Business loans -What is direct business lending?

What is direct business lending?


Business loans direct lender at is a small-value, low-interest loan aimed at small businesses. The entrepreneur can be formal or informal, autonomous or even negative! No problem! The important thing is to want to invest in the work itself.

The idea is to encourage those who have the dream of opening popular ventures like beauty salon, cakes shop, sewing workshop, among others, or invest in improvements in their existing businesses.

Microcredit is simple, quick, easy to approve, and has little bureaucracy. In the middle of it all you still have the help of a microcredit agent , who is a person who will visit your place of work to better understand your need.

That’s exactly what you read: in microcredit, the bank goes to you!

This loan can help you in expanding stocks, remodeling the store, painting the facade, buying equipment, but not to take out personal debts.

We put some options at the end of the post, check it out!

Values, deadlines and rates

Values : from R $ 100 up to R $ 15 thousand

Time to pay: 4 to 24 months

Loan Opening Rate: up to 3% of the amount granted

Interest rate: Maximum 4% per month (ie maximum 60% per year)

The first time you apply for a microcredit, the amounts and deadlines for payment are lower. This is because the bank still does not know you right. These values ​​and deadlines will naturally increase as your business goes well and you are known to the bank and microcredit agents.

And on interest, they are actually very low. At most 4% per month!

Just so you can compare: Do you know how much interest the overdraft is? More than 12% per month on average!

And the personal loan? 7% per month on average! That is, depending on the bank, you can pay much more expensive than that.

Meanwhile, microcredit charges a maximum of 4% per month. On average, microcredit interest rates are 2% per month. This makes a gross difference in your business at the end of each month.

Small businesses take advantage of smaller interest in microcredit.


Who can apply?


Any business owner that bills up to $ 120,000 per year. Attention, it is not profit! It’s Billing! (That is, everything you collect from sales or service, without discounting costs).

Both natural and legal persons can ask. That is, you can have MEI (Individual Entrepreneur) or not. But if you already have your CNPJ, this can make it easier.

Another important factor: the amount of the installment can not exceed one-third of your income! It is better to extend the loan for a longer period than to commit too much of your monthly budget.

You do not need to put anything into collateral (like home or car), nor have proof of income. Nevertheless, submitting your bank statement can help you a lot.

But if you do not have a bank statement to present, there is no problem. The guarantee can be given through a solidarity group.

Group Loan: the solidarity guarantee

Without proof of income, the guarantee can be made through solidarity groups. With the participation of two to five entrepreneurs, the loan is in everyone’s name, which divides the responsibility for the payment.

If a person does not pay, everyone pays that late installment of it. If nobody pays, everyone gets their name dirty and can not get more credit in the square.

So, the responsibility of the loan is the whole group . The idea is for everyone to help each other grow together (and, of course, be able to repay the loans).

Microcredit for Negative, Autonomous or Informal

Microcredit can also meet negatives! It is more difficult because the person will already have a history of bad payer, but it is possible, especially because of solidarity groups.

And as for the so-called autonomous or informal, it does not have the slightest problem either. This is what microcredit is for.

And in the middle of the way, you will end up seeing that it is a good idea to formalize and do your MEI. This way you will start to contribute to the INSS, have your CNPJ, be able to issue invoices, and pay only one ticket per month (around R $ 50).


How to make?

#1. Put together whatever documents you have

  • RG
  • CPF
  • Proof of address
  • Proof of CNPJ (for example, the MEI, if you have it, but it is not required)

Even if you do not have a document, do not give up. Put everything together and put it in a folder.

#2. Compare Interest Rates and Credit Options on Shrek

You can not talk about asking for a loan without first comparing the options! Just use in our simulator that gives you several options, from the cheapest to the most expensive.

# 3. Go to a bank or talk to a microcredit agent

If there are already microcredit agents in the community in which you live, just talk to them directly.

If not, that’s the annoying part: Maybe you have to go to the bank to talk to a manager and ask about microcredit. But before you go, give a call to the bank! Some of them have unique lines to attend you, and you are already marked the visit of a microcredit agent.

At the end of this post there is a list of telephones and links to the main banks that operate with microcredit.

# 4. Receive a visit from a microcredit agent

To check the reality of your business, the microcredit agent visits your workplace. Once the credit is approved, the money is released into your account within a few days.

