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What to look for when taking payday loan?

The first decision you should make when applying for payday loans is to choose a loan company. Customer confidence has been gained over the years, so it’s best to choose an institution that operates on the Polish market long and enjoys good opinions. After all, reviews of existing customers are the most reliable source of knowledge. A trusted lender is a guarantee of security, openness and flexible solutions.

Repayment terms

Although all non-bank financial institutions operate on the basis of the same law and on similar principles, their offer differs significantly. A good example is a clear contract, clear repayment terms and a flexible approach to them, e.g. in the form of deferred repayment on friendly terms.

Rapid decision-making process

Rapid decision-making process

Non -bank loans (including payday loans ) are most often requested in situations requiring quick action, e.g. car breakdowns, flooded flat, and on the other hand fantastic price promotions happen very often when there are still a lot of days left until the next payment. When choosing payday pay via the internet , pay attention to the quick decision-making process regarding its granting. Efficient loan institutions with a pro-client attitude can make a transfer to the account indicated by the customer in just a few minutes. The passing time does not have to be an obstacle, especially in such elementary matters as finance.

Convenient online loan application

Convenient online loan application

Before you decide to grant a loan, you must apply for it. In the best loan institutions, the customer only needs to complete an application online, in which he gives his basic data, as well as some information on household income and expenses. On the financial institution’s website, the customer should conveniently indicate the amount and repayment period he or she is interested in, automatically getting to know the amount of installments and details of the cost of the loan and its interest rate (in accordance with applicable law).

Availability of loans

Availability of loans

The assumption of most loan institutions outside the banking sector is the availability of their services to a wider group of clients than traditional banks. Borrowing is based on mutual trust. That is why the best loan institutions approach their applications quite liberally. Access to cash is not reserved almost exclusively for people employed under permanent employment contracts. Successful loan applications do not have to require the delivery of many unnecessary documents and certificates. What’s more, it is worth to bet on the lender, which promotes timely repayment of loans, providing their trusted clients with increasingly higher amounts.

Transaction Security

Transaction Security

When choosing a loan institution, we cannot ignore the issue of online security. Finally, when submitting a loan application, we provide a number of important personal data. An encrypted connection is actually a standard. Proven loan institutions benefit from a number of appropriate safeguards, in this case – the largest online payment operator in Poland.

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Request for funding not accepted: what are the causes? – Loans

It is becoming increasingly common to be faced with the refusal of requests for funding, especially from 2008 onwards, due to the economic crisis, the lending institutions are increasingly “defensive” in the granting of credit, it can therefore happen to receive waste even if not it appears in the list of bad payers. What are the causes of this waste?

Loans despite bad payers

Loans despite bad payers

The first reason, of course, is to be included in the list of bad payers because previous delinquencies. In this case, it is really difficult to think that another lender can grant you the loan, because your loan history is not shown. As a result, no one bothers to take the risk, as long as the previous insolvency is not cleared. If you are on the list of bad payers, the only possibility to get a loan is that of the salary assignment, because in this way 20% of the monthly net salary will be withdrawn directly from the account, but the possibility only applies to state employees or individuals employed for at least three months and for retirees, not for atypical workers.

As mentioned, it stumbles then more easily in waste which may also seem “strange.” The reasons arise due to the combination of the economic crisis with the type of work contract of the applicant (atypical or specific) which does not guarantee enough compared to the total sum requested. This guarantee perception is then further lowered by the current difficult economic situation, so we prefer not to trust rather than trust and even risk a minimum possibility of not repaying the credit. In the case of numerous insolvencies, in fact, the banks themselves are at extreme risk. The most easily refused formula is that of personal loan, because it is not tied to any well-defined purchase and therefore it is impossible to retaliate on material goods.

Applying for a loan

Applying for a loan

Take into account two conditions in particular for not seeing you refused a loan: the installment must be around 20% maximum salary (in the absence of other funding) and a salary of at least 600-650 USD is needed to hope for a good end since salaries up to $ 460 per month are considered bare subsistence. If you have other active loans, even if they are regularly paid, these can affect the valuation because if you add up to the previous ones, the risks of insolvency increase. It is better to wait, then, for an end to the substantial funding before moving on to others.

Be careful with these factors before applying for a loan to any credit institution, because any refusal is registered and the other financial parties you contact will see the previous loan application rejected and be automatically made to do the same. In the case of new requests after a refusal, let the refusal pass at least 45 days, to be sure that in the meantime the report is canceled .

