Business loans have been created for real entrepreneurs in the Netherlands, so there is a good chance that you too can use them.
For every entrepreneur, financing is the engine behind every success that he can achieve or has achieved. Few entrepreneurs have the capacity to finance the company themselves, so almost every entrepreneur has to take out a loan for something. If it is not financed via the bank, then it is a loan from family or friends. But almost every entrepreneur cannot do without a business loan.
Starting entrepreneurs are often reluctant to take out a business loan. But if you believe in your own business plans, you must take out a loan to be able to implement these plans. Various agencies and fellow entrepreneurs will quickly inform you of the many possibilities for starters to take the step to independence by applying for a business loan.
The government also has money to encourage starting entrepreneurs. After all, entrepreneurs keep our economy going for the most part, the government wants to contribute to this. An amount of 15 million USD is available from the government and is paid through Cream Bank, the trade name of Microcredit Company in Nederland. Here, starting entrepreneurs can borrow starting capital up to an amount of 35,000 USD. With a good business plan, business lending up to an amount of 35,000 USD is no problem.
As an existing entrepreneur you are also eligible for a starting capital if you want to start a new business in addition to the business you already have. The advantage is that you can offer the financier a look at how you run the current company. That always helps as extra security for getting a business credit.
Do you need larger amounts as a business loan? For example, amounts up to 250,000 USD and you cannot give collateral to the financier as a guarantee, you will be eligible for the Good Bank guarantee scheme. The government guarantees the amount that you want to borrow for up to 200,000 business. If you purchase real estate or machines with a large business loan, they serve as collateral and then you often do not qualify for the Good Bank deposit scheme.