Creating your own business is not an easy task, it twitter database commitment, inner strength, resilience, a well-structured business plan, good flexibility to navigate bureaucracy and, of course, a solid financial base.
Entrepreneurs often have all the personal and professional characteristics to start a business, but not the necessary capital. Therefore, finding a good source of financing is essential to getting a good idea off the ground!
These are some supports you can use to finance your business:
1. Bank Credit
A loan from a bank is probably one of the most conventional types of financing for companies. To get the best credit offer, you need to analyze the interest rates and respective fees. Visit the different banks and choose the one that best suits your situation. It is also possible to use the private Mutual Guarantee system, developed specifically for situations in which companies do not have sufficient guarantees to access bank credit.
2. Microcredit
Microcredit is the ideal solution for obtaining financing even without income or guarantees. It is specially designed for the unemployed, young entrepreneurs looking for their first job and workers in precarious employment. The maximum financing amount is 15 thousand euros. You can obtain more information from the National Association for the Right to Credit (ANDC).
3. IEFP Support
The Employment and Vocational Training Institute offers various support options for opening a business, designed for the unemployed, young people looking for their first job or self-employed workers registered with the employment centre:
Payment of unemployment benefit in one go;
Access to the Microinvest credit line (financing up to 20 thousand euros);
Access to the INVEST+ credit line (financing up to 100 thousand euros);
Technical support in the preparation of the business project.
