Obtaining a professional loan without a guarantee is not impossible, but it is necessary to provide solid guarantees in return.
Company: get a professional loan
The creation of a business or the financing of an activity (cash, investment, development) are important stages in the life of an entrepreneur, the use of bank credit can make it possible to carry out a project. Simply put, it is necessary to make arrangements with financial institutions by submitting a professional loan request. This request will provide details on the nature of the project, but also on the situation of the company. Several documents will be requested to justify the request and study the solvency of the company.
Banks that provide professional financing will very often require guarantees from companies, including the establishment of a bond. It can be a personal guarantee, committed on the personal property of the entrepreneur, but also a professional guarantee, proposed by a specialized company. The deposit is intended to compensate for the loss caused by the default of the debt on the part of the company. It is possible to do without, but the procedures are more complicated.
Obtain financing without a bond
The surety is part of the requirements of the banks because the latter will assess the risk of non-reimbursement based on the solvency of the company, but it is absolutely not an obligation. Insofar as a company has sufficient repayment capacity, the bank will then be able to grant a professional loan without security, but the scenarios remain relatively limited. This only concerns certain types of activities, in particular the company must be able to provide two balance sheets and present a clearly favorable gross operating surplus.
Unsecured credit will therefore be accessible to companies with a certain seniority and in particular rather comfortable repayment capacities. A need for cash or a financing linked to a creation of activity will necessarily go through the setting up of a guarantee, to guarantee the good repayment of the sums borrowed. It is therefore important to carry out an analysis of the project and the situation of the company in order to inform the latter of the banks’ requirements in terms of professional credit.
Get a simulation online
Whatever the professional project to finance, it is possible to obtain quickly and above all for free a professional loan estimate taking into account the requirements of the banks. This simulation makes it possible to analyze the situation of the company, to qualify its solvency but also to propose financing solutions, with or without guarantee, according to current conditions. We also have a unit dedicated to professional financing to support companies in the development of their activities, in their investments.
A unique and privileged contact will be assigned when submitting a funding request. This allows in particular to direct the company to the right financial institutions and above all to negotiate the best repayment conditions, whether at the level of guarantees but also at the level of borrowing rates.