This agent will usually accompany you until the end of the loan.


Credit Renegotiation

Contrary to consolidated credit , credit renegotiation is a solution that is available to all people. In fact, it is a much more comprehensive solution than the consolidation of credits and that can solve the problem of excess debt at the root. So, know that you can renegotiate credits if you have:

  1. Bank incidents;
  2. Name on the IXS bank black list ;
  3. High effort rate.


What is Possible to Do in Credit Renegotiation?

To be more successful, credit renegotiation should be extended to all of your lines of credit. However, you can only trade a few credits if you do not want to tinker with some line or if you see that it is not advantageous.

Depending on the type of credits you have, you will be able to:

  • Increase deadlines;
  • Reduce interest rates;
  • Refinance your credit into a separate agreement (for example, turning a credit card into a personal credit);
  • Assign grace periods or residual value.


What are the Results in Credit Renegotiation?

What is Possible to Do in Credit Renegotiation?

Contrary to what many people consider, credit renegotiation often has more interesting results than credit consolidation. The experience of the experts has presented the following numbers:

  • Average credit volume – € 80,000
  • Average number of lines of credit – 7.5 lines
  • Average Savings – Approximately 30% -40%.

Of course these numbers are average numbers. It may be possible to have higher or lower savings, depending on the family situation.


How Credit Renegotiation Works

The credit negotiation process begins with the survey of the financial situation of the family. In practice, you will need to identify:

  • Monthly income and expenses, making the family budget;
  • Debts and their characteristics, through the map of credit responsibilities and bank statements.

In possession of this information it will be possible to define a financial plan and start the negotiation process. The two main objectives of this process are to identify the real situation of the family and to collect arguments for negotiating with financial institutions.


Banking Is Open To Credit Trading

How Credit Renegotiation Works

After collecting all your information we will contact all financial institutions and submit offers to reduce benefits. The great goal will be to reduce your benefits to a sustainable value, ensuring that you can bear all of your costs and have the best solution for your case.


Does Credit Trading Have Any Costs?

The credit negotiation process has no cost of analysis or dossier. We do all the work for our clients until the new contracts are formalized between clients and financial institutions. We will present proposals with clients always the last word in the process. If we get the customer to reduce their services, the cost of the service will be indexed to the savings achieved . This means that if there were no savings there would be no cost to the process.

If you want to know in more detail how we will help you save with your credits, fill out our form and you will be contacted for a diagnosis.

Benefits of Generating Credit History | Business Tips


14 Mar Benefits of generating credit history for your company


14 Mar Benefits of generating credit history for your company


In different articles we have explained the benefits of having a good personal credit history, now it’s time to explain how to start generating a good track record for your company to get more benefits.

Start generating credit history for your SME and get the following benefits.

# 1 Get more loans for SMEs

# 1 Get more loans for SMEs

According to the results of the SME Credit Report that we made, 8 out of 10 entrepreneurs finance their businesses with personal credit or credit cards. This is because entrepreneurs do not have the requirements that financial institutions request and do not have a credit history of their company.

Keeping your business history healthy will make it easier for you to obtain productive loans, so they will be an instrument of growth and not a debt instrument.

# 2 Access to larger amounts and comfortable terms

# 2 Access to larger amounts and comfortable terms


As with your personal credit history, if you have a good track record with your business you can achieve larger amounts and longer terms. For example, if you apply for a credit as a legal entity in Konfío, you can reach amounts up to 1 million pesos.

Remember that the term is calculated based on the amount you choose, so you can get long-term credits and turn them into an ally of your company.


# 3 Get better interest rates


# 3 Get better interest rates


By continuing to finance your business with credit cards you are paying annual interest up to 70%. If you improve the credit history of your company and you get credits for business you will be saving considerably on the interest you pay. A business loan is much cheaper than a personal loan, since the financial risk is lower.

If you do not know the credit history of your business you can consult it for free once a year in the Credit Bureau. If you are a Physical Person with Business Activity you just have to fill out the application for “Special Credit Report of Companies and Physical Persons with Business Activity” and they will send you the information by fax, mail or courier. In case of being registered as a Moral Person, the report must be authorized by the legal representative.

An SME loan can be a tool that drives the growth of your business, so it’s time to improve your business credit history and obtain better conditions.

