Open a new one or get money to buy a company ? A business of its own is the dream of many people with an entrepreneurial spirit. The work can be greater, the stress too, but the freedom offered by a business of its own can be very rewarding. In times of unemployment and economic crisis, a good part of the population has looked to this solution as an outlet for personal financial recovery. Better than having your own business is not having to start from scratch.
Many business owners and experienced people in the business world know that buying existing businesses can be very lucrative. Of course, you need to know very well which company you want to buy, how it works, your problems and who your employees are and be prepared administratively to meet the challenge.
Loan to buy companies
The capital to acquire for this business may not even be impracticable at the moment, but you do not have to give up on this project to make the necessary investments for lack of money. To warm the economy the federal government has placed the provision and comes to a few years releasing resources and financing especially for this type of investment.
All you need to evaluate is the best type of investment for you if the loan is worth it and if the business you have chosen is profitable. Building your own business from an existing one can be a good way out, either to invest or escape the recession.
Getting a loan to buy a business?
There are several resources that you can use if you are interested in buying a company or taking out a loan to open a new business. You can acquire new companies with the help of the BNDES, using the loans and specific loans that the bank offers or can also resort to private and financial banks.
Many investors can get credit at BNDES and this can be a good option, since it is simple and interest rates are attractive. BNDES also has a line of credit that you can use to buy a company that is recovering from bankruptcy, bankruptcy, or actions of companies that are just starting out.
You can use BNDES credit for small and micro entrepreneurs. The Developer Channel (MPME) is a channel that seeks to invest in small business owners and thereby strengthen these small businesses that are starting.
To get the loan through this credit line, go to the channel’s website. In a form where you should answer some questions. There will be questions about your financial situation and your business; what types of investment you need from resources and the banks with whom you intend to do business. After completing this form, your request will be sent to the selected banks.
You should keep in mind that in order to obtain this loan, the entrepreneur must have managerial capacity and economic and financial status compatible with the acquisition and the intended exploration as well as the intended financing.
What type of company do you choose to buy?
If you want to buy a franchise, online store or a company with a higher billing, an alternative is to go to BNDES. For this, you should go directly to the entity’s website or some state bank. The only prerogative is that the company has a turnover of around 90 million billings per year.
This year the government stated that it has made available a value of about 15 billion reais for BNDES to help in the purchase and recovery of companies. Taking financing for buying and acquiring a company undergoing bankruptcy or court reorganization most of the time is a good deal.
Private banks such as Santander, Bradesco, Itau Unibanco, Caixa Econômica, Banco do Brasil and other government banks, among others, also grant and release lines of loans and financing that can be used immediately. You should address the bank as each one has its specifics when it comes to financing.
The online platforms are full of offers with varied credit conditions, including to buy companies and to those who are starting new companies. The ideal is to do a wide search to collect the best conditions.
What care should I take when applying for the loan?
Know very well the company that will buy. You should research it very well first. It is also good for you to check interest rates. Do the math, do not commit to debt that you can not afford.
Know how much capital you have and how much you want to invest. On the internet you find all sorts of credit and financing for buying companies and other uses as well. Today, in addition to the well-known state and private banks, you can also access online lending platforms, peer to peer lending and Crowdfunding financing, as well as online social loans. Notice how each new loan alternative behaves to get the most out of it.
By taking these precautions, your business will surely triumph.
Why buying a company can be a great solution?
Having your own business can be such a freedom. Plus, you will not have to worry about employees and customers, since they will already be there waiting for you. If the company already has a good name beauty, if you buy from companies with difficulties to recover, hire skilled people.
To buy a company?
In any case, evaluate any decision you make before completing a credit operation to buy a business, but think of the step by step to get around any crisis.
Be the owner of your own business. Buying a business, while risky, is also one of the most secure and guaranteed investments.