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Banxware arranges interest-free loans for start-ups, but …

The offer sounds tempting for young companies: you can apply for a loan of up to 100,000 euros, you don’t need to provide guarantees, payment is made within one day of the application. And: “Banxware offers fair financing with a transparent cost structure with only a previously agreed flat fee, meaning no interest or hidden costs,” says a recently published statement.

Furthermore, the lending company only has to exist for six months.

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