Express, the Fast Loan

 

 

Express is the fast personal loan from the Elastys financial company. Indeed, the request / assessment / delivery procedure takes less than 24 hours. This thanks to the online request and the sending of the required documentation by fax. It is therefore possible to carry out all the paperwork directly from your own home.

Features of Elastys Express

Features of Elastys Express

To underline that it is a fast loan, the request procedure is exemplified:
– phase one: user request on the Elastys website by filling out an online form
– phase two: after a few hours you receive a contract proposal by e-mail, containing, among other things, an indication of the amount paid, the number of installments, the tan and the taeg.
– phase three: if the customer accepts the signature and sends the contract plus the documents requested by fax
– phase four: again, in a few hours the transfer is issued or the check sent to the address indicated by the customer.
The maximum value for which Elastys Express is disbursed 00 of 10000 euros, or 20000 if it is already customers.
The repayment includes periods ranging from 2 to 10 years (from 24 to 120 installments), with the possibility, at any time, to settle all remaining debt (early repayment) in a single payment by paying a commission of 1% of the residual capital that is being repaid.
The operation tan varies from 8.99% up to 16%. The maximum taeg applied is 17.23%.
The loan is disbursed by bank transfer or by check and must be repaid by means of a red or postal payment slip. With both means, the installment fees are € 1.3.
In the event of default, a monthly rate of 1.5% is applied to the amounts due. 

Who can apply for the Elastys Express fast loan

Who can apply for the Elastys Express fast loan

The loan can be requested by adults whose age, at the time of payment of the last installment, is under the age of 80 (eg a 74-year-old person can apply for a loan repayable up to a maximum of 6 years).
There are no constraints on the form of employment contract that one has: in fact, all employees, the self-employed, pensioners and atypical workers (temporary workers with temporary or project contracts) can apply.
The documents required are:
– valid identity document and tax code
– document showing your income
– residence permit for non-EU citizens.

Young – The Young Loan From Compass

Consumer credit solutions dedicated to young people are on the rise and Compass proposes Young, the financing for age groups under the age of 32 and economic and working conditions typical of this part of the population. The product is oriented to containment of the installment and therefore of rather long duration.

Features of Compass Young

Features of Compass Young

The loan can only be requested by adults who have not yet reached 32 years of age. The formula adopted for the installment is of an increasing type, therefore light payments at the beginning and a gradual increase throughout the amortization plan, almost reflecting the desirable increase in income linked to the career advancement of the applicants. The maximum amount payable is € 20000, with a repayment articulated in a period ranging from 24 months to 84 (seven years). The minimum amount is instead of 1000 euros.
The fixed interest rates are, for promotion, of 16.46% (tan) and 17.76% (maximum APR).
Delivery times are very rapid, in some cases even within 24 hours of the request being presented.
The credit will be made by check or directly to a current account by bank transfer. The installments may be reimbursed by rid or by going to post offices or Lottomatica sales outlets with the Compass bulletins. The loan is optionally supported by an insurance policy which intervenes in the event of the impossibility of repaying one or more installments. 

Who can apply for Compass Young

Who can apply for Compass Young

The loan is destined, as seen, to people who have not yet completed the 32nd year of age and who are able to produce guarantees of an income type, so a pay slip if one is employed or the tax return for the self-employed . Italian residence is required, for foreigners this must have been acquired for at least one year and the residence permit must be in order.

Apply for Payday Loans from Several Companies Simultaneously here.

Most people have ever been in a situation where the economy is not enough. It can involve unforeseen expenses such as a costly dental visit, but also when planning to buy a car or house. When you apply for a payday loan, it is important to try to get as good an agreement as possible and find the player with the best conditions. By using a comparison site, you can easily get payday loan offers from a number of different loan intermediaries and can thus choose the one that suits you best. An offer is never binding until you have accepted and signed the loan promise.

  • The application is free of charge
  • Offers from several different actors
  • Different loan categories

Apply for payday loans for various purposes

Apply for payday loans for various purposes

Having the opportunity to borrow money is a great freedom for many and can be a way of getting a share of the good of life, even when your own finances are not enough. When applying for a payday loan, however, there is a lot to consider and it is not unusual for you to have many questions. In order to save time on your application, it may be good to first read through the requirements set for you as a borrower.

