Loans and loans to merchants: how to make the best choice?
Commercial activities can be carried out through the creation of a sole proprietorship, or a company, for which there are no real specific loans for merchants, but rather types of financing designed for different needs than the volume of business, and the type of sector can bring out.
This starting from the first main aspect, which is that of managing receipts and payments, making up for both momentary phases of unbalanced accounts and situations of real difficulty. For this reason the banks are inclined to include the offer of loans within service packages, which start from the proposal of current accounts to simplify and keep under control the incoming and outgoing flows of payments.
Special cases: the protested owners
Most of the activities carried out by “traders” take the form of a simple company, a family business, or a sole proprietorship. So in fact you have to look for loans for these target customers.
However, if the owner has been registered in the protest register, then the situation becomes even more complicated, as the possible alternatives are still small. Alongside the loan forms that fall under the promissory notes, liquidity loans can be considered, with mortgage guarantees on a property, or that on a pledge (where a part of the goods can also be given under guarantee).
Given the particular nature of the relationship that links the success of the business to a natural person and the impossibility of distinguishing the individual assets, in the majority of cases we go back to personal loans.
It is also possible to try to advance the invoices : not only large banks like OneCash, Bankate and SCF offer the possibility, but also those of cooperative credit such as the Bcc and the rural banks have this kind of service. So before you start looking elsewhere, it’s a good idea, for those who have a commercial activity, to establish a loyal relationship with their bank, which should be chosen upstream for the completeness of the services offered and for the availability that (as a company policy) is agreed on these specific instruments.
Unfortunately, except in extreme situations (as in the case of funds destined to merchants and small entrepreneurs in the event of risk of wear or even once victims have fallen), there is not a wide choice for subsidized or non-repayable loans (easier to rely on those affiliated with their own category). There may be derogations, but they are very limited, and mostly the result of interventions or collaborations with territorially active banks, as happened in the Sicily Region thanks to the intervention of OneCash in agreement with the EIB.