Swiss Business Loan Comparison 2024

You can easily find the best business loan for your needs using the unbiased business account comparison on moneyland.ch. Just select a profile and specify the kind of loan you need. The comparison will then show loans for which your business is eligible sorted by costs. You can then begin the application process for the loan of your choice directly online.

Swiss banks are somewhat conservative with regards to granting business loans. The unbiased loan comparison on moneyland.ch includes a number of non-bank lenders in addition to Swiss banks. The comparison also clearly shows the minimum and maximum annual interest costs of each business loan offer for your business profile.

The moneyland.ch business loan comparison accounts for many different criteria, including:

• Loan type
• Loan amount
• Loan term
• Company type
• Year of company founding
• Financial turnover
• Company profits

Depending on your business profile, you may not be eligible for some loan offers. These will not be shown in comparison results. Swiss lenders only provide loans to businesses which turn a profit.

Your company’s financial situation is also a key factor. Each lender has its own methods for judging the creditworthiness of business borrowers.

Swiss lenders generally do not lend money to foreign companies. Most lenders only provide loans to companies which are domiciled and operate in Switzerland. Contact the lender directly to inquire about your specific case.

Important: The Swiss consumer credit law does not apply to business loans. This means lenders are free to set their own interest rates without limitations, and published interest rates are normally not effective interest rates and do not account for all costs.

Typically, the costs of Swiss business loans can be divided into two main categories: interest costs and administrative costs.

The business loan comparison on moneyland.ch accounts for both of these cost categories and compares offers based on total costs. Separate algorithms are used to calculate interest and fees based on criteria like the loan amount and loan term.

The highest and lowest possible interest rates are shown in the comparison. The exact interest rates your company can get depends on the lender, your company’s creditworthiness, and other criteria. Applying for a free quote from the lender of your choice is recommended because this is the only way to determine the exact interest rate which your business is eligible for.

Yes. A number of Swiss non-bank lenders have launched loan offers which are only available via online channels. These companies do not have branch offices. Instead, the application and lending process if carried out via an online platform.

You can compare different kinds of loans with the comparison. These include:

• Equipment loans
• Investment loans
• Research loans
• Liquidity loans
• Growth loans
• Debt refinancing
• Succession financing
• Acquisition financing

You can use the Swiss business loan comparison to compare loans for these kinds of companies:

• Sole proprietorship or self-employed individual
• GmbH/Sàrl
• Aktiengesellschaft (AG/SA)
• General partnership
• Limited partnership
• Foundation
• Cooperative
• Simple partnership
• Association

Yes. Self-employed individuals can make use of either personal loans or business loans. In some cases, a personal loan may be more affordable and/or easier to obtain.

You can use the unbiased personal loan comparison to compare personal loans.

Many Swiss lenders only accept loan applications from businesses which are already profitable. These lenders do not grant loans to companies which have not made a profit or to companies which have debts. But there are also lenders which accept loan applications from companies which are not yet profitable, if your company’s business figures and creditworthiness justify this.

Startups are not normally eligible for business loans. Some Swiss lenders only accept loan applications from companies which already turn a profit. Additionally, many lenders only grant loans to companies which have been in operation for several years.

If you are looking for a business loan for your startup, you may have to consider alternative financing models (like crowdfunding) or find investors.

You are normally required to submit annual financial statements (balance sheets and profit/loss statements) for past business years, and financial information for the current business year. Additional documents may be required by some lenders.

Lenders typically accept or decline a loan application within several days of receiving all required documents. It can take several days from the time the application is accepted for the loan to be transferred.

Not all business loans are amortizing. Some business loans are non-amortizing, meaning you do not have to repay the loan principal as long as you meet interest payments.

Amortizing loans must be amortized within the predetermined loan term. Possible loan terms vary between lenders and loans. Terms can be as short as several months or as long as 10 years.

Minimum loan requirements often apply. Some lenders only offer business loans of 25,000 francs or more, while others only offer business loans of 100,000 francs or more.

Maximum loan amounts are generally determined on an individual basis as per the financial situation of your company.