In this article we want to talk about different types of private equity loans, their characteristics and requirements to apply for them. We will talk about three types of financing: private equity loans only payroll and without guarantee.
As a private equity financial institution for us it is very important that our clients know all the private financing options that they can find in the market.
Private equity loans: a good financing solution
Private equity loans are clearly the right solution to fix liquidity problems arising from unforeseen events or the accumulation of debt. Although they are also a very good option to get liquidity for an investment or to start a business, for example.
They can be requested for an infinite number of reasons, such as having been discarded by traditional banks for being part of delinquent files or not having enough income. In this article on our blog you can read in more detail all the advantages of private equity loans and how to apply for them.
Private equity loans without endorsement but with payroll
It is true that some private equity loans without collateral only require proof of a fixed income, such as a retirement pension, for example. But in most cases these earnings are required to be demonstrated by a payroll and a fixed employment contract. If you want to know more about loans for pensioners , check out this article on our blog.
Let us remember that this is the entity’s way of checking our solvency and, therefore, ensuring our ability to return the installments throughout the life of the loan. At the beginning of this article, we already told you how Payroll-Only Private Equity loans work and what your grant requirements are.
Who is applying for private equity loans without collateral?
Anyone who meets the requirements of the financial institution can apply for private equity loans without collateral. The profiles of users who request them are very varied , although they tend to have in common: they opt for innovative financial institutions and remain outside traditional, slower and more expensive banking procedures.
This may be for very diverse reasons, such as being on delinquent lists, having a very high level of prior indebtedness, or not having fixed income. With all this, banks do not meet the liquidity needs that many people may have at any time.