The business loan is a sum of money granted to a company to cover its cash flow needs.
A business loan can be taken out for different needs:
- finance a goodwill (set-up or takeover)
- fill a lack of cash
- finance the purchase of a company vehicle (see also leasing)
- finance equipment
- mortgage loan to finance premises
The granting conditions are different for a business loan than for financing for individuals. Indeed, the manager is generally asked to pay a contribution for any obtaining of a professional loan. In addition, depending on the need, the health of your business and its results will be required by the banks.
Other definitions of the lexicon starting with the letter P:
Everything for your request
Compare the credits and find the best rate
Simulate your credit with our simulation tools
Inform yourself before your credit application