Yesterday, 20 January 2021, in cooperation with Credion, we organised a webinar. Carlo van der Weg, director of Credion, told us about Credion, alternative financing, and their working methods and services. In this article you will find the key information that was discussed during the evening.
The webinar was kicked off by our chairman, Ahmet Taskan. He immediately highlighted the importance of alternative financing. Our members often asked us how they could obtain financing more easily, because applying for a bank loan often involves a lot of red tape and takes a lot of time. We therefore went looking for an alternative and entered into a partnership with Credion to introduce our members and network to this alternative form of financing.
After the introduction, Carlo van der Weg took the floor and spoke about Credion, alternative financing, and the working methods and services they use. In the Netherlands, Credion has more than 50 locations and 100 advisers at its disposal who specialise in applying for financing from more than 90 parties. Besides the regular banks, think of private investors, leasing companies, factoring providers, crowdfunders, etc. They help companies with fewer than 100 employees to find financial resources. Because Credion has experience with the application procedures of the various parties it works with, it can help applicants in a more effective and faster way. On the basis of a quick scan, Credion draws up an advisory plan and a file including a liquidity forecast.
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The 5 steps Credion follows for a financing question
Shift from bank financing to non-bank financing
Since 2012, non-bank financing has been on the rise in the Netherlands, and since 2015 it has overtaken the banks. The reason is that banks use a long procedure, which moreover gives no guarantees about whether the financing will ultimately be obtained. To save time, entrepreneurs increasingly choose to work with intermediaries such as Credion, because they do have experience with applications and the chance of success of a financing question is greater.
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Number of billions of euros financed per sector
Credion finances more than €1 billion per year in the Netherlands and can arrange loans of up to €2 million for companies. Would you also like to finance something within your business, and are you a member of HOGIAF? Then you receive a 10% discount on the success fee that Credion charges.
Coronavirus Even during the coronavirus period, Credion is able to help entrepreneurs with, among other things, applications for support packages, subsidy schemes, etc.
If you would like to use Credion's services or need more information, send an email to info@credion.nl mentioning ‘HOGIAF’ and put info@hogiaf.nl in ‘cc’ so that we at HOGIAF can monitor the process.
A short video about how Credion works.
About us
The largest cross-cultural and multisectoral business association in the Netherlands.
