Merchant cash advance, advice and documentation

In this post, we will see all the documents that can usually be requested at the time of requesting a merchant cash advance, and how to increase the chances of getting it- green touch – a cool site.

Credits for entrepreneurs: increase the possibility of obtaining it

There are certain measures or circumstances that increase the chances of getting a quick online credit for entrepreneurs. These are some of them:

  • Guarantee or guarantee in the credit to entrepreneurs: Having a guarantee or personal guarantee will increase the chances of obtaining a credit for entrepreneurs more suitable to increase the ability to recover from a default.
  • Be clear and concise: In the business plan you should explain as clearly as possible what the entrepreneurship project consists of and the purpose of the credit for entrepreneurs, providing proforma invoices, budget or justifications for said investment.
  • Do not hide information: It is preferable to be clear and sincere from the beginning, clearly explaining any circumstance that may affect the granting of credit for entrepreneurs.
  • Contribute part of the necessary amount. It is valuable, as far as possible, for the entrepreneur to place his own money for his new activity and not only settle with other people’s funds.

Credits for entrepreneurs: documentation

Generally, both banking entities and financing platforms may request the following documentation to study the credit to entrepreneurs.

Feasibility report and business plan to grant a loan for entrepreneurs

Carry out a market study, capturing the viability of the project. You can study there the market, the competition, the evolution of other companies, a SWOT analysis with difficulties, threats, strengths and opportunities, study the marketing 4Ps with a study of the sale price of your product or service, study of the distribution channels, a communication plan and a detailed analysis of the product or service itself.

DNI, Curriculum Vitae specifying work experience to grant a credit for entrepreneurs

If there is previous experience in the same sector of entrepreneurship, we would have to comment more in detail, it will be valuable given that you are no longer new to the sector or to entrepreneurship, you know how it works.

The contribution of personal references for a credit for entrepreneurs

Good references are always valuable both for looking for work and for creating your own through a venture. Search and request references to those people who can add great value to your request.

Justify the need for financing to get credit for entrepreneurs

Proforma invoices or budgets that justify the amount requested in the credit to entrepreneurs.

Authorization to request the CIRBE report for a loan for entrepreneurs

With this authorization, the entity may consult the debt capacity. Other financing platforms may request you directly in the CIRBE report that you can request from your Bank or the Bank of Spain.

Credits for entrepreneurs by Crowdlending

The crowdlending is no longer just financing for companies with more than 2 years old, you can apply for the credit as an entrepreneur and also with advantages over a traditional loan.

Loans at 3.90% APR

Thanks to the agreements we have with Reciprocal Guarantee Societies distributed throughout the national territory, entrepreneurs who request the loan, will be able to obtain a loan at 3.90% APR. You can request it without obligation.

A credit to entrepreneurs without consuming CIRBE

This is one of the advantages most demanded by the given companies, that with a loan does not increase the CIRBE of the company, that is, its future indebtedness is not affected by the present loan.

Credit for fast and agile entrepreneurs

The credit is fast, agile and all online. You will have a team of professionals who will help you with everything you need. You just have to complete a simple online assistant, and when you finish it you will see the next step to request your SGR endorsement.

Free total and partial depreciation with the credit for entrepreneurs

You can amortize your credit for entrepreneurs when you want without any cost, so you will reduce the interest payment.

Without additional products, only financing

With the credit for entrepreneurs, you will only get the financing you need, nothing more, neither cards nor insurance … just financing.

Bantierra will allocate 80 million euros to the financing of SMEs and entrepreneurs with Elkargi as a guarantor

Bantierra will allocate 80 million euros to the financing of SMEs and entrepreneurs with the collaboration of Elkargi, Reciprocal Guarantee Society (SGR), as a guarantor, thanks to the agreement signed between both entities.

This agreement will involve the start-up of a line of credit that Bantierra will grant to finance initiatives that are viable from the economic point of view, Bantierra explained in a press release.

In this way, small and medium enterprises and the self-employed will now have more accessible financing to develop their projects.

Created by and for companies, Elkargi is the first Guarantee Company (SGR) in Spain for the volume of guarantees granted. Through its endorsement, it improves the credit conditions that banks grant to SMEs, self-employed workers, and entrepreneurs, facilitating their access to real and long-term financing. It has more than 15,200 partners among small and medium-sized companies, and self-employed.

Bantierra, the first cooperative credit Aragonese entity, and Elkargi have as the main objective to favor the start-up of new business projects and the consolidation of others already existing in all the areas where the financial entity carries out its activity.

The Director of Business Development of Bantierra, Manuel Navarro, and the Commercial and Development Director of new products of Elkargi, Jorge Belaustegui, signed on Tuesday the collaboration agreement in an act that took place at the headquarters of Bantierra in the Aragonese capital.

