Compare business loans for entrepreneurs from Cannock with Voor de groei

General
Cannock
Factoring of debtors
Full-service factoring, traditional way
€ 50,000 - € 5,000,000
Voor de groei
Direct Lender / Crowdfunder
Loans
€ 150,000 - € 5,000,000
Costs
Cannock
Fixed factor rate between 0.3% and 2% based on turnover
Interest of 4.5% plus 3-months Euribor on annual amount factored
One-off start-up costs 1% of the limit
Voor de groei
Average interest rate between 4% and 9%
No assessment costs
1.5% success fee at success and 0.1% p/m
Time
Cannock
Done and no prognosis needed
Within 1 working day you will be contacted
After signing quotation you have to submit several documents
Voor de groei
It takes 1 hour on average to finish on LoanStreet and a prognosis is needed
After acceptance you have to put time in your crowdfund campaign
Advantages LoanStreet
Cannock
Quick financing clarity when a complete application is sent
Voor de groei
1.25% success fee instead of 1.5%
Depending on the risk an interest discount up to 0.5%
No costs upfront, normally € 400
Website
Cannock
http://www.cannock.nl/oplossingen/wij-helpen-je-processen-te-verbeteren-door/factoring/
Voor de groei
http://www.voordegroei.nl/ondernemers/hoe-werkt-het/
Money on account
Cannock
Within 3 weeks
Voor de groei
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.