Finally, the possibility of also bringing guarantors for the loan request increases the chances that the loan will be accepted, always keeping in mind the valuations previously exposed.

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Subsidized loans – Loans

These loans are defined as ” subsidized ” because they are characterized by the application of an interest rate that is more advantageous or that makes the repayment rate more convenient. In fact, by applying a subsidized interest rate, the applicant will have to repay a smaller amount of money than the amount to be repaid in the case of a personal loan. This is precisely because the subsidized loan was created to help companies to emerge from a state of crisis or to improve their business by modernizing the companies already started.

Soft loans Who can request them?

Soft loans Who can request them?

The subjects that can request and access these forms of subsidized loans are the companies of previous opening or new opening. The request for subsidized loans can also be made by private subjects who, at the time of publication of the notice, want to undertake a new productive activity. For the purposes of admission, the nature of the production sector chosen by the company or private individual is irrelevant.

In particular, in fact, private individuals who want to carry out business projects, can access subsidized loans in the event that they have to incur expenses for the restructuring or for the purchase of the premises or for training courses for their employees.

The same is true for companies that have to incur expenses to purchase facilities , machinery, instrumental facilities to start or to improve existing production activities.

The subsidized loans for companies: the European Union calls

The subsidized loans for companies: the European Union calls

This type of subsidized loans are provided by affiliated banking institutions. Companies or private individuals who wish to access subsidized loans will be able to consult the various tenders that are periodically published by the European Union. It is the European Union, in fact, that decides to provide non-repayable or low-interest loans. In particular, these tenders are aimed at companies or private individuals who present corporate restructuring projects in areas of economic criticality or risk of abandonment.
The subsidized loans are provided through the funds and resources of the European Union.

In particular, to verify the available tenders, the access requirements for subsidized loans and the categories of subjects they refer to, we advise you to periodically consult the page on European Financing. Here you can see which calls are active and submit the application.

Soft financing for businesses: the Italian calls

Soft financing for businesses: the Italian calls

It is not just the European Union that periodically publishes calls for companies or individuals who want to revive their business. Even the Italian State and the individual Regions can provide – again through calls for applications – forms of subsidized financing for new and old companies. In this sense it is the Invitalia, the National Agency for the Attraction of Investments and Business Development, in charge of the instrumental activities for the development of Italian companies. In fact, Invitalia has a very important and interesting function for the Italian economy. In particular, the National Agency for the Attraction of Investments and Business Development deals with attracting foreign investments, supporting innovation of Italian companies and, therefore, encouraging productive activities by favoring the development of the company on Italian territory.

Soft financing for businesses: the types

Soft financing for businesses: the types

All the subsidized loans are, as pointed out above, provided for by European, state and regional calls. These tenders, in particular, establish the maximum available and payable capital for the granting of loans. In addition, the documentation to be presented to access the loans and the capital disbursement limits are stipulated. Finally, these tenders also provide for a series of sanctions in the event of non-implementation of the projects following the disbursement and use of the capital.
Whatever the “source” of loan provision, we distinguish different types:

  • state subsidized loans for youth businesses
  • subsidized loans for Microenterprise;
  • soft loans for the creation of the franchise;
  • subsidized loans for female entrepreneurship;
  • subsidized loans for the creation of self-employment;
  • subsidized loans for craft businesses;
  • subsidized loans through the loan of honor.

 

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Personal loans – Loans

Personal loans are a special category of loans that do not have a very specific purpose. They may be required to source any kind of need. They are distinguished from the finalized loans which, on the contrary, are required to make the purchase of a specific good or service. Personal loans, therefore, can be requested to carry out any type of expense: from a gift, to holidays to medical expenses or to expenses for wellness and for particular ceremonies. Once the loan, the bank or other credit institution is accepted, it delivers the capital directly to the client.

Personal loans: the guarantees required by the bank

Personal loans: the guarantees required by the bank

Credit institutions and banks, before granting a personal loan, require a series of guarantees necessary to protect themselves from the risk of customer insolvency. The most important and common guarantees required by banks are:

  • a certain and provable income;
  • creditworthiness;

Furthermore, some banks may also require the installments to be repurchased: this is an additional guarantee that protects the provider from the risk of insolvency.
Furthermore, if the applicant has a recent seniority or if he asks for a very high amount, the bank could also request the signature of a third guarantor or a guarantor who undertakes to return the sum in the event that the applicant defaults.

