23.06.2022

Milenia and credaris join forces to create a credit giant in Switzerland.

The merger of the two leading financing platforms in German-speaking and French-speaking Switzerland has been confirmed. What will change? Why is this good news?

 

United we stand, divided we fall

The merger of credaris  and Milenia will result in a range of offerings and solutions that is unrivalled in Switzerland. 

The core of the strategy of this new entity will remain intimately linked to a desire to achieve excellence in the services provided. 

Anyone in Switzerland, whatever their language, wherever they live, whatever their needs, will be able to count on personalized support and a truly tailor-made solution.

This fusion of skills is anchored in a relationship of trust where experience takes precedence and where a shared desire to bring about positive change in the credit industry is clearly displayed.

Personal loans, offers for SMEs, insurance, credit cards... all offered at the best conditions, at the best rates, based on partnerships, some of which are exclusive, with the largest banks in Switzerland.

 

Let's take a step back

In the life of an entrepreneur, there are many challenges and many risks. 

However, there are some who overcome fears and doubts in order to bring an idea to life, in order to create a team whose members, together, reach heights often unsuspected at the beginning of the adventure.

Jérémie Monney is one of  them, the Milenia team is the one that climbs each summit, year after year since the launch of their financing platform, which has now become a reference in the credit sector.

However, there was nothing to suggest the dazzling success of this Swiss start-up. It must be said that credit sometimes gets a bad press, the market is crowded with brokers of all kinds and despite the experience of its founder, nothing was won, everything remained to be done.

 

So, what allowed Milenia to take flight?

4 words are enough to understand why thousands of people trust this company today:

Responsibility – Simplicity – Clarity – Quality

Not only are these the intrinsic values of Milenia, but they are at the heart of every approach undertaken to serve its customers.

A responsible approach by each member of the team towards their client; A benevolent attention that is concerned with its reality. 

Simplicity in the steps to be taken to carry out a personal project. 

Clarity in the actions taken and the conditions applied; Everything is transparent, well communicated, clear. 

Quality because this entire approach aims to offer a flawless, professional user experience based on a reliable network of partners.

 

The result?

This is unheard of for a new credit player. More than CHF 100,000,000 in loans granted in one year; more than CHF 300,000,000 since the launch.

Above all, a growing team and happy customers. Milenia is now the second largest financing platform in Switzerland. Pride!

The 1st is credaris. Well done!

 

A new chapter, a new adventure!

We were referring to unsuspected peaks. This one is about credaris. 

Its CEO, Marc Hallauer, has known Jérémie for 10 years. These two entrepreneurs also work together to take care of French-speaking customers.

Credaris is recognized for its high degree of professionalism and is the absolute leader in the credit industry. This is also a society that has undergone a spectacular evolution, to say the least.

Naturally, fate intervened. Today, Milenia and Credaris are united. 

A single team and a single goal: to put their common know-how at the service of their customers.

The services?

A personalized welcome to understand your needs and your project. 

Then, an in-depth analysis of your file, an assessment of your creditworthiness. 

This is followed by the search for a financing solution that best suits your reality by relying on our network of lending banks.

We take care of everything until the amount borrowed is paid into your account.

How much does it cost? Nothing. 

Both credaris and Milenia follow the relevant legal guidelines and apply strict ethical rules. There are therefore no expenses to be expected to take advantage of our expertise. Our remuneration comes from agreements with the banking partners with whom we collaborate.

In the end, your project is in the hands of experienced advisors who are committed to supporting you in your efforts. While ensuring that the risk of over-indebtedness is avoided, we offer you balanced financing that respects your ability to repay. It is a clear, simple, responsible and qualitative accompaniment.

 

Other benefits?

The list of benefits for you, our customers, is long:

Access to exclusive relationships with the country's largest  banking players.

A wider variety of services offered.

The combination of know-how and cultures makes it possible to personalize the customer experience even more.

The sharing of technological tools makes the process even simpler, even faster.

Better conditions and better rates.

 

The Adventure Continues

Milenia's fundamentals remain intact. The two players in this new group respect each other and recognize the specificities of each entity serving the well-being of the whole.

Milenia will therefore keep her name. Jérémie Monney remains CEO and, together with his team, will continue to develop its financing platform.

More than ever, Milenia remains French-speaking Swiss, remains based near Lausanne and will continue to serve its customers according to its charter of values.

The same applies to credaris, which remains in Zürich. 

Marc Hallauer becomes CEO of the new group and will work hand in hand with Jérémie to ensure the sustainability and development of the new structure. Credaris will focus in particular on a Swiss German clientele.

Behind the scenes, all employees will be able to benefit from the experience of their new colleagues, will be able to take advantage of new technological tools, and will benefit from new conditions that will allow them to serve their customers even better.

