Month: December 2019

A bank loan is a contract between you and a bank, where you get a loan now and promise to pay the bank in the future, plus interest. The number of installments and interest are combined when you sign the contract. The amount you borrow (as opposed to financing) need not have a specific destination: you can spend whatever you want. You pay in installments This is what makes the loan an...

In recent years, traditional banking has lost part of its monopolization. According to countless experts in finance, financial companies specializing in technology, Fintech, could gradually displace the traditional methods of banks, as stated by Paolo Estebes, director of Fintech Spain. If you are in search of financing for your company and you were planning to borrow from the bank, we invite you...