If you want to start for yourself, you will soon notice that the costs precede the benefits. In other words: before you can make a return with your own (internet) company, you will have to invest. Not only in time and energy, but generally also in money. How much money you need depends of course on various factors, such as your own starting capital and the nature of the company you desire. If you are going to work as a copywriter or bookkeeper, then you usually need a properly functioning computer, an internet connection and a place where you can work undisturbed in the first period. This is of course very different when setting up your own store. To begin with, you must have retail space (unless you are setting up an online store) and secondly, you can only sell goods that you purchased first.
Not everyone is blessed with a decent starting capital in the bank. If you want to start your own business, you will in many cases have to rely on a loan. Unfortunately, as a budding self-employed person, it is often very difficult to get a regular loan from the bank. The BBMKB can then offer a solution.
BBMKB, what can I do with it?
The abbreviation BBMKB stands for Decree on Guarantee for SME Credit and is intended for self-employed persons with a liberal profession and for companies with a maximum of 250 employees. The government guarantees part of the loan, so that the lending bank has the certainty that (a large part of) the loan will be repaid in any case. The maximum amounts that you can borrow on the basis of the BBMKB are not exactly small: a starting entrepreneur can receive a maximum of $ 266,667 in his or her account. Please note: this amount must be repaid within 6 years, so don't count yourself too rich!
One exception: if the loan is intended for a building or a ship, the maximum term of the loan is 12 years. The government guarantees 67.5%. Of course, the government does this for good reason: the BBMKB is only intended for companies with good and healthy future prospects. You are therefore free to sell homemade beads through a web shop, but probably not with a loan from the BBMKB.
Alternatives to the BBMKB
If you are not eligible for a scheme through the BBMKB and you would still like to start your own business, there are fortunately enough alternatives, even if the bank does not want to provide you with a loan! A loan through the UWV, for example, is a possible option.