan

In the 2000s it was very popular that people did not choose forint-based credit. The reason is very simple, the monthly installment was lower. While many have tried to say that there is an extra risk that can not come with forint loans, not many people have listened to the smart word. This risk was currency risk.

To put it simply, our income was in forints, but our debt was recorded in Swift francs. Let’s count a bit! Typically, one Swift franc was worth 149 forints when most of them took out their foreign currency loans.

Let’s say we raised $ 10 million , which is converted to CHF 67,114. As long as the exchange rate does not move very well, there is no problem with it. Yes, but the exchange rate jumped up to 256 forints. Thus, the amount of the CHF 67,114, that is, the amount of the loan we borrowed was no longer HUF 10 million but HUF 17,181,208. This difference is staggering even after so many years. More than that, nothing warns us about making the most careful choices.

 

Let’s start with the basics

compare loan

Even if it seems like a big exaggeration, consider this question as if it were a gamble. And we have to figure out who will win.

Currently there are more than 30 banks operating in Hungary. Of course, not everyone can give us a competitive offer, but just for the sake of numbers, this means that we have a 1 in 32 chance of keeping a bank account (or intending to borrow) at the bank that is best for us. In percentage terms, this is exactly 3.125%. If you have enough chances then you should not read this article, but if you want to increase your chances, keep with us!

 

Use the calculator on the credit

Use the calculator on the credit

The easiest way to increase your odds of just over 3% is to compare the offers of as many banks as possible. We would also like to offer you a very good heart by clicking here and counting . Here’s what we’ll do next.

Let’s count on a 20-year $ 15 million loan. According to the calculator, at present the best offer is about 75,386 HUF / month. In contrast, the bank charges us $ 103,267 per month for the least favorable loan. In our opinion, nobody is willing to give up about ’28 thousand forints on a monthly basis.

Even more interesting are these numbers when you look at the difference during the entire loan repayment period. In the first case, we will refund you $ 18,292,854 to the $ 15 million withdrawn. Now hold on to it or in the other case $ 25,033,080. The difference is no less than almost half of our borrowed amount, which is close to HUF 7 million.

 

This is just the beginning

loan comparison

So far, we have come to the conclusion that we have calculated how important it is to pay attention to where we can borrow for our property. Follow us in the future! Contact us if you need more information sooner ! To the best of our knowledge, we will help after we call you back.

The reason to compare loans

No matter how much we hear about taking a loan carefully, unfortunately, they still make the mistake of getting paid by one of the banks, so they take out a loan there. This is not to say that this may not be a good solution, but it is unnecessary to risk a 10-20 to 30 year financial commitment. You should not treat a borrowing as a big purchase, because you have to be careful here because it is in your self-interest.

 

Remember the Swift franc loans?

loan

In the 2000s it was very popular that people did not choose forint-based credit. The reason is very simple, the monthly installment was lower. While many have tried to say that there is an extra risk that can not come with forint loans, not many people have listened to the smart word. This risk was currency risk.

To put it simply, our income was in forints, but our debt was recorded in Swift francs. Let’s count a bit! Typically, one Swift franc was worth 149 forints when most of them took out their foreign currency loans.

Let’s say we raised $ 10 million , which is converted to CHF 67,114. As long as the exchange rate does not move very well, there is no problem with it. Yes, but the exchange rate jumped up to 256 forints. Thus, the amount of the CHF 67,114, that is, the amount of the loan we borrowed was no longer HUF 10 million but HUF 17,181,208. This difference is staggering even after so many years. More than that, nothing warns us about making the most careful choices.

 

Let’s start with the basics

compare loan

Even if it seems like a big exaggeration, consider this question as if it were a gamble. And we have to figure out who will win.

Currently there are more than 30 banks operating in Hungary. Of course, not everyone can give us a competitive offer, but just for the sake of numbers, this means that we have a 1 in 32 chance of keeping a bank account (or intending to borrow) at the bank that is best for us. In percentage terms, this is exactly 3.125%. If you have enough chances then you should not read this article, but if you want to increase your chances, keep with us!

 

Use the calculator on the credit

Use the calculator on the credit

The easiest way to increase your odds of just over 3% is to compare the offers of as many banks as possible. We would also like to offer you a very good heart by clicking here and counting . Here’s what we’ll do next.

Let’s count on a 20-year $ 15 million loan. According to the calculator, at present the best offer is about 75,386 HUF / month. In contrast, the bank charges us $ 103,267 per month for the least favorable loan. In our opinion, nobody is willing to give up about ’28 thousand forints on a monthly basis.

Even more interesting are these numbers when you look at the difference during the entire loan repayment period. In the first case, we will refund you $ 18,292,854 to the $ 15 million withdrawn. Now hold on to it or in the other case $ 25,033,080. The difference is no less than almost half of our borrowed amount, which is close to HUF 7 million.

 

This is just the beginning

loan comparison

So far, we have come to the conclusion that we have calculated how important it is to pay attention to where we can borrow for our property. Follow us in the future! Contact us if you need more information sooner ! To the best of our knowledge, we will help after we call you back.

Home Loan Fundamentals For The Big Bang

Now that the Baby Waiting Credit Fever is raging, we tend to become a little rushed, skipping over certain things. The only problem with this is that we create difficulties for ourselves and get credit later. And this is true not only for Baby Loans, but for all of them. Therefore, accept the following good advice from us!

 

The less the better

The less the better

Of course, it is easy to say, in this case to write. But let’s face it, we’re usually committed to borrowing for 20-25 years. 1-2 years doesn’t matter that much, and in most cases we can save 1-2 million forints plus interest.

Of course, if we get a low-interest promotional loan offer or find the real estate of our dreams, then there is nothing to do, we need to take immediate action. Do you think we need the whole $ 10 million for the Baby Waiting Loan?

 

Not the first option will be the best

Not the first option will be the best

As we have written above, we are committed to the long term, so it is worthwhile to make a thorough comparison between the individual loans. Many fall into the trap of choosing a loan based only on their monthly installments. All that matters is that saving a few thousand forints a month at the beginning does not mean that our credit will be cheaper all the time. Based on a number of components, after using the calculator of credit.com , we will find the solution for you. Of course, this does not apply to the Baby Waiting Loan, the terms are pretty much the same.

 

Borrowing is not free

Borrowing is not free

Keep in mind that you have to calculate a number of costs, say when buying a home . Signing fee, notary fee, ownership certificate… just a couple of the expenses involved. Before you embark on a great adventure, make sure you pay attention to them, and you will not get any unpleasant surprises.

 

Credit is good if we make the right choice

Credit is good if we make the right choice

Reading through it, we can conclude that if we follow these few statutes, we are unlikely to expand the pool of people who are complaining about loans. More for those who are excited about the opportunity and the new apartment. It is much better to run the project in such a mood than to be dissatisfied and in a bad mood. Remember we will have a new home, which is fantastic. Therefore, ask us for an appointment! That way, we can help you through the difficult first steps, from taking the key to paying the last installment.