SME loan

• Online from start to finish: You handle the application, documents and contracts in your account, without a bank appointment.
• Interest based on your creditworthiness: The interest rate depends on your company's rating. Good figures pay off.
• Clear costs: The application itself is free of charge. Individual review steps may incur additional costs; we inform you in advance, and you confirm them. There are no ongoing fees such as account maintenance or quarterly commissions, at most fees for individual services. All fees are listed in the fee schedule.
• Plan your liquidity: You choose between an instalment loan with fixed monthly instalments and a short-term loan that you repay at the end of the term. You can also use the loan to replace more expensive financing.
• Support until repayment: We review the application, publish the loan project, handle the funding and manage the repayment. If you have questions, our support team is there to help.
• Experience: Cashare is the first crowdlending platform in Switzerland.

SME instalment loan: You pay the same instalment every month, made up of interest and repayment. The outstanding amount falls with each instalment until the loan is repaid. The term is 1 to 60 months. Suitable if your company has regular income and wants to spread the repayment evenly. How the instalment is made up is explained in What is an instalment loan?

SME short-term loan (bullet loan): During the term, you only pay the interest, monthly by default. You repay the entire loan amount in one sum at the end of the term. The term is 1 to 12 months; how long it can be depends on the security. Suitable if your company expects a larger incoming payment at a specific point in time.

Apply for the loan here: SME instalment loan or SME short-term loan.

No. For SME loans, we do not offer insurance in the event of death or incapacity for work of the management. Cashare's payment protection insurance is only available for personal loans.

• Registered office and commercial register: The company has its registered office in Switzerland or Liechtenstein and is entered in the commercial register. Companies with a registered office abroad cannot apply for a loan.
• Time in business: The company has existed for at least 2 years. Younger companies can get a loan if they provide security, for example a mortgage lien.
• Revenue: at least CHF 100,000 per year.
• Financial situation: regular income and a positive cash flow with which the company can repay the loan. We assess this on the basis of the annual financial statements.

You can apply for between CHF 10,000 and CHF 1,000,000. Without security, a loan of up to CHF 100,000 is possible; higher amounts require security, for example a joint and several guarantee or a mortgage lien.

SME loans are not subject to the Consumer Credit Act (CCA). Not sure whether your company meets the requirements? Submit a free, non-binding application and we will be happy to review it.

1. Fill in the application: In the application for an SME instalment loan or an SME short-term loan, choose the amount and term. You do not need to register separately.
2. Submit: When you submit the application, your account is opened. Confirm your email address using the link we send you.
3. Documents: We check the minimum requirements and tell you which details and documents we need, for example annual financial statements and details of what the loan is for. You upload them in your account.
4. Review and offer: We review your company's financial situation and ability to repay, set the rating and send you an offer.
5. Identification: The company and all authorised signatories verify their identity before we publish the loan project.
6. Funding: If you accept the offer, we publish your loan project. Investors fund it.
7. Contracts and payout: After the funding, you receive the contracts. We pay out the loan after 10 days, provided we have received all the documents.

You can see the status of your application in your account at any time.

About the company

• Annual financial statements: at least the last 2 completed financial years, plus interim financial statements for the current year, if available.
• VAT returns, if your company is subject to VAT.
• Bank statements, if we need to take a closer look at the cash flow.
• Debt collection register extract for the company.
• ID of all authorised signatories: a valid passport or identity card, a driving permit is not accepted.
• Form K, see Why is Form K needed?

For a guarantee

• ID of the guarantor.
• Current tax return and tax bill; depending on the situation, also payslips or other evidence of income and assets.

For a mortgage lien

• Land register extract and building insurance policy.
• Plans with details of the cubic volume, a site plan and current photos.
• Valuation of the property, if available.
• For investment properties, the rent roll.

Depending on the situation, we may ask for further documents. You can upload everything in your account under "Documents".

No. Only your username appears on the platform. If you want to stay anonymous, choose a name that does not reveal your company. You can change it later under "User data".

If you deliberately do not want to be anonymous, you can use your company name as your username. This can build trust with investors.

So that investors can make a decision, we show them the rating and details of the loan project and the financial situation, without name or address. For legal reasons, your company's name appears in the assignment agreement that investors receive after the funding.

Yes. As long as the funding is not complete, you can withdraw the application at any time. To do so, write to the support team or use the mailbox in your account.

Once the contracts have been created, you can withdraw from the contract free of charge within 10 days from receipt of the signed contract. After that, and at the latest after the payout, withdrawal is no longer possible. However, you can repay the loan early, see Can I repay the loan early?

The Anti-Money Laundering Act requires us to know who we are entering into the contract with and who may act on behalf of the company. That is why the company and every authorised signatory verify their identity before we publish the loan project.

The company

1. Proof of the company: a transfer from a bank account in the company's name, or a certified commercial register extract.
2. Proof of address: a recent bill in the company's name at its address, for example for electricity, telephone or internet.

Every authorised signatory

1. Online identification: You receive an invitation and take a photo of your ID and of yourself. This takes a few minutes.
2. Personal confirmation: a transfer from your own account or a certified copy of your ID.
3. Proof of address: a recent bill in your name at your address.

