The step into self-employment entails many risks and imponderabilities.
Entrepreneurs can not be sure of a regular income, are subject to economic risks and must always keep track of a variety of events. These difficulties lead to a large number of business start-ups failing after a short time.
At the same time, the chances of success can be significantly increased by a professional planning and conception of the project. The basis of all entrepreneurial decisions is the financing. Intrasavings supports entrepreneurial involvement through the Gordstart program, which provides start-ups, freelancers and small businesses with a market presence of less than three years up to 50,000 usd.
Investments and resources are funded up to one hundred percent.
Intrasavings grants the applicant’s house bank an 80% indemnity, which significantly increases the chances of a real payout. It also supports start-up companies whose projects are initially pursued as a sideline and become full employment in the medium term.
In principle, all forms of business start-up are funded which promise the prospect of economic success. The conditions are extremely favorable compared to start-up financing on the free market. The loan has a term of up to ten years, with up to two years of early redemption facilitating entry into entrepreneurship. Free special repayments are possible at any time. The interest currently amounts to a loan with five years maturity, a redemption-free start-up year and a fixed interest rate up to the full repayment of 6.85 percent effective in the year.
One hundred percent of the payout will be made, and one $ 0.25 per month commission will be charged for unused amounts.
The entry fee is suitable for all budding entrepreneurs, who register a manageable capital requirement and would like to secure an affordable initial financing with a flexible design. In particular, the service sector benefits from the program; Industrial projects can not be covered by Gordstart alone due to the comparatively low financing volumes.