Both officials have expressed their satisfaction with this agreement that will allow to boost and strengthen small and medium-sized companies, as well as self-employed workers and entrepreneurs, “who constitute the basic framework of our economy, and are undoubtedly outstanding creative agents of wealth and jobs “. “No viable project should stay in the lurch for lack of funding,” the two representatives added.

This line of financing offers preferential conditions for the financing of productive investments

This line of financing offers preferential conditions for the financing of productive investments


such as the purchase and renewal of machinery and facilities; to respond to short-term treasury needs; as well as so that the company can match its cash flows to the generation of future income.

The maximum amount per transaction for the investment of Fixed Assets may not exceed 900,000 euros and the amount of the Elkargi bond may be one hundred percent of the risk in the case of loan operations – three years and up. – or 50 percent for short-term financing operations, that is, up to three years and in the form of credit, commercial discount, confirming, international financing and documentary import credits.

The operations that are formalized, both loans and leasing of a general nature, as well as those included in the line for entrepreneurs and R + D + I, will have an interest rate that starts from the Euribor + one percent and varies depending on the term of the approved operations- Blogcampcee.

Financial Stability 2.0




Antonio Moreno, professor of Economics and Finance at the University of Navarra and Doctor from Columbia University

The financial meltdown of the global recession of 2008 gave way to 10 intense years of banking regulation and supervision. After this enormous effort on the part of regulatory authorities, supervisors and, above all, financial institutions, we can ask ourselves if our financial system is more resistant to future economic and financial shocks.

Undoubtedly, financial institutions are now more capitalized and have more liquidity than before 2008, which makes them less vulnerable to shocks similar to the one that occurred in September 2008 with the bankruptcy of Lehman Brothers.

Therefore, it can be said that the financial system is currently better able to better serve society as a whole, performing its basic functions (deposits, loans, and other financial services) in a more sustainable manner.

However, it is also necessary to ask whether our financial system will be equally resilient in the face of future adverse contingencies of a different nature from those of the last crisis. Because financial crises are not usually all the same, although they may have some common features, such as credit excesses or global financial imbalances.

 They are inspired by past or recent problems




And this is where the answer to the initial question is not so clear, because future crises do not really know where they will come from. In fact, the limitations of financial regulation and supervision lie precisely in that

And it is natural that it is so because, on the one hand, it is after the crisis when the weaknesses of the financial system are truly known; and on the other, the development of potential future weaknesses is less known and therefore more difficult to regulate.

That said, the current supervision includes relevant preventive elements since it exposes the banks to stress tests – the famous stress tests – in scenarios of severe future recessions. It is, therefore, an advance, despite the limitations that are already perceived in these tests, which we hope will be more robust for the future.

In any case, as William Dudley (president of the New York Federal Reserve) recently mentioned, a third pillar is needed – beyond regulation and supervision – to face the future with more guarantees: a new banking culture that encourages good functioning of the organization, starting with integrity in individual behaviors.

Promoting integrity from the organization implies two elements. On the one hand, establish incentives that encourage an ethical breeding ground in organizations. In this sense, I would highlight not linking economic incentives to short-term results, ensuring the independence of rating agencies, or avoiding positions of excessive risk without coverage -as those maintained by loan insurers-.

The financial scandals have been happening; In recent years we have been aware of the manipulation of LIBOR or the false accounts of Wells Fargo. The latter has even emerged in a new scenario in which the banks already had a new regulatory clothing (this term coined by Anat Admati, Stanford professor).

In none of the cases were the correct internal incentives in the banks to avoid them, but – and this is the second key element in building a new banking culture – these financial shocks arose from unethical behavior, based on the search for personal and economic benefits. to the detriment of the common good. And it is not only clothing that matters, but what is inside.

The great advantage of creating a new banking culture is that instead of regulating based on past problems, future risks are reduced and negative shocks can be absorbed more efficiently: it is like having more capital, but a cultural capital.

In any case, the future presents many challenges and vulnerabilities on the horizon, I will point out two. On the one hand, as the International Monetary Fund has just emphasized, there is excessive leverage, both private and public at a global level. In Southern Europe, we know well how this element is capable of propagating financial crises and segmenting financial markets to the point of preventing access to them.

On the other hand


the unstoppable digitalization that seeks to place the client in a central place –

which is in itself something desirable- entails relevant dangers, such as cyber attacks.

Given these challenges, the new financial stability (2.0) will require efficient regulation and supervision, as well as actively promote a banking culture centered on service and not on short-term profits.

NOTE: This article is part of the signature service of the EFE Agency to which various personalities contribute, whose works reflect exclusively the opinions and points of view of their authors.