Transfer: Transfer CHF 5 by e-banking to Cashare AG, PostFinance, IBAN CH06 0900 0000 6076 2123 0. For the company, from the company account; for individuals, from their own account. Please do not use a reference number; a payment at the counter is not sufficient.

Certified documents: You can get a certified copy of your ID, for example, with Swiss Post's "Yellow Identification", at your municipality or from a notary. Send originals to the address in the imprint.

If guarantors or mortgage lien providers put up security, they also verify their identity.

Form K records who controls the company, that is, the controlling persons. This is required by the Anti-Money Laundering Act. You fill it in once and send it to Cashare together with the loan contracts. If the ownership or control structure changes, a new form is needed.

The interest rate depends on your company's creditworthiness. After we have reviewed your application, your company receives a rating from A to C, which determines the interest rate. The better the rating, the lower the rate.

For SME loans, the interest rate is between 5.9% and 14.9% per year. Your offer shows the binding interest rate before you decide. The platform fee is added on top, see the fee schedule.

For the rating, we mainly consider:

• Financial ratios from the annual financial statements, for example earning power, debt and liquidity. The most recent year counts more.
• Qualitative assessment: business model, industry and management.
• Security: A guarantee or a mortgage lien can reduce the risk.
• Entries with credit agencies and in the debt collection register.

To get an offer, submit a loan application.

A partially funded loan project is also paid out: the contracts are created for the funded amount as usual.

For the rest, you can start a follow-up loan project free of charge within 30 days. The term and interest rate stay the same. We publish it immediately, during office hours.

If you do not want the partial amount, you can withdraw from the contract free of charge within 10 days from receipt of the signed contract.

As soon as your loan project is funded, you receive the contracts. From receipt of the signed contract, you have 10 days to withdraw from the contract. Once this period has expired, we pay out the loan, provided we have received everything:

• the signed original contracts,
• Form K,
• the identification of the company and of all authorised signatories,
• the other documents requested,
• for a guarantee, the notarised guarantee agreement; for a mortgage lien, proof of the security.

If anything is missing, the payout is postponed until the documents are complete.

After the payout, you will find the QR-bills for all payments in your account under "Invoices". Please always pay with the QR-bill so that we can allocate the payment correctly.

• Instalment loan: Every month, you pay an instalment made up of interest and repayment.
• Short-term loan: During the term, you only pay the interest, monthly by default; quarterly payments or paying all the interest when it falls due are also possible. At the end of the term, you repay the loan amount.

The amount of your payments is stated in the loan contract and on every invoice. The easiest way is to set up a standing order or have the amounts collected by direct debit, see How do I set up direct debit?

You can download the payment slip with a newly generated QR code from your account at any time. Then pay the instalment or interest payment with this payment slip.

For instalments and interest payments, we send reminders in fixed steps:

1. Payment reminder 5 days after the due date, free of charge.
2. 1st reminder notice 10 days after the due date.
3. 2nd reminder notice 20 days after the due date.
4. Final reminder notice with notice of debt collection proceedings 30 days after the due date, with a payment deadline of 10 days.

Repayment of the short-term loan: If the payment at the end of the term is not made, the final reminder notice with notice of debt collection proceedings follows as early as 5 days after the due date, with a payment deadline of 10 days.

From the 1st reminder notice onwards, reminder fees are charged, see How much are the reminder fees? In addition, late-payment interest applies to the outstanding payments, see How high is the late-payment interest? If payment is still not made after the final reminder notice, the entire loan may become due for repayment and we will initiate debt collection proceedings. For companies entered in the commercial register, this can lead to bankruptcy. If there is security, Cashare can also call on the guarantee or the mortgage lien.

If your company is ever unable to make a payment, please contact the support team early. Together, we can often find a solution.

Yes, at any time. Here is how:

1. First pay all open invoices.
2. Ask the support team for a final invoice. You can do this at any time.
3. Pay the amount on the final invoice.

The final invoice always calculates the interest and the outstanding amount up to the next instalment date. A processing fee is charged for early repayment; you can find the amount in the fee schedule.

The application itself is free of charge, and you can use the platform for free.

A platform fee per year, with a minimum fee, only applies once your loan has been funded. It is deducted from the loan amount at payout. Different rates apply to instalment loans and short-term loans. There are no ongoing fees such as account maintenance or quarterly commissions.

Additional costs may arise, for example for further review steps, a property valuation, a guarantee agreement, the review of a global assignment, the extension of a short-term loan or early repayment. We show you review costs in advance and ask for your agreement before they are incurred.

You can find all amounts in the fee schedule.

The rate is stated in your loan contract. It applies to the outstanding payments from the date of default. If the entire loan is called for repayment, it applies to the entire outstanding amount.

The payment reminder is free of charge. From the 1st reminder notice onwards, a fee is charged for each reminder stage, and the fees add up. Separate amounts apply to SME loans, and also to reminder notices for the repayment of a short-term loan. You can find them in the fee schedule under "Reminder fees".

If the debt goes to collection, late payment interest, processing fees and collection and debt enforcement costs are added.