Professional credit
The loan solution that allows you to realise your professional projects.
Apply for a professional credit at BERDINVEST
For financing your business projects
A professional credit or loan refers to a financing system that is exclusively intended for people working in a self-employed occupation. They can be in the liberal professions such as: doctor, lawyer, accountant, craftsman, tradesman, farmer. They can be members of associations, VSEs (Very Small Enterprises) and others. Such a loan will be used to finance the needs inherent to the said professional activity such as serving as a treasury, buying equipment, financing a property…
Reserved exclusively for professionals and businesses, BERDINVEST professional credit is a form of financing that meets three main types of needs:
Cash flow needs
A company in a bad financial situation is a company that no longer has enough cash (credit and credit on its monthly payments) to pay its suppliers, employees and other creditors. In other words, the balance of the company’s bank account is negative.
Equipment needs
Equipment includes everything a company needs to operate in the best possible conditions: office furniture, office supplies, materials for fitting out premises, etc. The purchase of such equipment could jeopardise the company, especially in the event of a drop in activity. Thus, taking out the BERDINVEST professional credit enables these risks to be limited.
Real estate needs
Real estate needs include the acquisition or construction of new offices, warehouses, land… Among other things, tax exemption or the type of investment aimed at reducing taxes is also included in this type of need.
If you are a professional or business in need of a business loan, then the BERDINVEST business loan at a fixed annual interest rate of 3.15% over a repayment period of up to 360 months is the loan for you.
The particularities of professional credit
Professional credits have many similarities to personal loans for individuals. For example, they can be offered at a fixed or variable rate. They can also be subject to deferred or early repayment.
However, some business loans have some special features. As a quick and easy loan, the borrower can finance the entire amount of his or her project, without necessarily needing a personal contribution. This will depend on the financial health of the borrower’s business and the analysis of its accounting records.
When a borrower wants to take out a business loan, he or she will be asked to choose between group loan insurance (offered by a bank) or an individual contract.
In this way, the bank or lending organisation can offer its group loan insurance contract, which is distinguished by the fact that it is standard for all borrowers. The amount of the insurance premium is calculated on the basis of the average risk of all insured persons.
Also, an insurance delegation refers to an individual contract specific to the borrower’s profile. It is calculated according to the borrower’s age, the amount he or she wants to borrow, state of health and other criteria. Obviously, it is a personalised contract, designed to significantly reduce the cost of loan insurance.
What are the criteria for obtaining a professional credit?
Before financing a business project, a financial institution examines several criteria in your file depending on your financial situation, your contribution and your monthly repayments, namely:
The credibility of the project
In order to convince a credit institution to grant a loan, the project leader must provide a clear and structured presentation of the project. Moreover, the project must be SMART: specific, measurable, achievable, realistic and time-bound. The fact that you have obtained an honour loan, for example, or that you have convinced investors can, for example, strengthen the credibility of your application file.
The solvency of the company
The most popular financial information among banks, the solvency of a company simply indicates its ability to repay its debts (short or long term). It therefore makes it possible to know the financial health of the business before granting it credit. The main measures of solvency are: the financial autonomy ratio based on equity capital in particular, the repayment capacity ratio and the general liquidity ratio.
The quality of the business plan
Indeed, the financial forecast (balance sheet, income statement, financial arrangements, financial ratios, etc.) already constitutes the quantitative part of the company’s business plan. However, the qualitative aspect is also essential to be able to benefit from a professional credit. This involves market analysis, the competitive environment, the purpose of the loan, etc.
Things to remember
Professional credit is exclusively reserved for professionals and companies to cover cash, equipment and real estate needs.
If you are a professional or business in need of a business loan, then the BERDINVEST business loan at a fixed annual interest rate of 3.15% over a repayment period of up to 360 months is the loan for you.
Ready to make your project a reality?
Committed to your service for several years, BERDINVEST has carried out projects with a total value of more than 28,956,000 €. Your project should be next.