Professionals (artisans, traders …) are not immune to debt, especially if they have taken several credits at the same time: professional loans, of course, but also personal (consumer loan, mortgage). In this case, it may be interesting for these professionals to group all their credits into one. This is called redemption of credits as for individuals. What specificities for the purchase of credits for professionals?
For professionals, the purpose of a credit redemption is to avoid over-indebtedness. When the debts are grouped together, the monthly payments are revalued by the repurchase body, the rates being revised downwards. Each month, the professional will have the same amount to repay, but it will be spread over time. The rate cut is significant, generally in the range of 40% to 60%.
Of course, this pool of credits for professionals is not without guarantees: the bank needs to ensure the repayment capacity of its creditor.
To do this, she will often ask the borrower for mortgage guarantees.
The lack of cash is a major concern for a company. The “end” of the company, the filing of a bankruptcy, is one of the consequences of over-indebtedness. However, to avoid this, the company must ensure its survival, then in a second time, develop: expand, invest, new projects, revive its economic activity. These are goals that professionals strangled by debt can not even consider.
The major advantage of the purchase of credits for professionals is precisely to be able to develop his business again.
The money saved by the lowering of credit rates and monthly payments allows the professional to realize his projects for his company.
As for the entrepreneurs who had to borrow to start their business, they will also be able to benefit from repurchase of credits to obtain a better rate of refunds.
Professionals who subscribe to purchase of credits for their company also have the possibility of grouping their other personal credits (house, car, consumption, etc.), under one monthly payment and at a single rate.
Read also Which organization has the authority to buy back a credit? The professional/private barrier is thus erased during this type of loan redemption. The benefits are many, of course financial, but also practical: the time saved and simplified account management make the purchase of professional credit a powerful and simple way to get your business and accounts afloat.