Buying Houses To Banks With Credit Housing?

Already around here we have spoken several times that housing credit is back. Banks are increasingly eager to give credit to their customers and we already see many people switching banks to reduce the spread of their loans.

At this stage, the advantage of buying a home from banks is less and less advantageous when compared to other alternatives, which is not to say that it is not a great solution. In this article we will talk you some advantages of buying houses to banks.


The Interest on Your Home Loan May Be Lower

The Interest on Your Home Loan May Be Lower

With the successive reduction of the interest rates ( spreads ) practiced by the banks, it is already possible to buy your house with very small monthly installments . In this context, spreads practiced on banks’ homes are usually slightly lower than market spreads. So, cases are interested may happen to be able to do your credit housing with spreads close to 1.25% in some banks.


Financing Equal or Greater than 100%

This is the great advantage of buying houses to banks. If to achieve spreads of 1.5% it is necessary to give an entrance of close to 20% of the valuation value , in the case of banks houses it is possible to have 100% financing (or more, which makes it possible to pay taxes and other associated costs the purchase). Unfortunately, this facility can carry the risk of making bad financial decisions. In fact, many people today regret buying their home, something they could have avoided if they had to make an entrance. Yes. Having to make an entrance is a good inhibitor, which requires us to think several times before making a decision.


Extended Term and Reduction of Commissions

Financing Equal or Greater than 100%

Banks want to “dispatch” the houses they have on their balance sheets. In this way, they will create various facilities to make your decision faster (and less weighted). Thus, it is common to allow longer deadlines (which allows lower benefits) and the reduction of various committees, such as the opening commission or the evaluation committee.


This Option Has Disadvantages

When buying a home the bank is focusing on reducing interest rates (which are not, as we have seen, more appealing than the rates practiced in the market by some banks). This focus will lead you to disregard other factors of analysis that end up weighing heavily on your budget. In this context, we highlight two:

  1. The banks are not very open to negotiate the purchase price , which ends up giving the buyer a very large negotiating power that would make it possible to lower the cost of acquisition and consequently the value of the monthly installment;
  2. The lower spread does not translate into a lower APR. That is, all the associated costs and many other costs end up making your proposal very expensive. For example, many banks require you to underwrite home loan life insurance with your insurer which, as a rule, is much more expensive than alternative insurers (incidentally, we know of many cases where customers pay more for life insurance than for provision).


What to do?

What to do?

If you are undecided as to what to do, why not use the mortgage simulator so as to get an idea of ​​your monthly installment and the benefit you may have if you buy a home using a traditional housing loan? The best of all is that it does not have an associated cost so it does not take any risk ?

History Of The Loan

The trade in the ancient world developed very quickly – with the introduction of the first transport options. Shortly after the idea that people could trade with each other, another idea came up. Namely, to lend a certain amount of money or thing, the borrower promising to repay it later.


Babylonians and Assyrians: very first known loans


The very first known loans were between Babylonians and Assyrians in about 1300 BC. Shortly afterwards, other people living in the Mediterranean, such as Phoenicians, Greeks, Romans and Carthaginians, started to use the credit. At the beginning of our era, the vast area of ​​the Roman Empire quickly helped develop the credit business.

After the collapse of the Roman Empire, the loans were very widely used, because at that time there were a lot of territories through which the money was not a safe decision. Therefore, it was easier to make different types of payments with loans and badges. In the Middle Ages (around 500 to 1500), lending was an essential part of the wealth of cities and cities across Italy. At that time, no trade without loans was conceivable. Borrowers or lenders could be found in any part of the community – both poor and rich. It has been claimed that such transactions have involved even the Pope of Rome and other senior members of the Christian Church. In the Middle Ages there were various forms of credit.


What is “Sea Loans”?

What is "Sea Loans"?

One of them was ” sea loans ”, where a capitalist, or a big money owner, issued a certain amount of money to merchants. If the trip with the ship and the trade was successful, the capitalist could make a significant profit. However, there was a risk that the ship would disappear and that all the money invested would be lost. The spread of credit on the American continent has made a major contribution to credit development. The first case of credit was related to English colonization in the early 17th century. Mayflower’s trip from England to the now-known Plymouth city in Massachusetts was a great achievement, but the cost of the trip was very high. The pilgrims who went on this trip were looking for funding for the trip for 3 years. A wealthy merchant in London agreed to pay the money provided, provided that pilgrims will have to work for 7 years to pay for that money. After several times the agreed time limit, the loan was paid after 25 years. In 1783, when the US War of Independence ended, trade between the new US and Europe could recover.

