Suppose you have your own company in the Netherlands, but you also have a branch abroad. You would like to take out a loan for this location because you want to invest in this company. Now you are probably wondering whether it is possible to take out a loan for your foreign business from a Dutch financing party.
Can I take out a loan with my foreign company?
You can request a loan for your business from a bank if you are (also) active abroad with your company. The condition is that your company has a registered address in the Netherlands. In many cases, it is required that you, as an applicant, reside in the Netherlands and have Dutch nationality or a valid residence status. A check on these details therefore always takes place when testing your application.
If you also want to take out a business loan for your company abroad, we always recommend that you look carefully at the conditions. Are there any snags to taking out a business loan for your business abroad? Always read the rules carefully so that you know exactly who you are dealing with and what to expect.
Compare various providers
If you are looking for a suitable financing party, you can easily find the provider that meets your wishes and requirements via our website. Fill in the various details via the website and find a party that meets your wishes and requirements in no time. Always take a good look at the party's requirements. You may sometimes not find enough information on the website of a provider about taking out a loan abroad. If this is the case and you have any questions about taking out a business loan, it may be a good idea to contact the relevant party. The advisers are ready for you and can tell you everything about taking out a business loan for Your company abroad.
What do you want to do with your company abroad?
Before you want to take out a business loan for your company abroad, we certainly recommend that you carefully consider why you want to take out a loan. Would you like to renovate the property? Do you want to invest in new business assets? Or do you want to invest money in the marketing of the company? Please note that the costs abroad may be different in the Netherlands. It is therefore a good idea to request quotes in advance. For example, you may need USD 30,000 for a renovation in the Netherlands, while you only need USD 10,000 for the same renovation in another country. A shame if you borrow more money than you actually need. So think about this carefully before entering into an agreement.