Personal finance: interest rates

Personal finance: interest rates

In order to calculate the total cost of personal loans, the TAN and the APR are the two indicators to consider. They indicate the total expenditure that the applicant will have to bear during the course of the loan. In particular:

– TAN (Nominal Annual Rate) is the pure interest rate that is applied to the capital obtained with the loan. It is expressed as a percentage and does not include any incidental expenses that the applicant must incur during the loan. The Tan calculates the amount of interest that the applicant must pay to the bank or credit institution. In particular, the Tan is calculated based on the value of the amount financed and based on the duration of the loan. Tan, alone, is not enough to calculate the amount of underground financing.

– TAEG (Global Effective Annual Rate) is a much more complete indicator than the TAN as it provides the applicant with the total cost of the loan. It includes all the ancillary costs (such as, for example, the preliminary or insurance costs) that the applicant will have to bear during the course of the personal loan. Expenditure on government stamp duty, default interest, non-compulsory insurance and notary fees are excluded from the calculation of the APR.

It ‘important to note that the lenders have discretion in determining the APR. The law allows them to decide to include or exclude from the calculation of their expenses rather than some other.

Personal loans: What happens in case of non-payment of installments?

Personal loans: What happens in case of non-payment of installments?

In the event that the applicant is unable to pay the monthly installments and, therefore, in the event that he becomes in default, there are some very important consequences. First, the interest you pay will be increased and will be charged a late payment. The debtor’s name will also be entered in the list of bad payers and will be reported to the bodies that protect the credit.

This is a very important consequence since all the data of bad payers are shared on the financial and banking system: in this way, the debtor will have difficulty in obtaining credit.
Furthermore, in the event of default, the bank may decide to terminate the personal loan contract unilaterally. Here too the consequences are relevant:

  • the debtor will lose the personal loan;
  • will have to pay the expenses of protest and bank;
  • must also pay any penalty.

Personal loans: contract requirements

The law provides that the personal loan contract contains a series of elements and indications. In particular, the contract must contain:

  • indication of the interest rate applied;
  • the number, the amount and maturity of the installments;
  • the methods by which the loan is granted;
  • the APR;
  • expenditure not included in the calculation of the APR;
  • any other condition or price applied in the loan;
  • insurance coverage not included in the APR;

Personal loans can also be repaid early. In this case, the applicant will only have to pay the remaining capital. In some cases it is possible to apply a penalty for early termination established and required by law.

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Delay in the payment of a loan: consequences

If you have obtained a loan, it is obviously desirable that you have previously made all the calculations necessary to repay it within the agreed time frame. Prevention is always better than cure, said an old advertisement.

Obtain a loan

Obtain a loan

To prevent inconveniences, it is always advisable to check that the repayment installment has been paid even if you have chosen the direct debit on the current account, because there could be payments that failed for reasons independent of the debtor, but in each If they will fall back into the same consequences as those who did not pay.

In any case , if, due to difficulties, you should not be able to pay the installment for a loan momentarily, what would happen?

The first consequence , the most “painless”, is the increase in interest that generates higher costs of the installment ( so-called “blackberry” ). Later, an important risk is to be reported to the CRIF (Central financial risks) as a bad payer. This is an important consequence because it could prevent you from further access to loans for some time. The “black list” of non-paying debtors, in fact, can be consulted by any credit institution and is indeed a practice that every credit institution performs before granting a loan to a customer.

Ultimately, if the payment delay becomes excessively delayed in time, the lender can decide at any time to unilaterally terminate the contract, acting through the courts and demanding repayment forced it should be, comprehensively the costs incurred in doing so.

Even if the delay turns into a non-payment, reporting to the CRIF cannot in any case be more than 36 months, this means that after three years you will still be able to request funding without fearing for the previous report .

500 USD Loan

500 USD Loan

If a delay of up to two installments is remedied, you remain on the list of bad payers for 12 months, while delays from the three installments upwards, even if they are remedied, make the subject remain on the list of bad payers for 24 months. 12, 24, 36 months you wish to leave From the moment of balance or expiration or termination of the contract.

It is good to keep in mind that, depending on the monthly date in which each credit institution sends its reports to the CRIF, it can happen to be reported as bad payers even if the payment delay is only one day! If, for example, you have an installment due on the 15th of the month and the bank sends the reports to the CRIF every 16th of the month, you may find yourself reported even for a single day of delay.

On the contrary, you may be luckier if the installment expires on the 16th with the sending of reports on the 16th, in this case the report would leave only after thirty days.

That’s why you may find yourself with even reported a few days late. So: a loan is not like the electricity bill! If you’re unlucky, the delay of even one day can have major consequences. To this should be on time and constantly check that the payment was made in the case of payment RID.