Loan issuers also continued to operate legally. The maturity of the loans at this time was from 6 to 24 months. There were also exceptional cases in which they were repaid for a much longer period. In the 19th century, loan repayment terms were very well reflected in the rapidly growing economy. The 12-month maturity was one of the most popular, but in 1830 the average maturity of the loan was only 6 months. The financial crisis of 1837 in the US due to the centralized banking system and various other errors was a stepping stone for credit agencies. A couple of them developed and are also present today. Credit can be defined as a loan for a certain period of time.


Its origins lie in a very ancient past.

Its origins lie in a very ancient past.

This business has been occurring at different times, and all layers of society have been part of it. The credit industry is an important part of the economies of several countries and has directly affected a number of important financial developments. In spite of all this, the nature of credit has never changed, because people have had and will most likely need the money to get the coveted property as soon as possible or to achieve their goal.




Housing savings or Home loan is a better solution?

At the end of 2017, two types of state-supported housing self-care were available. The question arises as to which is the better solution (housing savings or Home Loan is better), which one should be worth investing in? Housing savings are already known, while the National Housing Community (Home Loan) is one ( old ) a new concept for the Hungarian market. The ultimate goal of both products is to bring customers to their homes with state support! In this article we look at why you should choose!

Both contracts are covered by state aid of 30%. The upper limit of the grant per contract is HUF 72,000 for LTP and HUF 300,000 for Home Loan.

What is Home Loan?

Home Loan

It was officially an English co-operative (with strong South American references), and it is a treacherous homeowner . The essence of this is that an organizing company (currently only Central Home Loan zrt. Can do such an activity) creates a community community of Home Loan with at least 120 people, where members are interested in the same preferential property.

Members can save on the same monthly commitment and optional ad-hoc payments . As soon as the community accumulates payments (minus the organizer’s reward) for the purchase of the apartment, they will draw an apartment among the members. The draw is preferred by the member who has made the most extra payments (first in Hungary, the member who has paid more for the community).

What kind of apartments can you buy?


Minimum of 10, maximum 15 years per month for members to deposit into the community’s cashier. Pre-named, between $ 10 and $ 40 million, will add new homes to community members. Due to the nature of the draw, there will be a member who will be living in the apartment after 15 years if the community still has a cover.



From the official calculation, it turns out to us …

  1. 26,000 / 166,666 = 15.6% of the monthly payment for a 15-year term
  2. The total deposit is higher than the contract value! With a 10-year maturity, we get less than 120,000 forints
  3. State aid is completely wasted by the state


The Home Loan is only available to members if they can get home as soon as possible. Beyond a critical point, the late home dwellers cause a loss.


Housing savings or Home Loan is better?

Housing savings or Home Loan is better?

It was at the very beginning that state aid was 30-30%, but the maximum amount per contract was 300,000 at Home Loan, 72,000 at home. However, the focus is on permeability per contract . While it is not possible to reproduce the contract in the case of Home Loan, we can also involve our family members in the case of LTP .

How much to pay?

How much to pay?

The 300,000 HUF state subsidy can be obtained in the case of housing savings with a contract with a maximum of 4.1 (HUF 20,000 per month). This number assumes 5 housing contracts, which we can get out of 5 × 72 000 HUF, ie 360 ​​000 HUF.

The advantage of the Home Loan is lost if we have a possibility to sign a contract for a minimum of 5 dwellings. If this is not possible, then Home Loan may be of interest from the point of view of state support, as a contractor can receive HUF 300,000 if he makes payments (HUF 1,000,000 / year).


We can see that for an Home Loan contract the annual amount of HUF 1,000,000 can be met smoothly, as the expected monthly fee in the calculation was HUF 276,000 (HUF 3.3M / year). The other question is that most customers cannot release such a monthly amount while paying for their current home.



Home Loan can only be used to buy a new property, while LTP can be used to buy new, used real estate, upgrade, upgrade, renovate and repay home loans. This is an extremely important factor, as in the case of housing savings, we are given the opportunity to change our goal on the move if we do not find a suitable new building.

