Self-employed persons can apply for a loan for self-employed persons with business evaluation. If a business evaluation is professional and at the same time prepared for the potential lender, the self-employed can easily pass the Basel 2 hurdle and look forward to a capital inflow.
Use software for quality assurance
Should the loan for self-employed persons with business evaluation play a role for planned investments in the near future, the professional groups will have to deal with a variety of different requirements. For a successful application for a loan, many financial experts therefore recommend the use of specially developed business software that enables the creation of a business evaluation. As a rule, credit institutions look very closely at a business evaluation.
Of particular interest at this point are, among other things, accruals and changes in inventories in the course of the past financial year. In addition, provisions, costs for other loans, depreciation and any residual book values are subject to special observation by the bank’s analysts.
Anyone who has had payment defaults must expect additional unpleasant questions. With just a few clicks of the mouse, a suitable software solution can help to make the financial advisors well-disposed about a loan and thus significantly increase their chances of getting a loan for the self-employed with business evaluation.
Use current figures and recognized software
Before the self-employed go to the retailer they trust and have a software for business analysis sold, it should be ensured that it is actually recognized. In addition, banks are not interested in the numbers that a company has had in recent years when it comes to a loan for self-employed persons with a business evaluation. The respective credit institutions are usually interested in “brand new” company figures.
Anyone who adheres to these requirements will have a good start with a bank and will very likely significantly increase their chances of receiving the desired loan. If the evaluation has a high level of transparency in favor of the self-employed person, the bank may reduce interest due to a good credit rating or not include any processing fees.
business evaluation instead of income tax return
Far from all donors rely on a business evaluation as the basis for the subsequent evaluation phase. For comparatively small loan amounts, many banks therefore only require an income tax return. Because the evaluation of a business evaluation can be very time-consuming for the clerks of a financial house and at the same time an extended background knowledge of business connections must be available, the submission of a business evaluation is hardly worth it. By examining an income tax return, credit institutions also fully meet their obligations towards the legislature.