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What is the guarantor loan – the Loans

The guarantor financing is a particular type of financing for which a creditor institution grants a loan to another subject thanks to the presence of a third figure, the guarantor, who is fully responsible for the loan and that is committed to covering any missing payments of the person that follows it.

The guarantee is officially certified during the signing of the loan contract by the guarantor’s signature, which then becomes tied up as the beneficiary of the loan. In the event that the latter does not want to be able to pay the loan reimbursement for which reason, the guarantor who has taken responsibility for it must pay the debt.

Credit institution

Credit institution

The credit institution will thus be able to make claims at its discretion not only on the debtor, but also on the guarantor, and also it will have to proceed with the payment under penalty of all the negative consequences typical of situations of non-reimbursement such as payment intimations, foreclosures, registrations in the register of bad payers and so on.

Since the payment by the guarantor would affect his financial situation, it is not automatic that the institution accepts any subject as guarantor, but will first verify the financial soundness of the Central Risks and its sources of income. This is why the guarantor must be able to demonstrate, through banking systems or through a tax return, that he has an adequate income or a stable job or property, in any case of the elements for which the financial company may, in the event of the debtor’s failure to pay, claim repayment on he.

The acceptance or otherwise of a subject as guarantor, therefore, depends substantially on how much the latter could guarantee the extinction of the debt and may or may not be granted depending on the extent of the financing made, so it varies from situation to situation.

Dollar safe – 500 USD

Dollar safe - 500 USD

For example, if the payment of a used 5000 euro car is to be guaranteed and the guarantor has a one thousand euro contract per month for two years, it is very likely to be accepted. The same subject, in the absence of other present income or property, could hardly be accepted as guarantor of a loan for a twenty-year loan. Furthermore, the guarantor cannot be included in the list of Bad Payers of the Central Risk to the borrower.

The first aspect that a guarantor should worry about, however, is that the installments are paid extremely correctly by the debtor, otherwise the payment will “rise” towards him. If for some reason this hypothesis should occur, the guarantor may still proceed to retaliate against the principal debtor, as stated in the Civil Code in the articles from 1950 to 1952 and in article 2871.

The guarantor is not a mandatory role in the financial operations of any kind. However, you can propose it to the credit institution to make it easier for you to accept a loan or, conversely, it may be the credit institution that requests it if it is not safe enough to be free of risk.

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Funding for youth entrepreneurship – Lending

Are you a young entrepreneur and you want to create, from scratch, your company but do not have cash at your disposal? It ‘very difficult, in times of crisis, to undertake a new business. But there is good news for the brave young entrepreneurs: you can in fact access funding dedicated to youth entrepreneurship in a simple and quick way. In fact, the law n. 95/1995 on loans to youth companies was conceived and issued by the Legislator precisely to encourage and encourage the development of youth enterprises in the most disadvantaged areas of the country. This financial law establishes the possibility of accessing various forms of non-repayable loans or low-interest mortgages to help young people on the difficult path to start their business.

But who are those who can benefit from this funding?

But who are those who can benefit from this funding?

First of all the companies that, to obtain the dedicated loans, must be made up exclusively of young people between the ages of 18 and 35. There is also the possibility of accessing this funding also for companies composed of more than 2/3 of young people aged between 18 and 29 years of age.
New partnerships (Snc and Sas), cooperative companies or corporations (Spa; Sapa; Srl) can also access this financial protection. They can not access the company with a sole shareholder, the de facto companies and sole proprietorships.
The residence requirement is very important . The members of the companies must in fact be resident in the following areas:

  • The target areas .: Calabria, Sicily, Sardinia, Basilicata, Puglia, Campania;
  • Objective II areas. and areas exempted: Molise, Abruzzo and common areas.

Once the subjects that can access the financing for youth entrepreneurship have been identified , we find out which are the expenses that can be financed. The law n. 95/1995 stipulates that they can get loans dedicated people who have to bear the following expenses:

  • expenses for the production of goods in the following sectors: crafts, agriculture and industry;
  • expenses to be incurred for the supply of services relating to any production sector.

Dedicated loans

Dedicated loans

Funding cannot be obtained from youth entrepreneurial projects that are not characterized by the requirement of “newness of the initiative” or that do not lead to any increase in the production base and employment. Finally they can not enjoy such loans dedicated to projects that provide a higher 2,582,284.50 USD investment.

