Bavaria Finanz: Serious credit for quick emergency aid
Bavaria Finanz confirms a strong increase in the demand for loans for self-employed and freelancers. This is due to the fact that the Corona aid loans (KFW loan), which have been widely announced by the state, are either not approved at all, the amounts paid out are far too low and / or the payout takes too long. As a result, more and more self-employed and freelancers find themselves in financial need and need quick help. So alternatives are needed. However, it is generally not that easy for the self-employed and freelancers to get a bank loan. Bavaria Finanz offers those affected across Germany an alternative and answers important questions on the subject:
– State subsidized: What is a KfW loan?
– Loan without Schufa: How does lending work through private donors or foreign banks?
– Earmarked: What is a home loan and savings contract?
STATE SPONSORED: WHAT IS A KFW LOAN?
Bavaria Finanz explains that one possibility for freelancers and self-employed people to get a loan is the state-sponsored Kreditanstalt für Wiederaufbau (KfW). Among other things, KfW supports company founders in setting up their independence and is currently responsible for granting Corona aid loans. This loan is actually supposed to help those affected by corona to cover running costs and posted sales slumps. But this can also be used for purchasing material, machines and software, provided the loan is approved and paid out. The special KfW loans have particularly low interest rates. The application is usually made together with a professional credit institution or financial advisor, says Bavaria Finanz. As we have already addressed by Bavaria Finanz, given the high demand, not all corona sufferers receive a loan or it simply takes too long until the money is paid out.
BAVARIA FINANZ KREDIT: HOW DOES THE LENDING WORK BY PRIVATE FINANCIALS AND FOREIGN BANKS?
As a specialist bank, Bavaria Finanz brings together private financiers, investors and foreign banks with loan seekers. Private donors, investors and foreign banks have the opportunity to support their own projects or invest their money in a return-oriented manner. With Bavaria Finanz, loan seekers have the advantage that the loan is usually granted and paid out quickly, in some cases within a few days. For lending to self-employed and freelancers, all you need to do is fill out the Bavaria Finanz application form. If the loan is approved, the process is similar to that of any other bank and further documents have to be submitted – except for a credit report, which is not necessary at Bavaria Finanz. If all of these are available, individual repayment periods and due interest payments are determined. This is followed by the prompt payment of the requested amount, which is freely available to the borrower – another advantage of a loan from Bavaria Finanz.
PURPOSE-RELATED: WHAT IS A BUILDING SAVINGS AGREEMENT?
Another way to get a loan as a freelancer or self-employed person is the building society loan agreement, as Bavaria Finanz explains. However, this is earmarked and may only be used for construction work on the house, such as energy-saving renovations or modernizations, continues Bavaria Finanz. With a home loan and savings contract, an exact savings amount is agreed upon when the contract is signed. The borrower pays into the contract for a specified period of time until a certain amount (usually 40%) is reached. Bavaria Finanz informs that the amount paid in will later serve as security for the loan. Only then is a loan paid out over the remaining amount of the Bauspar loan. Basically, banks need a simplified credit check before paying out any building society loan, and self-employed and freelancers must disclose their last three annual financial statements, which is why lending often fails.
BAVARIA FINANZ CREDIT: SERIOUS CREDIT AND EQUAL OPPORTUNITY FOR EVERYONE
At Bavaria Finanz, on the other hand, everyone has the same fair chance of a serious loan that is individually tailored to their own situation. Bavaria Finanz provides further information on the subject of credit for the self-employed and freelancers and generally about a loan without Schufa https://www.bavariafinanz.com/ to disposal.
Loans without private credit? With Bavaria Finanz you have chosen the right online loan provider! With over 15 years of experience in the online credit business, Bavaria Finanz have brought enormous experience to the benefit of their credit customers. The offer for loans without Schufa at Bavaria Finanz is comprehensive and is offered at good conditions – whether instant loan, debt rescheduling, loan summary, credit increase, car loan for cars, motorcycles, etc.
Company contact
Bavaria Finanzservice eK
Stefan Seidl
Maple ring 7
94363 Oberschneiding
09426-8522316
[email protected]
https://www.bavariafinanz.com/
Press contact
Bavaria Finanz Service eK
Stefan Seidl
Maple ring 7
94363 Oberschneiding
09426-8522316
[email protected]
https://www.bavariafinanz.com/
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