Loan for Starting Up Businesses

Beneficiaries
Privates and Companies  in Starting Up process  or Small Businesses in activity for less than 3 years, regardless of the scope of activities, provided that project to finance is lucrative and such companies have not received financial aid from a third entity for the past 2 years.

Managers of such companies must not be involved in the managerial duties of another company.

Goal
Financing material needed for starting up businesses

Covered Expenditures
Starting up budget, immaterial investments such as marketing, publicity and others, all within a program that should not exceed US$ 2 million.

Intervention Terms
Loan for a maximum period of 10 years.

 

 

Development / Innovations
Fully registered companies or SMEs with a minimum of 3 years in activity and engaging in an innovation program such as: Industrial and commercial launching of a product, Development of innovative technologies. Modernization of production equipments and tools, Entering new markets, New marketing strategies.

Goal
Covering working capital for Innovation or Development Program.

Covered Expenditures
Recruitment and training costs, prospection, handling of new orders, marketing, communication, upgrading, equipments, software, increased need for working capital generated by the project.  

Intervention Terms
No guarantee or deposit requested for Loans that range within the equity and quasi equity of the company.

Loan period: 5 to 10 years 

Mission Statement
Universal Venture Funding is committed to offering the highest level of service to our clients. We strive to achieve excellence on behalf of our clients when helping them choose and apply for loan products most suited to their individual or business needs.  

We at Universal Venture Funding treat our clients Worldwide with respect, courtesy and professionalism throughout the loan process, your success is important to us. We are the money and we’re here for you. Our aim is to build and maintain a reputation that is second to none in the Finance industry.

Our services are open to worldwide applicants regardless of their Nationality, provided that project submitted is of lucrative nature.Among a set of recommendations and based on international standards, applications will be supported with documentation proving applicant's ability to cover part of repayment process in the event of Business project not running as planned. Interest rates range between 3.5% and 4.5% per annum for periods between 5, and 10 years.