They can be admitted to the financings of the law n. 95/1995 those companies that must bear the following expenses:

  • purchase of land: it must be equal to 40% of eligible expenditure;
  • execution or purchasing of building works including the costs necessary for the building permit or for the final design;
  • expenditure necessary to carry out the study of the feasibility of the business plan with market analysis;
  • expenses for purchase of tangible and intangible assets multiyear instrumental to the realization of the production cycle;
  • expenses for purchase of machined parts, systems, connections and equipment.

The expenses incurred by the entrepreneur before submitting the loan application are also not allowed. No charges are allowed for the purchase of goods that belong to the members or their relatives are not allowed as well as investments in the agriculture sector.

But what, on the practical side, the facilities that the law n. 95/1995 establishes for youth entrepreneurship? It provides for two types of aid:

  • real services needed in the start-up phase of the business activity;
  • financial incentives;

The latter are divided into investment costs and management fees. The law provides that investment expenses can obtain grants and subsidized loans. These are the expenses that the entrepreneur bears to carry out building works, feasibility studies, connections, plant purchases, machinery, equipment, patents, intangible assets, software, etc.
The law, however, provides repayable contributions for operating expenses. They involve the purchase of goods, raw materials, finished or semi-finished products, property leases …
Even the actual facilities are divided into two categories: instrumental real services for enterprise phase of start (the so-called start-up). The information and support services necessary to give young entrepreneurs the possibility of defining their business plans in the best way are financed. They are also eligible for funding even those training services, technical assistance that can help young people to solve the first problems associated with the start of the business.

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Regional Loans – Loans

Regional funding is made available by the Regions to help small and medium-sized businesses that need liquidity. Each Region periodically delivers economic and financial benefits to support and incentivize productive activities and all those projects that have the specific purpose of re-launching or renovating existing structures. It is, as you may have guessed, an important support for the economy of the Italian company, increasingly crushed by the crisis.

Each Region develops different financing plans but each of them has a minimum common denominator: each company must submit its project to the Region and the Region must approve it. Only with the approval of the dedicated Commissions, the Region will be able to provide the financing in favor of the companies.

Small and medium-sized enterprises

Small and medium-sized enterprises

Obviously, not everything is financed. Small and medium-sized enterprises can request access to regional financing for the purchase of buildings to expand the company or to make investments to buy new machinery or to renovate business premises or to renew the facilities used to operate the company. ‘business activity. Finally, many funds are provided by the Regions for those projects that involve new technologies to safeguard the environment.

We have specified above that each Region periodically provides funding for small and medium-sized enterprises. Let’s find out, Region by Region, what are the economic contributions that each makes available to entrepreneurs.

Veneto Regional Loans

The Veneto Region provides loans to small and medium-sized enterprises (SMEs) and non-repayable loans for Local Authorities. All in implementation of regional provisions. These regulations provide for the provision of regional financing to achieve these precise aims:

– revitalize historic and urban centers;
– requalification of the relative commercial activities;
– promote and support traditional, electronic or all those activities with historical or artistic value;
– to promote credit cooperation and associations;
– promote the development and modernization of small and medium-sized commercial enterprises in the regional territory;
– incentivize the dissemination of quality certification methodologies within the SME of commerce and services.

All these objectives are pursued by the Veneto Region through the provision of the following economic contributions:
– contributions to Municipalities and SMEs to support trade;
– low-interest loans to SMEs through a revolving fund;
– guarantees on loans to SMEs through contributions granted to guarantee institutions for the implementation of risk funds;
– contributions to SMEs provided through the use of financial resources to support projects for the redevelopment of the management processes of small and medium enterprises.

Financing Tuscany Region

Financing Tuscany Region

The Tuscany Region, through the provision of economic contributions dedicated to the company, aims to achieve a twofold objective: to emerge from the economic crisis and to face it as well as to relaunch and strengthen the companies that are part of the Tuscan productive fabric. To achieve these important objectives, the Region has the financial resources belonging to its own budget or European funds. Great attention is given to small and medium-sized enterprises to which the Region provides free guarantees on soft loans, again, subsidized interest rates whose application is made possible thanks to agreements signed with banks and Fidi Toscana.

The interventions of the Tuscany Region are carried out through the following instruments:

– financing for youth enterprises;
– non-refundable contributions for tourism companies;
– financial incentives for the acquisition of subsidized services by companies;
– contributions for new hires carried out by companies in the Province of Prato;
– non-repayable loans with the rotation fund of the Tuscany Region.

