Bank Loan to start a Business

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Miranda
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Bank Loan to start a Business

Post by Miranda » Fri Oct 19, 2007 2:50 pm

Hello everybody, some one knows if the banks have some kind of loans specially to open a business, or how do i get a loan to open my own business, i have done the project, now just lack the money :wink: can someone tell me how do i do ??



Bank Loan to start a Business

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sinikettu
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Post by sinikettu » Fri Oct 19, 2007 3:21 pm

You have to present a very professional business plan to your bank.
You will also probably need some capital of your own or at least something as collateral.
http://en.wikipedia.org/wiki/Collateral_%28finance%29
People do not become more irritable as they grow old - they simply stop making the effort to avoid annoying others.

Miranda
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Post by Miranda » Fri Oct 19, 2007 4:08 pm

sinikettu wrote:You have to present a very professional business plan to your bank.
You will also probably need some capital of your own or at least something as collateral.
http://en.wikipedia.org/wiki/Collateral_%28finance%29
I don't know but i think i heard that the government provide some office that they help you with the project ?? thats true ? some one knows about this ? how can i contact them ?

EP
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Post by EP » Fri Oct 19, 2007 4:17 pm

The place is called uusyrityskeskus. Find the one nearest you.

EP
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Post by EP » Fri Oct 19, 2007 4:17 pm

They also evaluate your business plan.

sammy
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Post by sammy » Fri Oct 19, 2007 4:19 pm

Have a look at these websites, to start with:

http://www.enterprisefinland.fi/

"The Enterprise Finland online service provides information on the obligations towards public authorities that need to be taken into account when setting up an enterprise and acting as an employer. Special provisions and limitations apply to international trade, both imports and exports. The online service also provides information on public funding for enterprises and other potential sources of special funding."

and perhaps also

http://www.expat-finland.com/entrepreneurship/

sammy
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Post by sammy » Fri Oct 19, 2007 4:21 pm

EP wrote:The place is called uusyrityskeskus. Find the one nearest you.
A list can apparently be found here...

http://www.yrityssuomi.fi/default.aspx?nodeid=15381

-> uusyrityskeskukset: http://www.uusyrityskeskus.fi/default.asp?kieli=826

Miranda
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Post by Miranda » Fri Oct 19, 2007 4:45 pm

Thank people, i'm really glad :)

Rosamunda
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Post by Rosamunda » Fri Oct 19, 2007 4:45 pm

And there are plenty of Business Angels and venture capital companies in Finland too especially if your idea is a very commercial one... you should be able to find them through those links above. There was also someone posting on here a few weeks ago about some coffee + pulla networking get-togethers for entrepreneurs. You might be able to find them in the search engine. Those kind of meetings are the best place to get first hand advice from people who have already been through it.

Miranda
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Post by Miranda » Fri Oct 19, 2007 4:48 pm

I'm planning to open a restaurant here if some one have been through this plz contact me to give me some help


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