Find out online small business loan information
The business loan is often needed to finance the purchase of equipment, moreover when it comes to the purchase of computer equipment to run the business at full speed, discover the possible financing.
Computer hardware is expensive for a company and cash can not always be enough to fund the entire IT needs to run a business, be it a small structure requiring some friends to SMEs or large companies requiring a larger infrastructure. We must, therefore, resort to corporate credit, that is to say, professional financing that will allow us to buy the equipment, to have it installed eventually and to run the business. The repayment will be smoothed over several months and the business activity will follow its path.
It is essential in this operation to turn to credit organizations that offer loans to professionals and make the right choice in terms of credit, especially in the context of a consumer loan.
IT: the business loan without personal guarantee
The consumer loan remains the best alternative in the context of professional credit, it is often cheaper than a bank overdraft and does not require a personal guarantee in its implementation. The repayment period can range between 12 and 48 months, with unlimited amounts but directly related to the business activity.
This loan can finance all types of needs, both inventory needs, and hardware requirements. Copiers, servers, computer workstations or any other material necessary for the good performance of the computer operation of a company represent a significant cost and especially an investment, so it makes sense to seek the right body to obtain funds quickly.
Professional loan procedures
Obtaining this financing involves providing companies with a minimum of 3 balance sheets, this is the golden rule in the field of professional financing, below this minimum guarantee, it will probably be asked for a personal guarantee or another type of guarantee to reassure the lender about the funds paid. Proof of purchase and / or installation of computer equipment will also be required from the lenders, it may be a purchase order or an estimate made by a service provider or a reseller.
Several structures can meet this type of need, first of all, banks that offer to finance to companies, under certain conditions and sometimes with capped amounts. There are also crowdfunding platforms or specialized credit institutions, all of which can respond favorably to demand but in often different conditions.
The interest is to submit a request through an online comparator that will compare the offers of business loans and select the best offer in view of the proposal made. It’s a free and non-binding approach.