The need to look for loans is not a feature of new business or in financial crisis. Corporate loans are more common than you might think: they can be used to expand the business, to buy new equipment, or even not to undermine all of your assets. But if you have questions about existing possibilities, we will list 9 loan, financing and advance receivables options offered by Good Finance bank to clients. Check out:
Installments: loans to be paid in one or more installments
- Working capital: This is a loan where the money is received all at once, but the payment is made in installments – one or more times. It has pre- or post-fixed rates, and is subject to Tax on Financial Operations (IOF). In this case, hiring is fast and simple, while maintaining competitive rates.
- Buyer: In this mode, Online Payday Loan receives the money so that it can pay its suppliers in cash. And then you will pay the purchase price in one or more installments with Good Finance. In addition to having also fixed or fixed rates and IOF levy, Online Payday Loan will pay a lower amount for their purchases, since the payment becomes cash, as well as have longer financing terms.
- Vendor: This is the case where Online Payday Loan sold on time, but will receive the value as if it had been in sight. In addition to having a fixed rate, taxes that would be levied on the value of the forward sales invoice will be calculated from the spot price.
Revolving: availability, at any time, credit in the current account
- Business Check: This is a value that facilitates daily cash flow. It is available in the checking account 24 hours a day, so it can be used at any time. Hiring is very simple: it is made during the opening of the checking account, and has the limit automatically renewed.
- Guaranteed Account: This revolving credit limit is available in the checking account, if requested by the Online Payday Loan, from the need for funds. Thus, there may be daily coverage of the outstanding balance on account. Charges will be charged only on the outstanding balance and for the days on which the limit was used.
- Receivables: transfer of the right to receive debts to the bank in exchange for credit.
- Guaranteed Invoice: This is an anticipation of resources for Online Payday Loan suppliers. This increases the bargaining power with suppliers, as they will receive cash, as well as extending the payment term. One of the advantages is that the provider will receive the amount in his checking account upon completion of the advance regardless of the financial institution.
- Credit assignment: This is when Online Payday Loan receives the anticipated value of its forward sales, selling what it would receive to Good Finance. Its benefits are the agility and security of anticipation of receivables. The negotiation and exchange of files can be done entirely by electronic means.