Financing Lombardy Region

There are numerous areas of intervention for the contributions made by the Lombardy Region . They consist in the provision of non-repayable grants for innovation and industrial design, non-repayable contributions for the establishment of 50% new companies, medium / long-term loans with guarantee at first demand, interest subsidies on investment programs of the current year and next year. These benefits are periodically provided by Lombardy to support companies operating in the economic fabric of the Region or to emerge from the economic crisis.
In particular , the following can be financed: industrial research and experimental development costs, the cost of which cannot be less than € 100,000.00 or higher than € 2,000,000.00. In addition, personnel costs related to researchers, technicians, expenses for technical consultancy and external services are eligible for the development, testing and testing of the product / service. Finally, depreciation costs related to plant, machinery and equipment are eligible.

Funding for the Emilia Romagna Region

Funding for the Emilia Romagna Region

The Emilia Romagna provides a whole system of non-repayable loans. Furthermore, a specific sector of contributions was envisaged to relaunch and help the areas hit by the earthquake. The Region therefore provides benefits for innovative companies. It also provides incentives for companies born in the last 4 years.
Currently two tenders have been issued that provide economic contributions to those companies that have to hire employees: these companies can receive one-off grants of up to 8000 euros.
Lastly, we recall the specific financing interventions such as those in favor of the Province of Ravenna and provided to favor the installation of photovoltaic systems.

Regional Funding Puglia

Regional Funding Puglia

Specific contributions and financial subsidies are granted by the Puglia Region in support of self-employment, micro-enterprise, youth entrepreneurship and tourism. These grants are paid in the form of an interest-rate incentive, in the form of start-up tenders, of integrated facilitation projects.
In particular, we recall that the Province of Foggia grants grants to help start up new businesses . The province of Bari , on the other hand, grants subsidized loans to encourage new productive investments, the requalification of the company’s financial structure.
Finally, the province of Lecce grants contributions for the purchase and installation of video alarm systems and anti-robbery video surveillance.

Lazio Regional Loans

Lazio Regional Loans

Currently, Lazio provides grants for the development and modernization of artisan businesses, grants subsidized loans to promote female and youth entrepreneurship and, finally, provides a detailed financial aid plan for innovative companies.
In particular, the Province of Rome has issued a series of calls for grants to grant grants to finance investment programs and technological innovation. The province of Frosinone deals with financing the business start-up. The province of Latina is providing grants for highly innovative projects, interest subsidies for artisan businesses. All these contributions can be made to modernize the company’s premises to buy new machinery and equipment.

Ultimately, the current interventions of the Lazio Region consist of:
– Discounts of up to 70% from the new business guarantee fund;
– Non-repayable financing for the creation of new businesses: they cannot exceed 75,000 euros;
– contributions paid to those companies that decide to hire new workers with apprenticeship contracts

Regional Loans Abruzzo

Abruzzo provides a whole series of grants to promote agritourism, female entrepreneurship. Specific loans are also provided for craft businesses. Currently, in fact, it is the most flourishing economic sector of the Region.
Specifically, the Province of Pescara provides subsidized loans to those companies that invest in innovation. The province of L’Aquila provides a series of loans and grants aimed at reactivating production and entrepreneurial activity following recent natural disasters. Finally, the province of Chieti provides grants to facilitate access to credit for craft businesses.

Calabria Regional Loans

The Calabria Region has a particular focus on the insertion of unemployed and unemployed young people into the world of work, especially if they are graduates. It is to this category of subjects that the Region has dedicated regional economic aid and capital and interest-rate contributions disbursed with the help of Europe.
In particular , the province of Reggio Calabria has issued a series of public tenders to support employment and to promote the spread of photovoltaic systems. The province of Crotone makes a series of contributions to those companies that submit patent applications for industrial inventions. Finally, the province of Catanzaro provides grants in favor of those companies that achieve the quality certification of business systems.

Campania Regional Loans

Campania Regional Loans

The regional contributions supported by the intervention of the European Union are substantiated in a series of non-repayable grants and subsidies aimed essentially at new businesses, mostly set up by young people, promoting women’s entrepreneurship and the development of tourism in the territory.
In particular, the province of Naples has provided a series of capital grants to support interventions aimed at saving energy and supporting the use of renewable energy sources. The province of Caserta provides financing for those companies that want to modernize their plants or buy new machinery. Finally, the province of Salerno provides grants for the adjustment and restructuring of dairies.

Regional Funding for Sicily

The protection plan devised by the Sicily Region involves grants aimed at youth entrepreneurship, female entrepreneurship and small and medium-sized enterprises.
Specifically, the province of Agrigento provides a series of contributions to support the fishing sector. It also provides non-repayable loans for youth and / or female companies. The province of Palermo make contributions to agricultural enterprises and for start-up business. Finally, the province of Siracusa delivers a range of subsidized loans in favor of small businesses.

