Here you can find a short comparison of Capitalia microloan and traditional business loan:
|
Capitalia microloan
|
vs.
|
Traditional business loan *
|
| Basic documentation, all information exchange electronically | Application Requirements | Additional documentation to be prepared |
| Short online application form and a telephone interview | Application Process | Detailed application form online and a consultation at Customer Service Unit |
| One to five working days | Time to Decision | A week or longer |
| Solutions available for non-standard loan terms and conditions, early repayment wthout penalties | Flexibility | Standard solutions available, early repayment charge applies |
| Available for companies with short operating history and small or illiquid collateral | Availability | Available for companies with minimum two year operating history, strict collateral requirements |
| Direct communication wit the Loan Manager | Customer Service | Call center and contact form based customer service |
* Comparisons have been obtained through publicly available sources and individual terms of some business loan providers might be different than stated above.