Recovery specialist explains the importance of this type of credit for small businesses and guides on how to hire it
Summary
Experts highlight microcredit as an accessible alternative for Meis, with advantages such as reduced commissions, easy access, payment flexibility, technical monitoring and financial inclusion, despite the limited credit limits.
Of the 11.5 million individual micro -entrepreneurs (MEI) with active records in Brazil, over 90% are active, according to a survey conducted by Sebrae and released in October 2024. The number represents a significant increase, since by 2023 this contingent was 77%. The data illustrate the growth of micro -enthusiasm and their importance for the national economy, as well as the relevance of this category to obtain revenue and family consumption.
This reality strengthens the need for financial policies and instruments that facilitate the expansion of these activities. For many entrepreneurous micro -centers, obtaining credit is a challenge, since traditional banks often require solid guarantees and financial history, criteria that are not always satisfied by small businesses.
“There are alternatives to support the small business in this context, such as specific financing programs for Meis, subsidized credit lines and financial cooperatives, which offer more convenient conditions,” says Helena Passos, Heach Head and planning. “Microcredit, in particular, has distinguished itself as a practicable solution for those who need an initial contribution to ensure that companies grow and the entrepreneur access the credit more easily, with softer rates”, adds the manager.
Take a look at the advantages of accessing this credit mode.
Reduced interest rates
One of the greatest advantages of microcredit is the reduced interest rate compared to traditional loans. While a conventional personal or commercial loan may have commissions over 10% per month, Microcredit offers up to 4% per month, according to the national program for the oriented production microcredit (PNmpo). This difference can make a big difference in the final cost of the loan, making it more accessible to micro -hceneurs.
Ease of access
Microcredit was created precisely to serve an audience that finds difficult to access traditional credit, which makes it more accessible. The loan requirements are much more flexible, allowing entrepreneurs with little or no banking history to obtain the necessary resource. Unlike conventional loans, which require real guarantees (such as properties or vehicles) or proof of a good credit history, microcredit requires simpler documentation and, in many situations, not even a guarantor.
Payment flexibility
Another positive point of microcredit is flexibility in terms of payment, which can vary between 6 and 36 months, depending on the value and the financial institution. This factor is important in that it allows the entrepreneur microentre to choose a deadline based on their payment capacity and the revenue cycle of your business. Flexibility allows the entrepreneur to organize their cash flow more efficiently, adapting the payment of the credit to the rhythm of corporate growth.
Follow Technical -Up
In addition to the loan, many institutions that offer Microcredit also provide a technical guide to the entrepreneur. This support is essential to ensure that credit is used as possible, maximizing the benefits for the company. The technical follow -up can include advice on how to improve financial management, suggestions on how to apply credit efficiently and even marketing and sale strategies. Some microcredit programs offer a training aimed at improving the business model and even the development of management skills.
Financial inclusion
Access to Microcredit can improve the entrepreneur’s credit score, opening the doors for higher and better funding. In addition, the microcredit was particularly advantageous for specific groups, such as entrepreneurs and small businesses in the peripheral regions, which face even more obstacles to access to financial resources. By stimulating corporate formalization, microcredit contributes to the strengthening of the economy, generation of jobs and the increase in local productivity.
Challenges and limitations
Despite the advantages, Microcredit has some limitations that can make it difficult for use for certain micro -entrepreneurs profiles. One of the main challenges is the reduced credit limit. The R $ 21,000 ceiling may not be sufficient for companies that require larger investments in equipment or expansions. In addition, the resources obtained should be used exclusively for the company, since use for personal expenses are prohibited, which limits the entrepreneur’s flexibility in the management of values.
How to take
Several financial institutions offer this type of credit. Public banks such as Banco DO Brasil and Caixa Econôemica Federal are an example and operate through the national program for the oriented productive microcredit (PNmpo). In addition, regional credit unions offer personalized conditions for micro -enthusiasm. Other alternatives include Community banks, such as Banco Palmas and Microentrepreneur Credit Companies (SCMS), such as the Bank of San Paolo. It is also valid to consult state programs and NGOs aimed at local businesses.
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Source: Terra
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