Loans to companies

The companies have different financing sources:

Proper resources: payments of the associates, remnant and/or reservations.

Foreign resources: not financial credits (providers) and financial credits to short or long-term.

In the paragraph of the financial, bank credits, from the companies and from the businessmen there are demanded guarantees major than in case of the personal loans at the time of granting a loan. This is like that for the risk that he supposes that before a crisis of the business or of the company the banks could not recover anything of the loan.

This would be one of the principal differences between the natural persons and the legal persons. In case of natural persons, as it indicates the Civil Code (art 1911): "Of the fulfillment of the obligations the debtor answers with all his present and future goods”. Therefore the payment obligation does not become extinct. Nevertheless in case of legal persons, of societies or companies, the maximum responsibility that will be assumed is limited to the contributed capital. Due to this the loans that are negotiated by the credit companies are usually for limited quantities, depending on our capital, and to be sick in the short term, for example to three years and in his case to renew it.

On the other hand, help plans exist for young businessmen, for women, etc. The public entities offer microcredits without need for guarantee to the one who presents a project.

Also, there are other sources of financing different from the bank loans at the disposal of the companies. It is the case of the credit advances and commercial discounts, which allow to have for anticipated our not conquered collection rights or commercial effects (letters); the leasing or the renting, to have the goods that are needed paying quotas but without acquiring the property (in the leasing there is call option on having finished the contract); or the factoring, the transfer of the credit that generate the sales of the company, being the titular bank of these rights and assuming the collection risks.