Do you need additional financial support for your company, but you do not know where to go? Today, you can both opt for banks and loan companies that offer non-bank loans. They offer installment loans and payday loans. Which offer of this kind is worth deciding?
A few thousand zlotys, or maybe several hundred thousand? At the start, and maybe on the current activity? Companies now use loans. Those offered by non-banking companies are enjoying growing interest today. This is mainly due to their speed and convenience. We can also apply for it completely via the internet, so we do not have to leave the office or home at all to receive the necessary money.
Most often, loan companies are associated with payday loans, but they are not the only offer for companies that need additional financial support. Also installment loans are also available – also on-line.
Momentary and installment loan – how do they differ?
Watermax is a special type of loan, which is granted for low amounts and short periods – hence its name, because we borrow only for a moment. Usually, payday loans allow you to get an amount between 100 and 2 500 zlotys to be repaid in 15-30 days, sometimes 60 days. Therefore, in a fairly short time, we must give the loan company a large sum. Short-timers are the most frequently chosen loans when we require a quick remedy of the budget with a small amount.
On the other hand, installment loans offered by loan companies allow you to borrow larger sums for a higher period. The maximum loan amount is about PLN 10,000 – repayment can take place in the period from 1 to 24 months, which allows you to obtain a convenient installment amount when repaying such a high sum.
When to choose a payment and when to pay an installment loan?
Then, when you need a small amount that we can pay off in a short time, payday loans for companies will be a good choice. However, when a company needs more money, for example to start a business or during a temporary stagnation, the installment loan will be a better choice. Thanks to it, we will be able to receive a high amount – we will be able to allocate it to any expenses.
What’s more, the installment loan is also safer than the payday loan. This is mainly due to the fact that it is spread over a larger number of installments. The risk of non-payment of a payday, especially for a high sum, is higher than in the case of installment loans.
Installment loan – make an application now!
If you need a quick and convenient installment loan for the company, we invite you to familiarize yourself with our offer at Aasa Dla Biznesu. For customers, we have prepared a loan for up to PLN 10,000 with a repayment period of a maximum of 24 months. Detailed information about the cost of the loan can be checked now in the calculator located on the home page.