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Where do we get the money to start a business or to make a new investment? A solution to that problem is a business loan.


Often a business loan is provided to finance an investment. In most cases, a term is determined in advance, often of one year. However, you can also choose to take out a longer loan. As an entrepreneur there are various possibilities for a business loan.

There are different ways in which you can ‘borrow’ money as an entrepreneur. These forms are taken as a guideline in this article and further explained, so that you get a good picture of the possibilities you have.

Form Possibility 1 Possibility 2 Possibility 3
Business Loan Loan Business Lease  
Business Credit Account Courant Credit Factoring Bank guarantee
Alternative Forms Crowdfunding    

Independent entrepreneurs

As an independent entrepreneur it is not impossible to take out a business loan, but it is certainly not easy. Entrepreneurship always involves risks. If these risks have to be borne by one person, which is the case if you are self-employed, the bank that provides the loan also runs a risk. That is why banks do not always want to lend to a self-employed person. For the bank it is ultimately important that they get the borrowed money back.
If the income of you as an independent entrepreneur is uncertain, it may be that the bank decides to reject your application. Yet there is another way to get a loan. This can be done by presenting the annual accounts for the past three years, having a positive capital and not being personally registered with the Credit Registration Bureau.

Business loan

If you take out a loan as a private individual, you will be checked by in Tiel. This test takes place to prevent Dutch people borrowing more than is responsible. checks in the first instance whether it is justified to provide the loan. All loans and other financial liabilities are registered with . If you have a negative registration as a private individual, your application for a loan will probably be rejected.

This is different for business loans. In most cases, does not deal with business loans. In very specific cases, the agency does carry out a review, but this is usually not the case. A company credit is not specifically registered with . That is why you, as an entrepreneur, can borrow business money without registration.

1. Possibilities business loan

If you are eligible for a business loan as an entrepreneur, then it is time to decide what kind of loan you want. There are various ways to borrow money and one of these options will be most suitable for you. In addition to an ‘ordinary’ loan from a bank, you can think of business lease, business credit or factoring, for example.
Compare Business Bills

Often a certain amount is agreed with a business account on current credit to where you can deposit or withdraw cash, flexible and continuous. Variable monthly payments are paid depending on the amount you have withdrawn and the interest rate. As with a loan, in most cases it is necessary to have a collateral. There is something in this way in case you can not meet the payment obligation. In most cases this is a stock or inventory, but this can also be a business or the surplus value of your home. This also has some advantages for you as applications, because the more security there is, the less interest you pay.

If you want to take out a current account credit, you can do this with various financial institutions. Banks often also offer this type of credit. Important to know is that banks in many cases do not distinguish between applying for a current account credit or a loan. In that case you still have to do a lot of work before you are eligible for a credit at all.


As an entrepreneur you are dealing with debtors, creditors and cash flow. It is not self-evident that your debtors pay their invoices before you have to pay your own costs. If this is not the case, you will have to fulfill your own payment obligations in a different way. Factoring is a good solution for this. You do not need to apply for an additional loan for your financing and can still pay your creditors.

Factoring is a form of payment that is often offered by a bank where you immediately receive an advance, based on the invoices you have drawn up. You often receive this money within thirty or sixty days. With this traditional form of factoring you still have the risks of the outstanding invoices yourself. In addition to traditional factoring, the American form of factoring also increasingly occurs in the Netherlands. You are no longer responsible for the outstanding invoices, but the entire debtor portfolio is taken over by a third party. This party will then, of course, also assume the associated risks. With this credit, which is often provided by bank-independent institutions, the costs are slightly different. Usually this is between 3 and 6 percent.

In addition to the benefits that factoring entails, there are also disadvantages to this form of credit. First, the maximum amount you can obtain with it is often related to your sales or invoices. This is therefore a fairly limited amount. In addition, with the traditional form, you still bear the risk of not paying your debtors or not paying them on time.

Bank guarantee

When you make a large financial transaction or investment, you may be asked for a bank guarantee. This is in fact a contract whereby the bank unconditionally guarantees that an amount will be paid if it is claimed. This is therefore not a payment method, but a certainty that the agreed performance is delivered. If not, the counterparty receives financial compensation. This gives you extra security and trust to the person you do business with, in case you do not comply with the agreements made.
When you have a bank guarantee issued by a bank, for example, you enter into a financial obligation with this bank.

3. Crowdfunding opportunities

When you have to invest your company in a company, project or product, but you do not have the money for it directly, you can apply for a loan or credit. This ultimately costs money and involves risks. If you do not want to go for this, there is the possibility of crowdfunding. This is a form of financing in which several parties jointly invest in this company, project or product. Since the crisis this form of financing has grown, partly because getting a business loan can sometimes be difficult.

In fact, you raise money from the general public. This prevents a visit to the bank or other financial institution. In addition to money, crowdfunding also generates name recognition and you bind customers to your company or project. Crowdfunding can be done in different ways. The main forms of crowdfunding are shares, loans, donations without counterparts and donations with non-financial consideration.

While loans are often not paid to new entrepreneurs, crowdfunding is an interesting way to raise money for both start-ups and established companies. Nevertheless, a lot of time, knowledge and energy are involved in this form of credit. For example, you have to have a good plan in advance, you have to set a remuneration for the investors, choose a crowdfunding platform, arrange a good pitch, mobilize your network and start a campaign. In addition, once you have done all this, it is also a matter of staying in touch with the investors. If all of this succeeds, you have found a good form of business money.


Whether you opt for a business loan, a business credit or for crowdfunding; it is good to realize that every loan entails risks. For example, if you can not fulfill your repayment obligations, chances are that you will lose your personal assets or personal belongings.

Therefore never borrow more than you need. Although the lender always looks at your turnover and the maximum repayment obligation when applying for a loan, it is important not to let everything depend on the assessment of this lender. It is important that you take action yourself. You actively consider the loan; is it really necessary and how much does it have to be? Do not borrow more than necessary. You will then run a greater risk of not being able to meet the repayment obligations.

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