Regional Loans Sardinia

To stimulate the growth of its economy, the Sardinia Region grants grants for technological and organizational innovation of companies, for the modernization of companies and for the training of their staff. Furthermore, with its financial interventions, the Region aims to promote female entrepreneurship.
In particular, the province of Cagliari provides a series of contributions for asbestos remediation and financing to support and promote the development of female entrepreneurship. The province of Sassari grants contributions to support the creation of companies.

Piedmont Regional Loans

Piedmont Regional Loans

We conclude our examination of the financing plans envisaged by the Italian Regions with the Piedmont Region. It provides a series of non-repayable contributions to help companies purchase machinery, equipment and facilities, software and hardware. Business combinations are also favored, incentives for those companies that want to hire new staff, grants for research and development. With other types of benefits, the Piedmont Region aims to help and support companies in the start-up, growth and development phase. We recall, in this regard, non-repayable grants of 50% for training expenses for company personnel, contributions for the internationalization processes of companies operating in the territory and subsidized loans and contributions for new cooperatives of youth enterprises.

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Quickly loaned loans without collateral (with bills of exchange): some viable solutions

They are an answer for those who have an income, need liquidity and have received waste from the banks: fast-moving, unsecured loans.

What are loan changes?

What are loan changes?

They are unfinished personal loans in which the installments are paid with the immediate issue of as many bills as there are installments to pay.
These are loans that usually have a fixed rate and a constant installment.

Example:
Financial : FinFlorence
Product : loan remittance
TAN Fixed : 14.63%
Withdrawn amount : $ 5,000
Destination : any
Monthly installment : $ 200 x 30 months

They generally have rates that are on average higher than personal loans, but never too high – always below the wear limit, of course.
The applicant is not asked for any details on how he will spend the money or on the reasons why he is borrowing it.
It is possible to repay a loan at any time of the contract, repaying the amount due.

Why are loans redeemed quickly?

Why are loans redeemed quickly?

It takes a few days to evaluate a loan request, if all the required documentation has been submitted.
The finance company immediately begins an inquiry into the applicant to assess whether he is, reasonably, able to repay the debt. In particular, check that the debtor:

  • have an income and, if it has, the loan can be disbursed even without additional guarantees;
  • have not already protested – in these cases it is very rare that someone decides to lend;
  • is not already too indebted to other companies and financial institutions.

There are no fixed rules, however, each financial company independently chooses whether to lend and its judgment is final.

What are the requirements to apply for loans with bills of exchange?

Loans are issued to any category of employee, whether employed or self-employed, and without additional guarantees if the applicant proves to have a reliable income or an adequate amount of provisioned TFR.

Loans of this kind are often granted to bad payers, or subjects who have been denied by other institutions because there are delinquencies or delays in their history.
It happens, in some cases and depending on the subject’s overall indebtedness, that a life insurance policy is requested on the debtor, which can, then give the financial guarantee to obtain reimbursement even in the extreme case of death of the debtor.

What amounts can be obtained?

The financial companies that grant these loans generally have different rules and products.
Usually, you can get between $ 2,500 and $ 30,000, to be repaid over a period of 1 to 10 years.
The agreed amount is normally paid only after the debtor delivers the signed bills.

What are bills of exchange?

 

The promissory note, also called the promissory note, is a real credit title and its official name is promissory note.
They are paper titles, slightly larger than a check. They are bought in bars and shops that sell stamps.
They are basically promises of payment where:

– a subject – who is the debtor
– promises
– to another person – which is the financial company
– to pay
– on an agreed date
– a defined amount of money
– by debit to a pre-established current account.

The title must be signed by hand by the debtor.
Each bill of exchange must be carefully completed, signed and stamped: the back of the promissory note, in fact, must have stamped marks attached for a total of 11 per thousand of the value of the payment promise.
For example, a promissory note with a promise to repay $ 200 must have revenue stamps totaling $ 2.2 for it to be considered valid.

From the previous example:
Withdrawn amount : $ 5,000
Monthly installment : $ 200 x 30 months
Cost for stamps : 2.2 x 30 = $ 66

Without revenue stamps, the bill is void.
The financial beneficiary, obviously, will not accept bills of exchange if they are not correctly stamped.

How does payment through bills of exchange work?

How does payment through bills of exchange work?

All bills of exchange signed and stamped are in the hands of the financial company which, in the days preceding the expiry of each one, delivers them to its bank with the request to credit the agreed amount.