It is not sure that when the group picks up our name, we will find suitable new property with the help of Home Loan. In fact, we sign a fixed payout price with the organizer, which also means that we have a framework for financing purchases from our own resources or from additional loans. I’m writing another credit because, regardless of when we get the property, the group will have to pay the monthly installments until the end of the term.

After the crisis, the Hungarian real estate market has been stagnating for years, but from 2014 onwards, an upswing has begun, which is still persistent. On the national average, based on the data of the HCSO, compared to the 2010 levels, we used 15% in the case of used dwellings and 22% in the case of new dwellings in mid- 2016. – writes the bank monitor.

Taking into account regional differences, we can say that, for example, in Budapest at present, there is an over-demand for new homes, which, combined with many other factors, meant brutal price increases. For example, a newly built 110 sqm Budapest agglomeration semi-detached house was available in 2014 for around $ 30 million, and now has to pay between $ 40 and $ 50 million.


In the case of Home Loan, the question arises whether in this case we could pay for the Home Loan community for an additional year (until the expiration) of HUF 166,666 (example), with the addition of an additional loan of HUF 10-15 million. monthly repayments may be more than 100,000 forints. Could we be credited at all with our income?


Minimum term: 10 years for Home Loan, 4 years for home savings. As long as we have the option to reduce payments at the homeowner contract, change the maturity, Home Loan can be reduced by strict rules, and it is impossible to pause payments . It is possible to get out of Home Loan at the earliest 10 years when we get the money back from our money without state support:

We get 26,000 x 120 = 3,120,000 forints less than the amount paid

We also lose state support in the case of housing savings, but we can immediately get our full payment. In the worst case scenario, this amount may be reduced by a 1% account opening fee in case you have used an action that has not been met. Our maximum loss per contract is when we have concluded a 10-year contract, but after 4 years we cancel the contract:

What Can I Deduct From Taxes } Annual Declaration


15 Nov What concept is tax deductible for the SAT?


15 Nov  What concept is tax deductible for the SAT?


As a taxpayer within the Tax Administration System (SAT), each year you must present your annual declaration to comply with the obligation to contribute to the public expenditure of the country. Well, according to the amount of income you get and declare before the tax authority, the total amount of taxes you must pay is calculated. However, there is the possibility that you receive a favorable balance in this process through some tax deductible concept. That is, certain specific expenses that you can check and that are considered to be discounted from the taxes to be paid to the SAT.

But it is precisely that when wanting to deduct taxes, many people still have doubts about what can result as a balance in favor and what not; Well, according to the type of taxpayer you are the concepts to be deducted are different. In addition, the way you check these expenses also influences to proceed. Therefore, you can find out below what you can integrate into your annual statement as a tax deductible and some important points to correctly carry out the entire process.

Physical persons


Physical persons


If you are a natural person there are certain expenses that are tax deductible, on the one hand there are those that are personal and on the other those that are related to the economic activity that you perform.

For health concept

According to what dictates the SAT, you can deduct the following health concepts if they were specifically for you or your direct relatives, that is, your spouse, partner, your parents, grandparents, children or grandchildren.

  • Payment of fees to doctors, dentists, psychologists and nutritionists that you require, as long as the professionals who provided these services have a professional title issued and registered.
  • Hospital expenses and medicines that are included in the same hospital bill.
  • Nurses’ fees, analysis and clinical studies to assess health.
  • Purchase of prostheses or devices for rehabilitation after an event.
  • Insurance premiums for medical expenses that supplement or are independent of public social security institutions.


For education concept

Tuition payments from private education institutions from preschool through high school are tax deductible. As long as these institutions have official validity of studies and the amount is consistent with the annual deductible limits defined by the SAT:

  • Preschool: 14,200 pesos.
  • Primary: 12,900 pesos.
  • Secondary: 19,900 pesos.
  • Baccalaureate: 24,500 pesos

In the same way if the school transport is mandatory you can include it in the deduction.

Some others

Additional to the previous personal expenses there are others such as funeral expenses, mortgage mortgage interest, donations to authorized institutions and contributions of retirement plans.


