Credit broker knows which bank to choose!

Beyond the intrinsic qualities of our brokers (assessing the borrower’s overall financial situation, setting up a financing plan, optimizing the file to be presented), he very quickly knows which bank to go to promote the acceptance of credit.

As a partner, a credit broker knows the operation and expectations of each establishment in its network…

The bank is a partner of our experts!

The bank is a partner of our experts!

The partnership established between a bank and a broker Good Finance is a winning operation for both parties:

  • The establishment considers our credit expert as a doubly interesting business contributor. On the one hand, a broker is a qualified person, who delivers – with professionalism and precision – his overall and financial assessment of the situation. On the other hand, the establishment perceives the borrower’s file in its best light: it is, therefore, a qualified loan request, since it is targeted by a technical adviser who speaks the same language as the lending organizations. A saving of time more than appreciable for the latter.
  • The broker Good Finance has chosen to be paid only by the bank, with which the loan offer is signed (unlike his paying counterparts, who also claim participation from their client): in concrete terms, our expert is paid on the based on a percentage of the loan amount (commission). As this method of remuneration is applied to all the players in its network, it is in its interest to validate the most attractive credit proposals for its customers.

And so that its contacts are interested, while remaining qualified for the loan establishment, the latter provides our brokers – within an established calendar – their latest commercial policies and a negotiated rate grid, which they can apply to build the borrower’s project. So many precious elements that greatly contribute to the added value of our brokers!

The weight of the network behind each Good Finance broker!

The weight of the network behind each Good Finance broker!

Better, thanks to the weight of the national network behind each Good Finance broker, our experts weigh more heavily on negotiation and significantly improve the conditions for obtaining the loan.

If the defined rate grid is a base transmitted to all the credit intermediaries with whom the bank works, we can benefit from an additional margin – taking into account the weight that we represent – in terms of the volume of dossier brought.

If the network of each of our brokers is local (built around its area of ​​intervention), a bank organized in a federation can consider the contribution on its scale and add, to the weight of a broker, that of others who would then integrate his area …

A Good Finance franchisee in our network benefits

A Good Finance franchisee in our network benefits

From administrative support and collective monitoring of the sector – which allows him to free up considerable time that he can devote to new customers…

With this lever, specific to our network, we also have the other classic “weapons” of negotiation, such as the profile of a borrower or the amount of his contribution to influence the loan conditions…

The first meeting with a Good Finance broker is non-binding: quickly request a connection with the franchisee in your region, to benefit from his seasoned eye and determine, with him, if your acquisition project is financially viable!


Income loans: what are they and where to look for them?

The basic option and option that should be considered first when it comes to loans with no income will be the services of loan institutions as well as Good Credit loans.

Consumers very often come out with the most common sense that a necessary condition for obtaining any form of credit or loan outside Good Finance is having sufficient income, which is also documentable. This conviction is most applicable in relation to the offer of banks that actually have a rather rigid and schematic policy when it comes to the models used to assess the creditworthiness of a potential customer.

It is worth being aware of the fact


That at the moment the operating model of loan institutions will in many cases be quite different from the schemes typical for the sector.

Modern loan institutions very often show a flexible and highly individualized approach to a particular client. In practice, this will simply mean a more flexible model for assessing our creditworthiness by a loan company. Therefore, it may result in a positive assessment of our loan application, even if, for example, we do not have stable and documentable income.

Another option available in the offer of some loan companies will be so-called loans for debt relief. In this case, the customer has the opportunity to obtain financing even in a difficult financial situation, and thus, for example, having debt and/or bailiff seizure.

At the same time, it is worth adding that banks, Loan institutions from a practical point of view are by no means the only categories of entities in which you can apply for a loan. In addition, loan services are also provided by so-called private lenders and even pawnshops.

However, it is obvious that in the last two cases the client will be dealing with entities with a specific mechanism of action, which in addition may involve quite a high risk. However, it remains true to say that the lack of documentable income is by no means a circumstance which, in a way, “automatically” rules out the customer’s chances of obtaining loan financing.

Let’s take a closer look at this undoubtedly interesting issue and try to describe the options available to customers when it comes to broadly understood loans without income.

Income loans for customers: what are their characteristics and where to look for them?

The basic option and option that should be considered first when it comes to loans without income will be the services of loan institutions. It should be recalled here that the loan institution is by no means the same as the so-called para bank. A company with the status of a loan institution must, first of all, appear on the Register of Loan Institutions kept by the Polish Financial Supervision Authority. In addition, the loan sector is properly controlled by the Office of Competition and Consumer Protection.

Lending institutions are also required to conduct their activities in accordance with the provisions of the Consumer Credit Act. This Act specifies, among others, aspects such as the maximum allowable costs for loans/credits, the rights of the borrower or the obligations of the lender, in this case, the loan institution.