There are a number of different types of categories to choose from when applying for a payday loan, all with different advantages and disadvantages. If you are looking for a small amount of money as quickly as possible, quick payday loans can be your rescue, but you should understand that the repayment period is relatively short. The most common type of loan, however, is the blank loan. With this loan you can borrow exactly what you want and do not need to provide any security such as your house, boat or car.

Receive and repay a loan

Receive and repay a loan

Applying for payday loans is very simple and receiving the money just as well, but how is it then to repay the money in connection with quick loans ? It is a matter of course that the bank wants its money back and in connection with your loan offer you can also read the terms and rules that apply for repayment.

The repayment rules may differ considerably between, for example, a quick loan and a bank loan. If you want to apply for a payday loan through a bank, you usually need some type of security, but usually also get a better repayment plan. Choose a loan offer where you know that you can repay each month while continuing to live a reasonable life, pay bills, repair the car or take care of children and family. The repayment period can range from 3 months up to many years.

Easy and easy to apply for a payday loan

Easy and easy to apply for a payday loan

Are you planning to apply for a payday loan? Save your precious time to other things and use a comparison site that does the job for you. Through a simple and free application, you will get access to payday loan offers from leading players and the only thing you need to do is choose the loan that suits you best. Prepare yourself by reading the payday loan terms and having any documents ready to submit, eg. employer’s certificate. Sometimes the operator wants to supplement your application and the payment of the money goes much faster with everything in place. It is up to you to choose the offer that suits your purpose and finances best and no proposals are binding until you choose it!

 

Types of Commercial Loans

Commercial bridging loans are short-term loans designed to help a company do before a permanent funding source becomes available. 
Commercial bridge loans act as a channel by helping a company to bridge the gap between fulfilling current financial commitments and securing a permanent source of funding at a later date. They are generally intended for short periods of time, as their intention is to help the company meet its financial commitments before another viable source of commercial finance becomes available. These loans are also called swing loans or temporary loans. The lender generally insists on clarity as far as “exit strategy” is concerned. Exit strategy is the way in which a lender can hope to recover money lent. The absence of an exit strategy will disqualify borrowers from obtaining a loan. These loans also bear a higher interest rate than permanent loans. Generally speaking, the borrower would have to pay 3-4% more as interest on a transition loan compared to a permanent loan. Commercial loans normally carry no advance payment penalty.

 

Authorization for a loan

Authorization for a loan

The borrower must provide the lender with a clear exit strategy.
In case, the borrower needs money for a new venture, he must convince the lender of viability and profitability for the proposed business, by providing information about the expected revenue and the cost structure.
If the money is for an already established business, the borrower would have to present detailed financial reports indicating the profitability and situation of the business cash flows.
A loan-to-value ratio of 70 to 90% would also be required.
For bridge loans that are secured by the assets of a company, the repayment period is usually 5 years.
Unsecured commercial loans have a repayment period of 6 months.
A good debt service ratio (operating surplus to total debt service) is also desirable.

Types of commercial bridge loans

Types of commercial bridge loans

Commercial Real Estate / Mortgage Brew Loans

Commercial Real Estate / Mortgage Brew Loans

These loans are usually borrowed to buy a new property. Many times a businessman can be interested in a new property and wants to finish the deal at the earliest. The new purchase would be financed by selling the old property. But later the deal would take a few months to complete. Brew loans became popular because most lenders were reluctant to give a loan to finance a new purchase when the old property was for sale. The lenders cannot expect interest payments for a few months. They are provided for a period of 6 months to a year, but most lenders may allow the borrower to extend the loan for up to one year by paying an additional fee.

 

Commercial Construction Bridge Loans

Commercial Construction Bridge Loans

This is a type of construction loan intended to provide temporary financing for a new construction, or to make improvements to an already existing structure, in order to increase the available cash flow from the property.

