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We have experience in the financing process of business projectsand we know the needs and expectations of interested parties, whether financial institutions, potential partners or official entities.
Teawe help prepare a success file, so that your business project is valued as it deserves.
At MITA ONG we have different agreements with institutions such as; AVAL MADRID, MICROBANK, Crédito ICO and other institutions that grant loans without interest or guarantees, as well asas capital institutions.
During the financing phases, we also carry out a study of your project to know what aid or subsidies you can qualify for.
Microcredits
Microcredits are credit granting programs for self-employment projects. Start, consolidation or expansion of micro-businesses and self-employed economic and business initiatives.
For MITA ONG, a microcredit is not just a loan, but the key to boosting a business. Experience has shown us that when a person has a business idea, thanks to microcredit, they transform it into an opportunity, the entrepreneur gains self-esteem, self-confidence, creativity, etc.
Common characteristics of Microcredit Programs in Spain:
Crowdfunding
What is it?
Collective financing is a very simple cooperation system that allows any entrepreneur with a business idea to raise a considerable sum of money from many people to support a certain initiative.
How does it work?
It is usually published on a Crowdfunding platform. The amount necessary to carry it out is established; some platforms have a deadline to raise said money. The project is disseminated on the platform and investors vote/grant the amount of money they wish. Once the total amount of money is raised, the entrepreneur has the obligation to carry out said project.
Advantages
Financing the start-up of ideas through crowdfunding has advantages that go beyond the money raised. In the case of entrepreneurs who want to launch their businesses, the opinion of the co-financiers can be essential, which is measured in their willingness to contribute to the implementation of the idea.
If 100% of the money is raised, it can be a very clear sign of acceptance of the product or service in the market. If the requested money is not raised, it may be a sign that the idea needs to be given another try.
MITA ONG is a partner of INVESTMENT PARTNERS
