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; SMEM locking credit (BMKB-C or GO-C) available
All products that you are used to 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
Possible funding goals
Collin Crowdfund
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.