Your professional loan in less than 5 days and without deposit

+ What are the characteristics of our Instant loan?

• The company can borrow from 3000 to 50k €
• The compnay's yearly turnover needs to be more than 60k €
• The company needs to have had an activity of at least 12 months
• 3% upfront fees
• Monthly interest rate of 1.25% (e.g. 10 000€ borrowed, monthly interest charged is 125€ )
• Maturity: 1 – 12 months

+ What are the eligible legal company types?

Companies with the following legal forms are eligible for the Instant Loan: SA, SAS, SARL, SASU, EURL, SCI. The liberal professions and sole proprietorships are not yet eligible, but will soon be

+ What can I finance?

• Financing/refinancing of tangible or intangible assets
• Customer deadlines
• Recruitment
• Business development
• Communication campaign
• Restocking

+ How much can I borrow and over what period?

It is possible to borrow between 3000 and 50,000 EUR over a maximum period of 12 months. Note that you cannot borrow more than 10% of the company's annual turnover.

+ Required documents for instant loan application

• Last two company’s balance sheets

• KBIS and bylaws

• Grant access to the transactions on the company’s main bank account (through Budget Insight)

• Information about the company’s ultimate beneficial owners

• Identity document (valid passport or ID)

+ What is the instant loan aplication process?

1- Validate your eligibility in 5 minutes

• Start your application by filling in the fields regarding the status of your company, the destination of the funds, the level of urgency, your annual turnover, the amount borrowed and the desired amortization period
• Fill in the company's SIREN and your role within it. In addition, you will be asked for the following information: surname, first name, email and telephone number
• You will then receive two codes (via email and SMS) that you will have to fill in in the fields indicatedIn addition, you will be asked to choose a password in order to create a user account After these steps, our algorithm will determine your eligibility in seconds/minutes and a projected timeline will be available

2- Analysis of financial data

• In order to continue your application, you will need to provide the latest balance sheet of your company
• Subsequently, it will be necessary to provide access to the transactions of the main account of the company via Budget Insight - Download your Kbis and signed statutes
• Finally, you will have to fill in the part concerning the beneficial owners of the company

3- Finalization of the application

After sending your complete file, you will need to verify your identity through the IDnow AutoIdent applicationOnce this step is over, you will just have to sign your contract

+ What is the refund process?

The monthly repayments provided for in the loan agreement schedule are made by Lemonway, our payment service provider, by means of direct debits directly from the company's bank account.

+ How much does an early repayment cost ?

Zero! Any early repayment is free of charge. At what rate can I borrow? RiverBank charges a 3% application fee, then 1.25% monthly interest.

+ How does Budget Insight work?

Budget Insight is a bank account aggregation service made available to banks and their users through a dedicated interface (API), offering a maximum level of security. As this subsidiary is an integral part of the Crédit Mutuel - Arkéa Group, it is approved by the ACPR (Autorité de Contrôle Prudentiel et de Résolution backed by the Banque de France). It is protected and governed by the Payment Services Directive 2 (PSD2).