Broken Condo Scenario: Some lenders may be willing to provide loans at shattered condoms. In general, a builder constructs an apartment complex with the intention of selling the apartments. Sometimes due to lack of buyers, builders are forced to rent most of the apartments. Such a villa complex known as a “fractured apartment”. Since the builder’s ultimate intention is to sell apartments, he can turn to a lender to obtain temporary financing in the form of bridge loans. Of course, the lender takes a very high degree of interest because of the extent of the risk.

 

US Recovery Capital Loan (ARC Loan)

US Recovery Capital Loan (ARC Loan)

Since June 16, 2009, the US Small Business Administration (SBA) has begun receiving applications from small business loan companies. These loans are intended for well-established companies, which were profitable before the recession. The recession may have resulted in reducing its customer base, working capital and employees. Loss of ability to restructure existing debt, increase costs, and reduce vendors will also qualify companies for loans, as the aforementioned issues would adversely affect the ability of a company to stream during difficult times.

These loans are generally paid out by choosing a permanent source of funding. In commercial real estate, the sale of the old property can help repay the loan. These loans are only available to companies that have a good business history, or new businesses that deal with very profitable projects. Mismanagement will definitely disqualify companies from obtaining commercial loans. This is especially true for companies that want commercial bridge loans. Such companies may be forced to choose “hard money financing”, which carries a very high interest rate. The creditworthiness of a borrower is unimportant in such loans. These “last resort” loans, which are secured by the value of the property, have a loan to value the ratio between 50%.

 

Credit cards and / or consumer loans? Borrow money here.

When you need some extra money and you have no savings account or someone you can borrow from private, there are really only two options: to use credit or to borrow money from a bank. It’s really the same thing, because credit simply means that you buy the product and pay later, usually with a installment plan. If you borrow money that is not to be used for something specified such as a home or a car, it is called a consumer loan. There are some occasions when it is better to trade through their credit card, but from time to time it is actually more beneficial with a consumer loan. In the rest of the text, we work out how it works.

  • Through a credit card you can sometimes collect benefits
  • On a consumer loan, interest is always added
  • Many credit cards come with low amounts

The advantage of credit card

 The advantage of credit card

Managing your credit card correctly can be an excellent financial aid. When using their credit and paying it back in time, that is, before the due date on the invoice, you pay no interest on their purchase. This differs from a regular loan where you in principle always pay a certain interest on the loan amount. If you do not pay the credit card in time, however, it can be very expensive.

Credit cards can be smart if you always work according to the principle that you pay back the entire sum you borrow at, for example, the next payroll. The worst thing you can do is always pay the minimum amount on the invoice, because then you will only pay the interest in principle. Through the credit card you can often collect various benefits such as bonus points on food or travel. This is one of the reasons many people like this credit system. The disadvantage compared to other unsecured loans is precisely that the credit card’s upper limit can be quite low initially.

The advantage of consumer loans

 The advantage of consumer loans

If you have not built up a good credit rating, you can often only get a credit card with a very low credit. If you then need to borrow a little more money, say to a car or some other expensive item, it may not be possible to pay through the credit card. Then you can, for example, take a larger quick loan or small loan without UC .

Compared to regular bank loans, a quick loan can be a better choice if you do not want your loan application to affect your creditworthiness. This is because many loan companies do not charge a credit report through the Information Center. Just as with a credit card, it is only when the repayments become delayed that it becomes very expensive, but if you pay back in time you can get completely okay interest terms. A consumer loan is thus better if you have a large amount that you want to spend.

Credit cards or consumer loans? Your personal conditions determine.

Credit cards or consumer loans? Your personal conditions determine.

Generally speaking, it is not meant to use larger sums using their credit card, but there are of course some cards that allow you to spend more. Then you can often pay the invoices and in this way it is more like a regular loan. As you can see, it can be both beneficial with a consumer loan and a credit card, it is simply an economic need that determines which one is best suited. Through our site you can compare different loans with each other to find one that suits you perfectly. Just fill in your details, how much and how long you want to borrow and then get a list of different loans that fit. Apply directly and receive a non-binding offer.