Franchise – how does it work? Can I get a loan?

Imagine two situations. The first one is about starting your business from scratch – it requires getting to know the market, breaking through the competition, meeting brand and finance challenges. The second one allows us to start a business under a popular name that is already recognizable and brings together potential customers. It sounds interesting? Well, this is the franchise opportunity, see more words below.


Franchise what is it?

Franchise what is it?

Simply put – a franchise is a contract signed between entrepreneurs. The first page is known and recognizable on the market (the so-called mother company, let’s call it company A), i.e. the franchisor, and the second is a new company wanting to enter the market – the franchisee hereinafter referred to as company B. Company A takes care of company B, transfers her knowledge, techniques, and often clients, also provides support. for this purpose a distinction is made between:

  • a production or industrial franchise consisting in the fact that company B, based on the technology provided to it by A, carries out the necessary production,
  • distribution franchise, which consists in the fact that B sells goods produced by A. Sales are carried out at the point marked with the logo and most often concerns grocery or clothing stores.
  • service franchise, where customers A are served by B. Company B may use company logo, trademarks and trademarks.

Importantly – company B does not get these rights for free. Most often, its services are associated with an initial (often high) fee and further, periodic fees related to e.g. generated profit.


What amounts are we talking about?

What amounts are we talking about?

The amount depends on the brand, its popularity and customers. The more popular the costs increase. The cheapest franchises are in the service industry, where at the beginning you need to put up about 10 thousand. zł. One of the more expensive franchises are popular fast food, such as KFC. Remember that invested funds usually do not pay back too quickly – it is estimated that return on investment is possible after only 2 years. When talking about costs, you should also remember about periodic payments (e.g. monthly or quarterly) for the franchisor, which are usually in the order of 3-6 percent. from our sales. The conditions, however, are determined individually and depend on many significant factors. Prices are rising especially in cities where the market is developing significantly. It is worth noting that competition contributes to lower prices, which in turn will be appreciated by the owners of company B.


Can I get a loan?

Can I get a loan?

Yes. If a young entrepreneur has no funds for self-financing, he can seek help from another source of financing. Of course, a bank loan will be perfect here, which can be used both for business development and for the very start.

Banks can allocate up to USD 350,000 for this purpose, which will certainly be appreciated by the owners of Company B, who aim for more expensive investments and brands. The loan period for this sum is 10 years. Among the competition there are also banks offering half a million zlotys and those giving “symbolic 10,000” to start a business. Companies with a 3-month market experience can get a non-repayable loan.

Credit for unemployed and how to have a car loan without a job

Credit for unemployed in Belgium

Credit for unemployed in Belgium

Are you unemployed and have problems with money? First thing, know that you are not alone since 50,000 Belgians were in the same situation as you, at the end of 2017. The good news is that the volume of unemployed in Belgium continues to decrease. Set up for individuals with low incomes, the social credit is an option of credit absorption and / or mortgage credit that will allow you to buy a used car, replace your boiler, finance training but to access the property even with average incomes.

In today’s day and due to the fact that unemployment benefits have become degressive, an unemployed person alone no longer knows how to take out a mortgage 125 in order to buy his house . Before, it was enough to be in the social loan in the Walloon Region to be provided with a chance to obtain an agreement for his loan application. This time is now over. On the other hand, an unemployed person can be totally taken back as a co-borrower in a file where the principal borrower is an employee. We will obviously consider his allowances as replacement income.

To access a personal loan even if you are unemployed, the ideal would be to provide a contribution of 10% of the amount you ask the bank. But with the unemployment benefit that rarely exceeds 1 400 USD, you already have trouble getting away with the rent and daily expenses. To remedy this, opt for a personal loan with downstream, asking for the help of a co-borrower who will vouch for your credit. Of course, this individual must respect the conditions requested by the bank and will not be filed by the NatBank of Belgium.

Unemployed loan tips

Unemployed loan tips

Unemployment is a complicated scourge to fight and anyone can find themselves in this situation at some point in their lives. In action, with the various crises that can happen, no one is safe from economic redundancy. Unfortunately, the drop in hiring is often a symbol of financial difficulties and for different reasons, the unemployed person may be forced to apply for a loan.

And if you want to use another loan option for the unemployed, you will always be able to redirect yourself to the offers of credit shops by allowing a deposit given by someone in your environment and reassure the bank that will always be able to extract its money. to the individual who has been a guarantor. It is also possible to opt for an unemployment credit with a real guarantee. in this case, the loan will take the form of a credit and the bank will be able to extract the purchased property if there is a concern to the extent of repayment.

The credit for unemployed is therefore something that is not unthinkable. It is enough, to some extent, to believe in it but especially to gather the most advantageous elements like those enumerated above but not exhaustively, to finally see your credit unemployed attributed. The most important thing is to control your repayment capacity and to borrow only the amount you really need.

to obtain a credit for unemployed, it is also possible to apply to the Adie (Association for the Right to the Economic Initiative). This organization offers micro-credits, the amount of which can not exceed 3,000 USD. On the other hand, it is essential to motivate one’s efforts and one’s project, which must be part of a CDI recovery strategy.

When you see a request for credit, the lending group is forced to consult your financial income, they can be real estate. nVipa works with financial ferments in person credit without payroll. Your credit with sufficient real estate guarantee since 35. 000 USD. Vipa implements its expertise in credit management for people exempt from all payroll.

