Press enters a new segment and now offers corporate loans.

“We continue to develop together with our customers. With the new loan offering, Best Bank can support its customers in various areas and development phases: from personal loans for studying, starting their own business to financing growth in the company, CEO of Best Bank, about the expansion.

Businesses get credit terms in real time

Businesses get credit terms in real time

Corporate loans through Best Bank are tailored to the needs of MMS for quick, easy and unbureaucratic financing. Companies can now access their own completely digital application path . “Best Bank enables a digital corporate loan, in which the company receives reliable, individual conditions in real time immediately after the request,” explains Dominic Böhmer, Head of Corporate Customers at Best Bank.

Another difference to the application process at many traditional banks: For the evaluation of the credit request, companies only send the annual financial statements and the BWA in digital form to Best Bank. As a rule, there are no further disclosure requirements during the application process. This frees companies from unnecessary bureaucracy when taking out loans. In addition, no shareholder liability or additional collateral is required for the corporate loan. Compared to many traditional banks, the loan can be paid out three times as fast on average.

With Best Bank, companies can now get loans in the amount of 10,000 to 750,000 USD from 2.7 percent effective interest pa The terms are between 6 and 60 months. SolarisBank AG acts as the lending partner bank.

Competitive advantages enable innovation for MMS financing

Competitive advantages enable innovation for MMS financing

The credit marketplace Best Bank has developed novel scoring methods over the years to differentiate and assess the creditworthiness of the self-employed individually. This long-standing expertise is now also included in the credit rating of companies.

“In the past twelve years, we have revolutionized personal loans in Germany with our innovations in risk management and technology. As of today, we will use this competitive advantage to facilitate financing for small and medium-sized companies in Germany, ”explains Raffael Johnen about the new offer.

So far, corporate loans have been taking too long

So far, corporate loans have been taking too long

According to the intrasavings bank, MMS complain about the high expenditure of time from the loan requirement to the payment, as well as the high requirements for collateral and disclosure requirements. However, small and medium-sized companies need fast and flexible financing solutions to prefinance goods, purchase or repair machinery at short notice, and quickly meet high demand.