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 wondering whether it is possible to take out a loan for a foreign business with a Dutch financing party.
Can I take out a loan with my foreign company?
You can apply for a loan for a business from a bank if you are (also) active with your company abroad. The condition is that your company has a business address in the Netherlands. In addition, in many cases it is required that you as an applicant live in the Netherlands and have Dutch nationality or a valid residence status. A check on this data therefore always takes place when you review 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 in 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 you can 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 look carefully at the requirements of the party. You may not find enough information on a lender’s website about taking out a loan abroad. If this is the case and you still have questions about taking out a business loan, it may be a good idea to contact the relevant party. The advisors 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 definitely recommend that you carefully consider why you want to take out a loan. Would you like to renovate the building? Do you want to invest in new business assets? Or do you want to invest money in marketing the company? Please note that costs abroad may be different in the Netherlands. So a good idea to request quotes in advance. For example, it may be that you need 30,000 euros for a renovation in the Netherlands, while you only need 10,000 euros for the same renovation in another country. Too bad, if you borrow more money than you actually need. So think carefully about this before you enter into an agreement.