Our motto is "simple and fast," and we have designed the loan application process accordingly. Here are the steps for how your SME can apply for a loan with Cashare:

1. Start your loan application directly
   You can fill out the loan application immediately on our website – a separate registration is not required. First, select the loan type, desired loan amount, and term that suits your company’s needs.

Differences between SME Installment Loan and SME Short-Term Loan (Bullet Loan):

• • SME Installment Loan: This loan is repaid in fixed monthly installments. Each installment includes a portion for amortization and interest. This is ideal for companies that prefer to distribute repayments evenly over the loan term.
  • SME Short-Term Loan (Bullet Loan): With this type of loan, there are no interest or amortization payments during the loan term. The entire loan amount, including interest, is repaid in a single payment at the end of the term. This is particularly suitable if your company expects larger revenues at a later stage and prefers to repay the loan in full at that time.

2. Submit the application
   Once all the required information has been filled out, you can submit the loan application with a single click. Your account will be created automatically, and you just need to confirm your email address. You will receive an email with a confirmation link ("Activate Account").

3. Initial credit check
   In the first step, we will review the minimum requirements, and you will be notified if additional information or documents are needed for further evaluation.

4. Provide financial information and loan project details
   In the next step, you will need to provide the necessary information for assessing your company’s creditworthiness, such as financial statements, income, expenses, and any existing debts. Additionally, you will provide details about how the loan will be used to give us and potential investors a comprehensive view of your project.

5. Comprehensive credit and financial review by Cashare
   After submitting the documents, we conduct a comprehensive assessment of your company’s creditworthiness and solvency. This detailed analysis includes your company’s financial situation and its long-term repayment ability. In this step, a decision is made on whether a loan will be granted, and the rating as well as the terms are determined.

6. Project publication and funding
   Once the review is successfully completed, your loan project will be published on our platform. Investors can then participate in funding your loan. Once enough investors have contributed, the loan amount will be fully funded.

7. Disbursement and repayment
   After successful funding, the loan amount will be disbursed to you. For an SME Installment Loan, repayment is made in monthly installments, including amortization and interest. For an SME Short-Term Loan (Bullet Loan), the entire loan amount, including interest, is repaid in a single payment at the end of the term.

This flexible process and the different loan models offer your SME a tailored financing solution that meets the specific needs of your business.