Physical person with business


 Physical person with business


If you are the type of taxpayer registered under a natural person with business activity, in addition to those mentioned for natural persons, you can include the necessary expenses to be able to carry out your profession or economic activity. For example, if you are a dentist and to be able to provide your services, you spend money on the purchase of tools, furniture, appliances, among others; They are concepts are tax deductible. As you can realize at this point the tax deductions are strictly related to the economic activity you do.


Moral people

 Moral people


As for the legal entities that wish to carry out the tax deduction, the permitted concepts are related to the expenses and investments they make for the business to operate.

  • Expenses of purchase of merchandise with respect to economic activity.
  • Discounts, refunds or bonuses in the final price given to the customer.
  • Investments as shares, fixed assets or securities.
  • Bad loans and losses due to force majeure.
  • Payments made with respect to the Mexican Institute of Social Security as well as Unemployment Insurance
  • Contributions made for the creation of pension fund reserves or employee retirements.


Process to deduce


 Process to deduce

The proper process to request the deduction of taxes within the annual statement, has some limitations. Same that are important to know so you can present the appropriate documents and proceed with the review.

# 1 Submit invoice

The first point is that all expenses for deduction must be verified by issuing the respective invoice or receipt that complies with the requirements that the SAT has established for it, since a purchase note is not a valid receipt. It is also important to emphasize that the voucher must be in the name of the relevant taxpayer.

# 2 Do not exceed the amount established by the SAT

For deductions of personal expenses that individuals have, the limitation is that the amount to be deducted can not exceed what is equivalent to 5 annual general minimum wages or 15% of the total income declared.

While for moral persons, it is also necessary that all expenses are presented by the respective invoice but that the payment has been made by electronic transfer, nominative check, credit / debit card or even electronic purse. As for the point of donations, these should not exceed 7% of the profit obtained in the previous fiscal year.

As you can see, the concepts that can be deducted are diverse and may result in a balance in favor of the total taxes that you must pay in your annual return. Remember to complete all your paperwork in time and form to avoid penalties by the Tax Administration System

Know The Personal Payday Loan All Of Your BBD Bank

Personal Payday Loan is one of the best alternatives in the market to solve small financial problems, pay those accumulated accounts and put order in your financial situation. Personal Payday Loan can also be one of the best ways to realize a dream, whether it be buying a good, making a trip, paying for studies, anyway is a great way for those who need money, quickly and practically.

BBD Bank is one of the most respected banks in the Brazilian market, holds a government share of 54% of its shares and is a benchmark in the credit market and accounts management in the country, most of the public employees, retirees and pensioners of the INSS receive their salaries and benefits at BBD Bank.

For granting credit, BBD Bank has different loan lines called Todo Seu, of which we list and present complementary information below:


Payroll loan

It is the loan with direct debit in the payroll of the borrower, has one of the best rates in the market, the only requirement is that the employer has an agreement for consignment with BBD Bank


Loan Credit Salary

Loan Credit Salary

It is the loan to those who receive the payroll in the BBD Bank, the loan amount is released at the time in the checking account of the applicant and the installments are debited on the same day of payment of the salary.


Loan Credit Benefit

It is the line of credit, focused on account holders who receive the INSS benefit, be it retirement or pension. The Credit is also released on time and installments are charged on the same day of receipt of the benefit, be it pension or retirement.


Auto Loan

It is a loan line, which can be all yours from BBD Bank, the line is pre-approved and can be requested at any time by bank account holders, you choose the best day of the month to pay the installments.



Loan Credit Benefit

Unlike the Loan, the Overdraft limit is available for use in the current account, interest is collected in the following month, proportionally to the term and amounts used, has a higher interest rate than the loan


13th Salary Anticipation

BBD Bank, allows you to anticipate receiving your 13th salary, you must receive your salary, retirement or benefit at the bank.


Anticipation of Income Tax

You can anticipate the credits of your income tax refund, simply state the BBD Bank as the receiving bank and present your tax return with the right to the credits.


Loan with Property Guarantee

Auto Loan

BBD Bank has several lines of loan with guarantee of property, using its own property as guarantee of the loan operation. Remembering that it is necessary that the property is totally removed and in its name.


Vehicle Warranty Loan

It has the same dynamics of the loan with property guarantee, just use your vehicle as collateral of the loan operation to get the credit with good interest rates. Remembering that it is necessary that the car be removed and in its name.