It is under the provisions of the Consumer Credit Act that loan institutions are, inter alia, required to provide information on the amount of the Real Annual Interest Rate for their loans even in advertising materials.

As a rule, loans for people with no income under the loan institutions offer will be available in two basic variants, namely:

1. Loans for debt relief or loans for those in debt

2. Loans with negotiable terms

In the first case, as the name suggests, the customer is dealing with a solution dedicated to borrowers who find themselves in financial difficulties. Obtaining a debt relief loan may also be available if the borrower has no documentable income. On the other hand, apart from Good Finance, a loan for debt relief will almost always require the borrower to provide additional collateral for the loan.

The most common form of such collateral

The most common form of such collateral

Is the pledge of real estate, although some lending institutions also accept collateral for, for example, a car. The second option is to take out a loan from another person, i.e. simply a guarantor. In this way, loan institutions try to slightly reduce the risk associated with providing financing to a customer who does not have creditworthiness.

The second of the described options, i.e. loans with flexible conditions, presents a slightly different mechanism. In this case, we are not talking about loans for debt relief, but about the offer of loans outside Good Finance for those customers who do not have standard creditworthiness. In this case, the final shape of the offer presented to the client by the loan institution is always the result of negotiations between the borrower and the consultant of the loan company.

As part of these negotiations, it may be established that the loan company will take into account, for example, those revenues that the client actually obtains, but which, for various reasons, cannot be documented. The loan institution may also, by virtue of negotiations, agree to “turn a blind eye” to the negative history in the potential borrower’s databases, provided that the latter demonstrates its actual ability to pay back the loan.

As a rule, as an income source, loan institutions can also accept various types of benefits, such as 500 plus or a pension. For this category of loans, additional collateral in the form of, for example, a house or apartment lien is not usually required by the lender.

Other options for clients without income

Other options for clients without income

As you can see in the examples above, even the most flexible loan offers presented by loan institutions also assume some kind of verification of the customer’s creditworthiness. However, there are also entities on the market that provide loan financing without performing such verification at all.

A loan without income and without verification of creditworthiness can also be obtained, for example, at a pawnshop. However, it is worth realizing that this will be a highly specific form of credit. First of all, a Good Credit loan always and without exception requires material collateral, of course in the form of items that are attractive to the Good Credit.

Therefore, a loan can be obtained by, for example, consumer electronics, valuables, telephones and the like. Another important issue is the valuation of individual things by the pawnshop. The customer should not be prepared for the valuation to be equal to the market value of a laptop, for example. Most often, the pawn shop quote accounts for 60-70% of that value.

The Good Credit loan obviously involves costs in the form of a commission or interest rate. The entire loan amount, including its costs, must be 100% covered by pledged assets. It simply means that if you want to take out a loan of USD 4,000 plus USD 500 at a pawn shop, your client will have to pledge things worth USD 4,500, naturally given the pawn’s valuation, not the market value.

Advantages of Good Credit loans? As a rule, pawnshops do not verify the customer’s credit history at all, nor do they check their income.

The second option may be financing from private lenders

The second option may be financing from private lenders

Here, however, in some cases, we have to reckon with the fact that such a lender will check our history in the databases (of course, remember that we must always give written consent for such a check). Unfortunately, private loans usually have very high costs. In addition, the borrower’s risk is also great here. Before deciding to use a private loan, it is really worth checking to see if our potential lender is not on the Warning List of the Polish Financial Supervision Authority (this list includes data not only of companies but also of private persons).

Of course, for both loans in pawnshops and especially private loans, it is necessary to read the loan agreement very carefully, paying special attention to the part devoted to costs. And if the document seems unclear or contains conflicting information, it is safest to simply look for another lender.

It should be remembered that any oral arrangements will have no de facto value. We will be required to repay a certain amount based on what was included in the loan agreement and any additional documentation we have signed.


How do I get a loan for my company?

There are certain precautions that the business owner needs to take to carry it out, such as, for example, the planning that should be the basis of this decision, because without it it is impossible to keep the accounts up to date and deal with the credit values.

The administrator, manager or director, of the enterprise also needs to think long-term when choosing this form to obtain credit, since from the moment a loan is made, the amounts of the installments plus interest must be added to the company’s costs, throughout the term of the contract.

In addition to worrying about returning the amount, don’t forget the installments, interest, etc. But, do not worry, currently, there are many fintechs that provide credit at affordable rates and facilitate the form of payment, installments, slips, etc.

Of course it is important, even so, you need to keep in mind that a loan is not a bonus, nor an anticipation of receivables, but a money to be borrowed, that is, the time to pay will come.


Don’t fall for scams!

loan scam

Do not make payments or deposits in advance, even with arguments such as, “incurring upfront costs” or “covering fees and taxes”. When that happens, pay attention! It could be fraud.

