Lenders

What is behind the small business loan and what awaits it

Anyone who wants to quickly fulfill a long-held request or bridge a financial shortfall with a loan can apply for the loan called “credit private” online. With just a few minutes’ worth of credit and a promised immediate payout, is one of the fastest online loans.

With a payout of up to 50,000 euros, one can fulfill one or the other medium-sized wish with the loan “credit private”. On car, travel or renovation, small business that’s up to you.

We provide neutral and independent information about credit and its terms, what you need to know and how it compares to other credit providers.

The  small business loan and its benefits 

With the installment loan, customers of can quickly fulfill a wish. This installment loan can be applied for up to a sum of 50,000 euros. Even those who are not yet clients can apply for Credit. If all prerequisites for the installment loan have been met, the applicant will receive the free Smart checking account, to which the loan amount will be paid. The loan can already be requested with a minimum sum of 500 euros.

The installment loan from offers a number of benefits:

  • Applying is possible 24 hours a day, 7 days a week
  • Credit can be completed in just 8 minutes
  • Remaining debt insurance is already included
  • no long waiting times thanks to immediate payment.

The loan is ideal for short-term bridging of a financial shortage, as it can be paid out within a short time. To get the credit, customers do not have to go through a complicated PostIdent identity verification process. The credit is 100 percent digital. The identity check is also online.

Conditions for the business loan

The business loan can be applied for with loan amounts of 500 to 50,000 euros. The interest will be charged depending on the creditworthiness and the duration. They are the better, the better the creditworthiness of the applicant. The fixed borrowing rate per year ranges from 1.99 percent to 11.50 percent. For the borrower, the annual percentage rate of interest is 2.01 to 12.13 percent. The term for the loan can be chosen from 12 months to 120 months.

With the loan calculator, which is available on our site, customers can depend calculate the desired loan amount and the term of the monthly payments and compare. The final interest and further conditions are only displayed after completion of the credit check and a Schufa inquiry. Depending on the credit rating and the interest, the actual monthly installments may change.

The loan can be applied for online within a few minutes. When applying for the purpose of use must be specified. As uses, a car, the purchase of furniture, compensation in the event of a financial bottleneck, renovation, technology, a holiday and other things can be selected.

Find out about different loan amounts, such as 5000 Euro credit, 10000 Euro credit, 20000 Euro credit, 30000 Euro credit, 40000 Euro credit, 50.000 Euro credit, or the 100000 Euro credit.

Representative example of the conditions

The conditions for the installment loan are to be explained in a representative example according to § 6a (4) PAngV:
If the loan is applied for with a net loan amount of € 10,000 and a maturity of 120 months, the APR is 6.88% and the borrowing rate is 6.67% per annum. The total cost of the loan is € 3,732.72. The borrower must therefore repay a total of 13,732.72 euros to the bank. The monthly installments are 114.44 euros.

Depending on the applicant’s credit rating, the annual percentage rate, the borrowing rate, the total amount and the monthly installments may change after the credit check has been completed.

Special features of the installment loan

One of the special features of the installment loan is the residual debt insurance already included in the loan. The borrower does not have to additionally take out a residual debt insurance or prove a term life insurance as collateral. If the customer can no longer pay the loan installments due to unemployment, sickness or death, the residual debt insurance will take effect. The costs of the residual debt insurance are included in the effective annual interest.

Another special feature of this loan is the availability around the clock. The application will be posted online and processed immediately. If all prerequisites are met, the immediate payment can be made. Such an immediate payment is otherwise only possible with the so-called express loans, which are characterized by higher interest rates. The charges no additional costs for the immediate payment.

Conclusion: credit is flexible and cheap

The installment loan is 100 percent digital. Both the application, the credit check and the identity check are online. The interest depends on the creditworthiness of the applicant. The loan can be requested with a sum of 500 to 50,000 euros and with terms of 12 to 120 months. New customers applying for this loan will receive ‘s Smart checking account, which has received several awards. The installment loan from already contains a residual debt insurance. Thanks to the immediate payment, he will be paid at short notice if all conditions are met. In tests, the installment loan of has received excellent reviews.

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