Above all, each member of the team will have the opportunity to learn, grow and evolve within this new structure.

This union is a real opportunity for all parties involved. 

The pages of the book Milenia will continue to be written, in all humility; New chapters will be born, but today, we are simply proud to share this new milestone with you.

We are proud and above all very grateful to you, our loyal customers, our partners and the team that has always believed in our project and has worked to reach these famous heights, some planned and others, unsuspected. 

Thank you, plain and simple.

 

 

 



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What exactly are we talking about?

When you want to finance a project, there are various solutions available to you. Credit is a relatively simple financing tool, quick to execute and with a light administrative burden.

For further clarification, a credit is also called consumer credit, personal loan, loan, private loan, etc. This is a loan of a sum of money by a creditor to you, the debtor. The amount in question must be reimbursed within a time limit agreed between the parties. An interest rate is calculated in addition to the principal to be repaid in order to remunerate the services of the creditor, a bank in most cases.

As this is a form of financing that does not require a down payment or guarantee, the rate applied varies according to the amount borrowed, the quality of your file and the repayment period.

Financing platforms such as Milenia are used to offer the best rates on the market and to support you in your efforts. You don't pay anything for this service; The remuneration of these platforms is ensured within the framework of the agreements with the partner banks.

 

Before you compare, ask yourself two questions.

Is credit the right solution for my project?

Am I eligible?

The first question has the merit of judging the relevance and usefulness of your approach. As a responsible service provider, we put your interests at the heart of our attention. Over-indebtedness must be avoided at all costs and your loan must bring real added value and not represent a debt that is difficult to overcome.

Can your project be scaled back? Does your cash flow simply allow you to avoid taking out a loan? Is it the right time?

These are all useful questions that allow you to judge whether or not you need to move forward.

The second question is also important.

Your advisor will be able to support you in this reflection, but you can already eliminate some doubts:

Am I domiciled in Switzerland? If not, you will not be eligible.

Am I of legal age? If not, you will not be eligible.

Am I involved in an action filed in the debt collection? If this is the case, you will not be eligible.

 

One egg, one basket.

If you want to continue with a credit application, don't rush!

Above all, do not file multiple applications with different providers or banks.

Each request is logged and will block your access to a favorable response.

Compare, choose your financial partner wisely and, if the conditions are met, draw up your file with them.

To make a fair choice, take advantage of the service offered by a financing platform. It's online and it's easy.

 

Compare what, exactly?

The quality, the network, the accessibility and, of course, the conditions.

By quality, we mean the clarity of the information provided and the transparency of the platform. 

Are there testimonials from satisfied customers? Is there an independent quality body involved, such as Proven Expert? Is the team running the company clearly displayed? Is the company based in Switzerland?

As far as  the network is concerned, the quality and scope of the network will determine the quality of the offers offered to you. Check the partners page or search for published articles or the platform's blog if it exists. 

It is preferable to do business with a major player in the market that has serious, even exclusive, partnerships with recognized banks.

Accessibility. An online solution is often less time-consuming and just as relevant as if you went to an agency. However, it will be necessary to speak with an expert, go through your file in person and have live advice. 

Be sure that you will be able to access this service.

Lately, the conditions. The rates displayed on the various platforms are often similar. There are criteria to be met, however, and these often make the difference.

First of all, the process until you sign the loan agreement must be completely free of charge! Whether you visit a credit comparison platform or a financing platform, run away if you are asked for a single franc for so-called administrative or processing costs.

Secondly, do not sign anything when you are in a comparative or information-seeking process. Your file must first be well completed and analysed and it is only when you make a credit proposal following the acceptance of your application that you will have the opportunity to sign or not.

Finally, a 0.10% lower rate does not necessarily mean a good deal. All of this must be considered. The quality of your relationship with your advisor, the seriousness shown when drawing up your request, the choice of partners... Confidence and peace of mind knowing that you are in good hands is far more important than a tiny spread in the rate offered.

 

Do you have any questions?

We invite you to inquire via Milenia. You will have the opportunity to simulate your credit, learn about our solutions, get to know our team, ask your questions, browse through our customer testimonials and discover our articles on our blog.

Take your time, compare and when your choice is made, we will be at your side to carry out your project. Under the right conditions, with confidence and transparency.

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Loan illustration: loan of CHF 10'000. Effective annual interests rates between 4.9% and 10.95% over a 12 month period lead to total interests of between CHF 261.80 and CHF 615.20. Duration: 6-120 months; Maximum annual interest rate (including all loan handling costs) 10.95%. Loans approval are prohibited if they lead to excess debt for the consumer. (Art. 3 LCD)

 

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