Very often you find many uninteresting situations that sometimes require you to raise additional capital to deal with them. It is not always easy to get it in a bank, because you must have a so-called creditworthiness. It is not always easy, the more so that banks can have their grimaces, which very often seem impassable. However, the financial market is not only the banks themselves. At the moment there are definitely many alternatives to these financial institutions.
How was it once
The credit and loan market used to speak differently. It was mainly located in … a park. Bankers, or wealthy people, usually sat on benches. This is where the name of the bank came from. Stakeholders came and arranged the terms with the banker. However, at present, banks are much more complex institutions with very broad structures. Undoubtedly, technological development alone has certainly contributed to this, which certainly had a significant impact on the financial market.
What is a loan?
A loan is a loan that can be granted only by the bank. To receive it, you must meet the appropriate conditions and criteria, i.e. have creditworthiness. Without it, you can forget about the loan.
A loan is a form of raising capital that involves a much looser form than credit. However, what can be an obstacle to getting a loan? Of course, the fact of entering your person on the register of debtors and uninteresting history in BIK. All of this could mean your chances of raising capital.
What is a loan without benefit in kind?
“Loan without BIK” is very often a phrase that you can see on many websites of lenders. What does this give you? Well, it is an ideal opportunity for those who do not have an interesting credit history because BIK is an abbreviation of the Credit Information Bureau. These people in such offers can count on a new chance for themselves when acquiring new capital despite the fact that they are crossed out in the eyes of banks and individual lenders.
It often seems to the majority that raising capital is not difficult. However, only when you start applying for the money you need do you see that it is not so easy and your idea that you only need to visit a given institution, sign a contract and leave with cash is very wrong. Current realities look completely different.