SME Credit Security (SMEC)
One option is known as SME Credit Security (SMEC). With SMEC, the government pledges business finance for companies who wish to take out a loan but are unable to offer adequate security. Banks are more inclined to provide a loan if the government is able to guarantee part of it.
Qredits now offers SME credit especially for entrepreneurs who require finance and are unable to go to a regular bank. This is an easily accessible business loan to new and existing entrepreneurs in the SME sector, of between €50,000 and €250,000.
In addition to these extra measures, it may be worth considering alternative forms of finance such as crowdfunding. This type of financing is beginning to provide a real alternative to growth financing and financing takeovers, even in SMEs. Wherever banks have a tendency to withdraw in this financing segment, other parties have jumped into this market with overwhelming success! Easily accessible, transparent and fast are key terms in this new financing market. In the business-to-consumer market, crowdfunding is therefore a tool that can generate a considerable increase in sales.
Take a moment to consider these options. If you require any assistance, we will of course be happy to help you.