Since 2009, it has become very easy to create your own business thanks to the status of self entrepreneur. This status allows job seekers, employees or retirees to start a micro business easily using simplified and quick administrative procedures. The declaration procedure is carried out online and the micro-enterprise can be launched as soon as a registration number is obtained. Once this number is obtained, the auto entrepreneur can send his first invoices to his customers.
Personal business loans are a good option for borrowers who have strong credit and need lump-sum financing to start a business. Also, you don’t need collateral — such as a house or a car — to qualify. Business credit cards are a good option for short-term expenses.
Launching a micro-enterprise requires funding
If the administrative part of the creation of the status of self entrepreneur is simple and fast, the fact remains that a business creation, even micro, requires funding. Many new micro-entrepreneurs have to face cash flow difficulties from the first months of their new activity. Before you can collect payments from future customers, you often have to pay the suppliers. The purchase of production equipment is sometimes necessary before being able to sell its products, even a simple computer. The financing of the auto entrepreneur must therefore be taken into account when launching the activity.
Consumer credit for the auto entrepreneur
Good cash is often a guarantee of solid activity for the self entrepreneur. For this, he can have recourse to consumer credit. While waiting to finally be able to collect his first invoices, the personal loan solution makes it possible to pass the delicate period of the first times of the micro enterprise. By calculating their monthly payments as accurately as possible, the auto entrepreneur can integrate his purchases of equipment into his business plan while controlling his expenses and his cash flow. With a medium and long term vision, the self entrepreneur can calmly approach these first decisive steps in the creation of his activity.
As long as your bank allows it, you can have multiple loans outstanding at the same time, but the total amount borrowed can’t exceed program limits.