The SME loan offers you an alternative to your traditional bank loans. We'll explain why this solution often makes sense.
SME loans. What is it exactly?
A business loan with the advantage of guaranteeing you an application process that is simple, easy, fast and flexible. Especially for small and medium-sized businesses.
A credit solution that enables your business to meet cash flow challenges or seize opportunities that come your way. This, with lighter conditions with regard to what is usually required, in particular in terms of contribution or guarantees.
In short, it is the provision of a sum of money such as a traditional bank loan without the administrative burden that too often accompanies this type of approach. This solution facilitates access to finance.
Bank or credit platform?
SMEs often work with one or even two banks. Their size generally does not require a broader scope of collaboration with a multitude of financial institutions.
Therefore, when a loan becomes necessary, the business owner turns to his advisor. But what about competitive bidding when applying for a loan?
This is where a credit platform is a definite asset. Not exclusively linked to a partner banking institution, a professional credit platform will allow you to compare amounts, rates and terms. After all, your business deserves a tailor-made solution. Why be satisfied with less?
Okay, but what about funding?
A financing platform such as Milenia works with a multitude of financial institutions, often banks, that finance the loans granted.
Your advisor within the platform is therefore not accountable or tied to a single partner bank. The whole point of this approach is to offer you the best market conditions available, regardless of the bank that provides the financing at the end of the chain.
It is with this lending institution that you will sign the loan documents. Your advisor will simply have ensured a simple, easy, fast and flexible procedure with the aim of gathering all the information necessary for your approach and offering you a truly tailor-made solution.
The importance of diversification.
We were talking about the importance of choice. This is also true when it comes to diversifying your financial partners. As the saying goes, don't put all your eggs in one basket. It's common sense.
Establishing a relationship of trust with various financial players ensures that you are not completely dependent on a single partner. When it comes to working capital needs, to finance your inventories, to ensure your competitiveness or to meet your receivables, your company will thus avoid being heavily impacted by strategic developments or new commercial policies that sometimes guide some of the choices made by traditional banks.
How do you go about it?
All you have to do is go to a financing platform like Milenia.
In just a few steps, your advisor will analyze your online request and contact you in less than 24 hours for a phone interview.
This will be followed by an in-depth analysis of your file to comply with all the legal procedures indicated by the financial authorities and a credit offer will then be quickly sent to you.
Upon your consent, your file is then sent for validation to the chosen banking partner and your money paid into the account of your choice.
What about crowdlending? Crowdfunding.
Various organizations apply the principle of crowdlending . This makes it possible to gather crowdfunding from investors, often private, in order to finance a business project. Lendora is an example of such an organization that allows for fundraising and actively works with Milenia.
Why Milenia?
At the end of the day, trust is paramount. It is therefore a good idea to choose an established partner with significant experience in commercial lending and with unwavering legitimacy and strong partnerships.
At the same time, Milena is now a reference in the Swiss credit landscape because it offers a smooth and fast user experience while offering sound advice and guaranteeing a truly individualized approach.
Final Words
As the manager of your business, it is crucial to choose a financing solution that is adapted to the reality of your business and respectful of your means and needs.
Milenia is by your side throughout the application process, from your request on its platform to the disbursement of your funds.
Your advisor will take all the necessary steps to ensure a quality, safe and efficient service.
You just have to take the first step to realize it! Covering your financing needs is now easy. No obligation and no charge.