Credible and solid ventures in the market are unlikely to ask for any value upfront. If you have any doubts, before depositing any amount or carrying out any transaction, please contact the company you are interested in taking out the loan directly.


Opt for online loan …

Today, you don’t have to go to a bank to pay bills, make bank transfers, apply for a loan, credit card, etc. With the internet it is possible to do all of this online, which makes life easier for many Brazilians who cannot leave work, in the middle of the day, to go to the bank.

For this reason, and, of course, for other reasons, the possibility of applying for a loan online is extremely valid, as the entrepreneur does not need to travel. In some cases, the entrepreneur can sign the contract online, respond to requests by email and that’s it!

With the hustle and bustle of everyday life, in the situation in which we operate, it is a fact that practicality and time savings are highly valued factors. Like the contract, support is also online, this allows you to report and solve the problem in the shortest possible time.

Speaking of amounts, interest rates are lower than those for loans from traditional companies.


Collective loan?

Collective loan?

Collective loans, peer-to-peer lending (P2P), is one of the new alternatives on the market for those who need to hire this financial service.

The modality is based on the loan of resources from investors, individuals, to companies, and its main advantage is the elimination of most of the bureaucracies involved in this process.

Some platforms already offer the service, the process is 100% online, safe and fast. The rates are affordable and the procedure is less bureaucratic, which facilitates access to credit anywhere in the country. Just like the survey, commented on initially here, look for references on the subject and, before any decision, assess whether the modality fits your company’s profile.

In addition, the role of the loan is usually to contribute to bringing profits to the business and in future helping to pay off the debt. That is, it needs to bring viable return. In this context, seeking loans that provide low interest rates is essential to avoid getting involved with the bills and entering the loss.




There are several companies that provide this service, but, in the midst of so many reliable and dubious options, it is very easy to fall into traps and be surprised by conditions imposed and even, sometimes, unabated. Therefore, it is necessary to be very careful and careful.

When you start researching company history and loan modalities, consider the alternative that best fits your company’s current situation. As much as agility is assigned in these hours, in-depth study is extremely necessary for the whole process to take place without unforeseen circumstances and scares.

So that there are no problems, make a list of all your debts, such as interest rates (so that you can plan for the long term), payment terms of the loan installments, and so on. Clarify any doubts you have and after choosing the modality and defining the company, see if the conditions offered really fit your reality. If the answer is yes, go ahead!



loan calculator

When studying the best practices on how to borrow, it is necessary to do the math and calculate the financial reality of your own company. This is an indispensable thing to do before considering hiring.

The offer may be the best found in the market, but the benefit will not do you good if you realize that in the end you will not be able to afford the value, if this happens, both your situation and that of the company, it may get worse or more delicate than the current one.

Now that you understand what should be avoided when getting a loan for your company and know a little more about this online modality, follow us on social networks!


How to choose the cheapest mortgage loan? What to look for?


A mortgage is one of the largest financial commitments that you can incur. A loan for a house or flat is an investment for many years, so you should think carefully about what offer we will choose.

The modern banking market is full of mortgage loan offers. Almost every bank operating in the country offers this product, and the demand for this type of liabilities has been the highest for years.

Interest is not everything

Interest is not everything

The increase in interest in mortgage loans is due to the relatively low interest rates that have been on the banks’ offer for several months. All this thanks to the favorable level of current reference rates.

However, interest rate alone, in contrast to widely disseminated information, is not an indicator of the attractiveness of a loan. The total cost of our commitment will include many other fees.

What most accurately reflects the current cost of the mortgage is the APRC, ie the Actual Annual Interest Rate. This ratio expresses the percentage of the annual total cost of the loan to the originally borrowed money.

The total cost of the loan

The total cost of the loan

Looking for the cheapest and the best mortgage on the market, it is worth going to several banks and asking for the preparation of an initial loan proposal. Remember, however, that no bank will accept your application unless you have good credit standing and make no own contribution.

Mortgage loan offers calculated by individual banks will show the total cost of the loan. Its size consists not only of interest, but also commission, account maintenance costs, loan repayment insurance or compulsory cross-selling services.

In the case of loans denominated in foreign currencies, the additional fee included in the total cost of the loan will be the income tax on the loan.

Additional costs

Additional costs

In the case of mortgage loans, it is worth remembering a few additional fees that we will have to pay. This is, among others the cost of bridging insurance with which the bank will secure the loan in the period between the payment of the borrower’s funds and the entry of the mortgage in the land and mortgage register.

Low own contribution insurance can also be added – if you can’t invest enough cash or other goods for investment.

In the case of a mortgage, the banks will also add a fee for the estimation or full expert valuation of the property. You will also be required to pay a tax fee on civil law transactions.