The financial bank sends the bill to the debtor’s bank requesting payment. The bank that receives it normally notifies the debtor that a bill of exchange has arrived to be paid, but does not have to request authorization to charge it: the security is already enforceable and the bank is required to withdraw the amount due within the defined time.

If the current account has sufficient funds for the charge, everything is settled without problems. If, however, the account does not have sufficient capacity, the debtor is protested.
The financial company that does not receive the amount due to it can, in fact, start the protest and attachment procedure.

For this reason, if a debtor fears that he does not have sufficient funds to pay an expiring bill, he must make contact with the financial company and explain the problem before the protest starts.
It can, for example, agree on another payment method or issue a new bill of exchange with a future expiry – this option will cause an increase in interest.

Who do you need fast loans without guarantees?

Who do you need fast loans without guarantees?

Most banks, credit institutions and financial companies do not accept bills as a tool to repay all loan installments.
There are, in fact, some practical aspects connected with the management of promissory notes that not all subjects are ready to accept: storage, bank delivery, replacement, etc.
Here are the references of institutions that offer loans for exchange: it is advisable to check availability directly with the subjects.

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Loans made quickly at home: best offers and financial disbursements

Getting the loans quickly changed within 24/48 hours is not easy at all, there are some little precautions that need to be put into practice: it is a strategic question to know how to choose the best assisted credit products with a rapid exchange effect release.

Since the bills represent a credit instrument and a payment instrument, they are considered a good guarantee for the credit institution and for every financial company that provides the financing to the instant subject in a short period of time (even less than 24 hours ) directly to your home.

The telematic revolution that has invested the financial services sector has allowed banks and all credit intermediaries to speed up the loan disbursement process, in particular those with the issuance of bills of exchange that are currently very popular and great request from the public.

Given the relevance of today’s home-based loans, it is important to dedicate this article to the selection and selection of the best credit product suited to customer needs.

Basically, before contacting a finance company or a bank, remember that you must always be able to evaluate what a fast loan is, what the attributable advantages are and, above all, you must be able to find it in the right channels..

Thanks to this guide you will find in fact all the best financial and banks that allow you to realize your dreams: to have a loan disbursed with bills in less than 48 hours.

What is a home-based loan?

What is a home-based loan?

The loan remitted at home is a credit product that can be requested through an online procedure, the application of which can be presented by one’s own PC, by consulting between the various sites, or by appearing directly at the branch of a bank and financial company that will proceed with the disbursement of loan by sending the bank check directly to your home in order to realize your dreams or for liquidity needs.

Being a “niche” credit product the home-based loan belongs to the category of online loans it allows banks and financial institutions to offer ever more advanced products that are increasingly customizable according to the different needs of customers.

The user segments that can request a home loan can be ascribed only to certain categories considered, often and willingly, not bankable since they are bad paying subjects or protesters or foreclosures that can present the request for loans directly online on the Internet.

This is the peculiar feature that allows the same to receive the check or the bank transfer directly to your home in a short period of time, without having to wait for all the preliminary investigation and verification phases that involve “delays” in obtaining a plafond of economic resources.

However, we need a consideration and an evaluation of no small importance: requesting a loan for home exchange entails a procedural difficulty since it is extremely difficult to be able to follow the whole process online. The bills are a physical asset, a tangible credit which must be signed by the instant subject.

Most of the banks or financial institutions that provide quick loan loans forward the credit card that is presented to the bank at home.

Who should I contact for a quick loan?

Who should I contact for a quick loan?

Since this is a “niche” credit product, not all intermediaries and credit brokers are able to offer such a product that knows how to combine the possibility of satisfying a particular demand from the end and end of users that are considered high risk and get financial capital in less than 48 hours.

Distinctive features of fast-changing loans:

  1. are aimed at a target group of customers with a high risk profile (protesters, bad payers, foreclosed, unemployed, housewives),
  2. the “time” factor plays a significant role and affects the level of satisfaction of the recipient of the loan who needs a sum in less than 48 hours,
  3. possibility to subscribe the loan from home and to receive the check or the bank transfer directly at home,
  4. the bill of exchange must be signed by the applicant and presented to the bank in the collection since the same is carried out by credit and by means of payment (in essence it replaces the installment of the “canonical” loan).

There are few intermediaries and credit brokerage companies that are really able to satisfy the growing demand for a fast loan. What are the indisputable leaders who are able to satisfy customers and are they able to grant fast financing with the release of bills of exchange?