There are many financial institutions that offer financing solutions. We explain the differences and how to choose the right offer.
Your tastes, your preferences
When you're out at a restaurant, the menu can be inspiring.
You study the dishes, you compare the proposals, you choose the accompaniments and if your finances are a little tight, you also take a look at the prices displayed.
It all ultimately depends on how hungry you are, what you like, and what kind of restaurant you can afford. The choice is vast and the type of cuisine varied.
The comparison with a credit search approach is not that far off.
You simulate the amounts borrowed, you compare the services offered, you choose certain options and, depending on what your budget allows, you choose a partner and a financing formula that suits you.
Let's take a closer look at the menu...
The Classic
Most banks in Switzerland have branches that offer consumer loans.
However, some do not provide for this type of solution.
Rates and conditions vary regularly, but for the most part, this is a serious and professional service. Nothing that's not hard to digest. These institutions include Migros Bank, BCGE, BCJ and Schweizer Kredit, to name but a few.
Be careful, however, not to put all your eggs in one basket. Diversification of your financial operations is often an advantage in future negotiations.
Finally, be careful not to approach multiple financial institutions at the same time. This may limit your scope of action, as all your procedures are registered with the credit information centres.
The Trap Dish
The rates are tempting, the offer makes you salivate and there is nothing comparable to the menu. Too good to be true?
That's the risk. The rates applied on the market are roughly similar, so beware of lofty promises. On the other hand, if you are asked to contribute to cover 'application fees' or 'administrative costs', run away.
Our advice: don't fall into the pot. If it's too good to be true, it often is. There's nothing stopping you from doing more information, but check the company's history and don't pay anything! Failure to do so would lead to good indigestion.
The plate to share
What if you went through an intermediary that offers a crowdlending solution ? In a way, private individuals or companies invest in your project. The intermediary takes a commission.
The result is similar to that obtained by going through a bank; The capital, however, comes from a third party or several investors. In return, your creditors benefit from an interest rate close to those of the market.
This is an interesting approach and some players such as Lendora and Lend, both partners of Milenia, offer this solution. It's a formula that's in tune with the times.
The Signature Dish
A blend of all the best in the kitchen at your disposal. You taste, you choose, you taste. All this, offered on an easily accessible platform, 24 hours a day, 7 days a week.
This is what is offered through a financing platform established in Switzerland and benefiting from an unparalleled quality referencing.
With a wide range of renowned banking partners, you will benefit from a solution tailored to your needs. Some examples of partners are BANK-now, Cembra Money Bank or Bob Finance. All are recognized and respected. A personal advisor will be able to guide you towards the best choice that respects your budget.
Cooking time? Slow in taste but quick in execution. A financing package is offered to you within 24 hours and your file is then put together. The contract follows so that you have all the information related to the terms and conditions. Do you have a question? We're here for you.
You are accompanied every step of the way. In addition, you will be sure that the procedures will meet the legal regulations in force. Every precaution is taken to avoid a case of over-indebtedness. Your personal interests are taken into account.
Your money is immediately transferred to your bank account.
The price?
From the simulation to the preparation of the supporting documents file, from the submission of your file to the signing of the loan contract to the payment of the amount concerned... All of this is offered. The financing platform is remunerated through the lending partner bank. Whether your application is accepted or not, whether you change your mind during the process, or whether you decide to wait before making a decision, you will not be asked to pay any money.
The rate? No empty promises, no unpleasant surprises. Everything is clearly communicated and you benefit from the offer that best suits your personal situation and the needs of your project.
A dessert with that?
Of course! And let's plan for a quality wine as well. Complementary solutions are available in the form of a credit card with advantageous options and coverage for loss of income is the highlight of the culinary outing.
No more joking
You will have noticed the good-natured 2of this comparison, but the information provided is objective and rooted in an experience that covers years of service with loyal customers who trust us for their credit.
A consumer loan is not something to be rushed. The process deserves your full attention and serious support from a recognized and referent platform in Switzerland.
The terms applied are of paramount importance in your choice, but at the end of the day, trust is the most valuable value when you sign a financing contract. People must remain at the centre of your interlocutor's concerns and this is a rare commodity.
This will be the case if you opt for our support to finance your real estate project, the payment of your studies, the coverage of expenses related to your marriage or the purchase of your vehicle. Whether you are an individual or a company director, you have the same service, the same enthusiasm.
At Milenia, our values guide our actions. At Milenia, every customer deserves personalized and committed attention. At Milenia, our sense of responsibility is at the top of our minds when we advise you and when we draw up your case.
Our mission is to improve people's lives. We are committed to this every day as long as the proposed solution makes sense, respects your reality and adds added value to the quality of your life.
Enjoy your meal!
