How to apply for a private loan as an entrepreneur?

Do you want to borrow private funds as an independent entrepreneur? For example, when buying a new car, caravan or kitchen?

In order to borrow money as a contractor for private purposes, you must meet a number of conditions. For example, the credit must be intended for the exclusive use of the consumer. In addition, you must have been self-employed for at least 3 years and be able to present annual accounts for the past 3 years. Based on the annual accounts for the last 3 years, the bank determines how much you can borrow. In addition, it is important that you can prove that you are borrowing for private purposes.

You can also submit an extract from your company’s registration to the Chamber of Commerce. And does your company have positive equity and you, as a person, have a payment history.

Do you meet all these conditions? In this case, you can request a loan from the credit broker.


How much can I borrow?

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The amount you can borrow depends on your personal situation. The amount of the request is maximized to $ 65,000 by the banks. Wondering how much you can borrow? It is important never to borrow more than you really need so that you can borrow money responsibly.


Personal credit or revolving credit?

Personal credit or revolving credit?

If, as an entrepreneur, you wish to take out a credit for private purposes, you have the choice between a personal credit or a revolving credit.

A personal loan offers many advantages. You borrow a fixed amount which is paid directly into your account. The loan is repaid with a fixed term, interest being fixed in advance. You pay a fixed monthly amount to reimburse the total amount due. If you also use such a loan to renovate or improve your home, you can deduct the interest for income tax. You can borrow money without worry at the lowest interest rate and the best loan conditions in Belgium. You can make your loan request securely and completely online with us.


Choose a lower interest rate

Many entrepreneurs have a private loan from their own bank. Did you know that you can transfer this loan at a lower interest rate at no cost? With a lower interest rate, you can save directly on your monthly costs. In addition, your credit can also be converted into a personal loan, for example. This means that lower monthly costs and previous debts are free.

It’s very simple and you can do it online, at your convenience. In a few steps, you can take out a loan online. You can apply for a loan from a large number of online banks.