Have you started your own business or do you have plans to do so? Then think carefully about how you want to finance those plans. You can turn to friends or family, but in many cases they do not have the money for that at their disposal. In that case you can use a starting independent loan. It is of course important that you provide a form of certainty and substantiation to convince the financial companies that they are making a good investment.
Guarantees and certainties
Provide as many guarantees and collateral as possible, as this ensures that a lender has less risk. Whether you want to borrow private or business money, it is always wise to work towards a situation where it seems certain that you will actually pay back the money. Bear in mind that the lender is a risky company. You pay an interest to partially cover this risk, which means that a starting independent loan will be cheaper if your plans are in perfect order.
Financial and business plan
In any case, make sure that you make a good business plan, in which you indicate exactly what you want to do and in which you are better than other companies that are already active. Combine this with a financial plan to indicate what you will use the money from the starting independent loan for, what the income will be and how you see the future ahead. The combination of these two plans gives the lender a good idea of the plans that you have with regard to the money you want to borrow for them.
Taxes and costs
Finally, keep in mind that not all income is actually for you. Make sure that you take into account both the VAT, the Rsz and the personal income tax that you have to pay, since that is the only way you can draw up a realistic financial plan. The tax authorities are entitled to part of the money that you earn, which means that this will not remain available within the company and it will not contribute to your options to repay the starting independent credit. On the other hand, you only have to pay these costs as soon as you collect income, so you do not need the credit immediately.