During an economic crisis, the rule has always been: “Cash is King!” Quickly available liquidity often saves companies in uncertain times and helps to overcome bottlenecks. The finance companies quickly acted with a large rescue package personal loans. These institutions are currently flooded with applications so that the review and payment of the funds can take some time. However, many companies need an instant loan for quick help in times of COVID-19. Because as immediate as the corona crisis hit us, the need for additional liquidity is often immediate.
In this situation, modern technology helps: In order to get the loans quickly, it is helpful if entrepreneurs can compare the conditions online and apply for the loans completely without paper using a digital application process. It is also an advantage if the applications can be checked in a short time and the payment is made immediately. Many financing partners are registered on Davenport Finance who can offer companies exactly this kind of quick help. The consultants help you choose the right loan for your company!
Davenport Finance, the right financing at all times – even in times of crisis.
In the corona crisis, the state supports the domestic economy with emergency aid, guarantees, guarantees, and personal loans. In addition to state aid, there is another very good contact point for financing for SMEs and the self-employed through marketplaces such as Davenport Finance and many others. No one knows how long the crisis will last, and emergency aid, for example, may then have been used up long before the end. There are also restrictions on the application: Before applying for emergency aid, the liquidity of the SME (business assets in corporations) or the private assets of the self-employed must be used up. Expenses for living expenses and for long-term pensions are not included here.
Short-term financing for companies during the corona crisis
The spread of the coronavirus endangers not only human health but also the stability of the economy. The measures introduced by the state have many restrictions, so schools remain closed, local transport is restricted and workers who were on vacation are quarantined. This poses many challenges for entrepreneurs. The Corona crisis in particular brings with it financial concerns for entrepreneurs, as well as questions about financing options in this uncertain time.
At Davenport Finance, you can easily send a personal loan request online and get more information about your short-term financing options. The entire process is digital and can, therefore, be completed quickly and comfortably from home.
Aid loans for your company
The creditworthiness of companies will continue to be checked before lending. Good numbers are therefore a must for companies that want to get an aid loan. In order to be able to examine your options in detail, please send us a non-binding inquiry. Our financial advisors will get in touch with you, examine your options, and discuss all the necessary steps with you. In this way such loans could be really beneficial for you in this situation.