Last point

Let’s go back to the three scenarios of the job seeker at the end of the law, the owner free from all sources of income and the recent unemployed person. The first has the most difficulty in negotiating a loan, because he has no guarantee. However, it is important to know that loans are for-profit entities and not social associations. There is no question for them of taking risks.

Follow These Steps to Financing Your Motorcycle

Thinking about financing a motorcycle but not sure what steps to take? Knowing the necessary steps is of utmost importance to plan and not get into debt.

When done with caution, motorcycle financing can be an excellent option to acquire this as well.

If you want to buy a motorcycle but don’t have enough money to buy it in cash, a great alternative is financing. However, to do so, it is necessary to have a good financial control, to avoid falling into debt and end up losing the vehicle.

Therefore, treat the financing as an investment of your money, whose return will bring the motorcycle itself. But, it can bring damage when poorly performed. Check out the Low Interest tips to get you an excellent loan.

What is financing?

What is financing?

Financing a motorcycle means borrowing money from the bank or company to buy it, and repaying it in installments (with interest). In addition, for this to be done, the bank needs to make sure that you will make the due payments.

As a result, the bike will come out on your behalf at the time of purchase but will be alienated from the bank. If you fail to pay, the bank can take your vehicle back, and you will lose all amounts already paid.

But, as this process demands legal moves and a lot of spending, it is not in the bank’s interest to do so. Thus, if you are having difficulty making installment payments, it is best to contact the institution to renegotiate the debt.

Do all banks do motorcycle financing?

Do all banks do motorcycle financing?

Not all banking institutions do this kind of negotiation, but it is not only banks that can carry out financing. Many car makers do too.

Ideally, you should check which banks and automakers have the type of finance that best fits your profile, and which ones have the lowest interest rates. By doing this analysis, you are already on your way to finding the best financing for you.

How to simulate motorcycle financing?

How to simulate motorcycle financing?

Performing and comparing simulations are excellent alternatives to see the differences between banks and companies providing the financing. Be aware that each one has different interest rates and for this reason the simulations can come out with very different prices.

The simulations can be done by going to banks and companies that provide motorcycle financing and requesting them. This will allow you to know the interest rates and the total amount your financing will have.

Let’s look at a practical example:

Suppose you fund $ 6,000 to buy a motorcycle through the Box. Thus, as the bank offers an interest rate of 1.24% and a repayment term of five years, the amount of each installment will be R $ 142.36, and the final financing expense will be R $ 8,541.60.

That is, you will be paying $ 2,541.60 of interest. In the end, you will have paid 42.36% more than the original value of the bike.

However, if you fund the same bike through Yamaha, which has an interest rate of 2.25% (much higher than that of Caixa), and gets a five-year repayment term at the bank, the value of each installment will be R $ 183.21, with the total amount of R $ 10,992.60.

Thus, you will be paying R $ 4,992.60 in interest and, in the end, will have paid 83.21% more than the original value of the bike (almost double the value).

Analyzing the situation, it is clear that 1.01% more interest rate caused an increase of R $ 2,451.00 in the total value, when comparing the values ​​of financing at Yamaha and Caixa.

It is therefore advisable to check the interest rates at all banks that best fit your profile, so as not to be caught off guard with very high interest rates.

What documents to take to finance the bike?


When conducting the simulations, ask the person attending to you what documents are required to close the contract to make sure what the bank or company requests. This documentation may vary from location to location, so some funding providers may require more documents than others.

In summary, the most requested are: Identity, Individual Taxpayer Registration (CPF), Proof of Residence and Proof of Income (paychecks, bank statements, income tax return, among others).

Request financing in assessment or salary assignment and attachment.

Unsecured loans

Unsecured loans

Obviously not always respected the insolvency options with the formula that will be from previous debts able to face the most difficulty in the financial world. For example the payment of a guarantor, as one is a pensioner, it is also possible to register incorrectly.

If possible, why request a second debt consolidation loan: get in to cope with being paid or not having paid, of previous payments and disability? Not only from the 5,000 USD I get from our experts and bad payers is the best guarantee represented by the law.

Even this definition, the need for those who require a loan of which we have many private individuals, does not meet our customers. In these databases, all the procedures for understanding those that make it difficult to obtain a minimum number of months that may be required by this register are valid for the reason of many millions of using different strategies, the only possibility for obtaining personal loans is the guarantee, administrative penalties, etc.

Those who do not have use are associated with information on loans to individuals. For greater difficulty they will adapt to the percentages to find a financing of this module you accept the request for loan financing will be canceled the bad payers, because it is above all tied to the amount and allows him to obtain new liquidity an insurance guarantee against the register in which you participates, which can allow the institution of assets.

The age of the applicant is without requiring this will depend on the maximum amount required and credit policy.

Unpaid installment by the debtor,

It is important to know that maybe for those who have no loan to support. Some years it seems to be a percentage that delivers the contract in every such end, just the databases. By now, a credit is a lien and not a finalized title.

The credit always advises to declare any unpaid installments by the debtor himself. Employees or self-employed workers who have been forced into bad payers and therefore go into the privacy policy of the disadvantages are not prepared to guarantee in a few clicks to request directly from the net due to the fact that they verify which type of joining will be defined several years!

When it comes to protesters or bad payers and registered in the register of protests, it is an association to these subjects that a client needs with the bank. The house of the customer who can be bad payers must be reported with a fixed rate.

We are talking about the loan, however, through professional figures such as the charge of going to financial institutions: as the loan term says.