Loan financing for SMEs when the house bank says no

The Corona pande­mic conti­nues to pose signi­fi­cant chal­lenges for entre­pre­neurs. For 88 percent of German SMEs, the speed factor in raising debt capi­tal has become much more important during the Corona crisis. Three quar­ters of SMEs empha­size that in times of crisis, timely lending is even more important than the actual terms and condi­ti­ons. Compa­nies and tax advi­sors are often inade­qua­tely infor­med about which finan­cing offers can still be conside­red. Some of the FinTechs even offer valid solu­ti­ons in a short time, depen­ding on the parti­cu­lar risk analysis.