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Compare business loans for entrepreneurs from Collin Crowdfund with ING

General
Collin Crowdfund
Crowdfunder
Linear loans from 6 months to 10 years
Loans from {{funder.minAmount | currency:undefined:0}} to {{funder.maxAmount | currency:undefined:0}}
ING
Bank; Guarantee Credit SME (BMKB-C or GO-C) available
All products that you expect from a bank
Loans and overdraft from {{funder.minAmount | currency:undefined:0}} to {{funder.maxAmount | currency:undefined:0}}
Costs
Collin Crowdfund
Interest between 4.9% and 9.5% per year
Credit assessment costs in advance
Interest saved on average through LoanStreet: 0.5%
ING
Interest between {{funder.interest.overallMin | number:1}}% and {{funder.interest.overallMax | number:1}}% per year
Interest saved on average through LoanStreet: 0.3%
Fee Loanstreet at succes: {{funder.successFeeText ? funder.successFeeText : funder.successFee | currency:undefined:0}}
Time
Collin Crowdfund
It takes 1 hour on average to finish on LoanStreet and a prognosis is needed
Within 1 working day you will be contacted
After acceptance you have to put time in your crowdfund campaign
ING
Done and no prognosis needed
Within 2 working days you will be contacted
24 hours after your application is complete you receive financing clarity
Advantages LoanStreet
Collin Crowdfund
Depending on risk an interest discount
1.25% instead of 1.5% successfee
Support during the application process
ING
50% discount on the closing costs of the bank loan (0.25% instead of 0.5%).
Website
Collin Crowdfund
http://www.collincrowdfund.nl/introductie-lenen/
ING
http://www.ing.nl/zakelijk/financieren/lenen-voor-een-investering/zakelijke-lening/index.html
Money on account
Collin Crowdfund
4 to 6 weeks
ING
Within 2 weeks

Business loans via LoanStreet

Via LoanStreet you can easily compare different financiers. This gives you insight into the costs, what is required and what forms of financing a financier offers. Moreover, you can also immediately start an application via LoanStreet and send it to several financiers at the same time. In your application you will receive a clear overview of your chances per financier.