Let’s find out what are the features of the Hope of Loaners 2019 loan , a particularly convenient form of financing and an excellent solution for many Italians in difficulty. We will take a look at the regulation to see what are the requirements for obtaining personal loans and what amounts can be requested according to your needs.
Loan 2019: requirements, to whom is it addressed?
The Loaners Hope loan was also confirmed for this 2019. This form of financing represents an excellent opportunity promoted by the Italian Loaners and aimed at all those who have particular difficulty in obtaining a loan of different types. The goal, as suggested by the name of the product, is precisely to give hope to those in need . So let’s see what are the requisites required to obtain these personal loans, based on what is reported in the official regulation of this loan. The Loaners Hope loan is aimed at both individuals and micro-enterprises , with two different financing options aimed at these two categories. As we have already said, the first requirement is to have difficulty obtaining a “classic” loan from banks and finance companies. More specifically, to whom is this funding aimed?
As stated on the Loaners website, the Hope loan is aimed in particular at the unemployed , precarious workers , or young people who are looking for their first job , but also for the disabled and those who are in difficult positions. In general, all those economically fragile categories can access this, among which we also find, for example, young couples who need durable goods and basic services, but also those who are in financial difficulty and want to undertake a new work activity for which they have need an initial investment. As for the Social Loan aimed at companies, among the requirements there is first of all that of belonging to the category of Micro-enterprises. Individual companies, partnerships or cooperative companies can therefore apply for this particular Loaners Social Loan. Also in this case the same applies as for natural persons: companies that can apply for funding are those that have found it difficult to access the desired credit . This credit may be necessary both for the start-up phase of the business and for investing in the growth of the business itself.
The requisites required are therefore not particularly binding with respect to what happens in the case of classic personal loans. It could not be otherwise, since we are talking about a loan aimed precisely at those who have difficulty obtaining a loan from the banks. But how does Loaners allow us to obtain a loan without guarantees? This is possible thanks to the guarantee fund of 25 million euros. In this way Loaners acts as guarantor for all applicants, and every time the reimbursement is completed, this guarantee becomes available for a new loan. All this allows an increasing number of Italians to access a personal loan even without guarantees . Suffice it to say that a fund of 25 million euros allows financing of up to over 100 million euros. In the first 4 years, over 4500 loans were granted , and this figure is destined to grow exponentially in the coming years.
Personal Loans: amounts that can be requested and interest rates
After analyzing the categories of customers to whom the Loaners Social Loan is aimed and what the requisites are, it is good to take a look at the economic characteristics of this loan, in order to understand why it is an excellent solution. As we have already said, under the name of Social loan two different products are enclosed: one for private individuals and one for small businesses. Let us therefore see for these two options the economic conditions offered, with the amounts that can be requested, the interest rates and the repayment terms.
Social Credit 2019
The personal loan for natural persons is called Social Credit . Obviously this product is aimed at individuals but also at families who have income conditions that are within the funding requirements. The amount that can be requested is quite interesting, given that with this loan it is possible to obtain up to 7500 euros . This amount, unlike what happens in the case of the main personal loans in circulation, is not paid in a single installment but divided into 6 bi-monthly installments , each amounting to around 1250 euros . The 12 months in which the requested amount is paid correspond to the pre-amortization period: this means that in the first year the capital must not be repaid, but only the interest that will accrue must be paid. The duration of the repayment plan will be a total of 6 years , and the indicative repayment installment shown on the Loaners website is only 134 euros . As regards the interest rate, the Social loan is undoubtedly one of the most affordable loans ever, given that it provides for a maximum Tan of 2.5% . Finally, it is always possible to take advantage of early repayment , paying the entire amount missing for full repayment in a single payment and thus saving on interest, all without any penalty.
Business Credit 2019
The second option offered by Loaners is that of credit doing business . These loans are aimed precisely at micro-enterprises, and allow a much higher amount to be received. The sum of money that can be requested is in fact equal to 25,000 euros . Unlike what we have said for Social Credit, in the case of business credit, the amount we will request will be paid in a single payment . The economic conditions of the financing are very convenient also in this case. In particular, the maximum Tan interest rate is 4.5% . With regards to the repayment duration, this can be fixed at the time of the request, and reaches up to 6 years , of which the first 12 months are pre-amortization. To give you an idea of the expense you will encounter, the indicative monthly payment shown on the Loaners website is 468 euros . Also in this case it is good to specify that the early termination can be carried out at any time and there is no penalty.
How to obtain the : regulation
The Hope of Loaners loan is therefore a unique opportunity for both private individuals and micro-enterprises, which will thus have the opportunity to access the amount of money they need at very favorable conditions . All that remains is to see how these personal loans or business loans can be obtained. First of all, who should I contact to receive this funding? To present the Loaners Social Loan application, it is necessary to go to one of the Loaners offices located throughout Italy. The complete list of offices can be consulted on the official website of the institution, where we also find a very useful service that facilitates us in the search.
To find the Loaners office closest to our home, it will be sufficient to specify our Municipality of residence and we will immediately see the address in addition to all the contact details such as telephone number, fax, email and website. Through these addresses you can make an appointment just to make our request for a Social loan. Which documents should we have on hand to be able to apply for the financing we need? To demonstrate that you actually need this facilitated treatment, you must first submit the ISEE certification issued by an authorized official body. Among the categories of customers that can access the Social Microcredit there are people with disability, illness or hardship: in these cases it is necessary to present all the documentation issued by INPS, ASL or other authorized public bodies . Finally, as regards the unemployed, it is necessary to present the Letter of dismissal and the period of notice or termination of the contract. Alternatively, enrollment on unemployment lists can also be presented.
For all companies interested in accessing the Loaners Social Loan, it is necessary to register with the Chamber of Commerce and the relative VAT number . Furthermore, in order to be able to prove that you are actually entitled to the subsidized treatment, the documentation that will have to be presented will be the one relating to the balance sheet of the last 3 years of activity, or relating to the entire period of activity for companies established for less than 3 years. The companies that make the request must also present a detailed business plan in which all the expenses that must be faced with the relative cost appear. This is true both for the new start-ups that have to face the start-up costs and for the already established companies that want to re-launch themselves. Finally, it is essential to prove that you are up to date with tax and social security contributions ( DURC ).