In times of crisis, even large companies choose to resort to loans to be able to pay bills and settle large debts! And you, did you know that you can apply for a loan for MEI?

Today, we'll show you how this loan works, what documents are needed, best loan options and other useful information! Check out!

So, the loan for MEI, unlike other types of loan, obliges the customer to prove that the money will be used for the benefit of the company.

In this regard, those who are registered as MEI have the right to ask for a reduction in interest rates, as well as other conditions exclusive to this modality.

Furthermore, if the type chosen is the secured loan, the rates will be even lower, which could be around 1% per month.

It is important to mention that you should compare the financial institutions that offer this type of loan on the market, as they vary according to terms, interest rates and other conditions.

Well, there are several lines of credit available for your company with very different proposals! Look:

So, the BNDES card is one of the lines of credit available in the market to assist in the activities of micro, small and medium-sized companies.

That's because, it has a maximum limit of 1 million reais to be borrowed, with reduced interest rates and installments in up to 48 fixed installments.

In this regard, the card can be used as long as it does not exceed the available limit and, to gain access, you just need to have a CNPJ, headquarters in Brazil and billing of up to 90 million!

In addition, the credit analysis carried out is carried out by the operating agents, and it is necessary to go to the chosen agent's branch to apply for the card!

Well, this is another credit line alternative for micro, small and medium-sized companies, being considered one of the best on the market.

This is because it is one of the most used to pay off company debts or personal debts, as well as for renovations and company working capital.

In this regard, this loan consists of placing a property as collateral when applying for the loan, with low interest rates and high loan amounts that can reach 60% of the total value of the property given as collateral!

And in addition, it has long terms that can reach up to 30 years! In this regard, in order to access the loan, it is necessary to transfer the property to the financial institution which will serve as a guarantee of payment in case of default!

So, microcredit lines are offered by financial institutions to encourage the activities of micro, medium and small companies.

In this regard, the amounts borrowed are inversely proportional to the size of the company, that is, larger companies will be entitled to smaller amounts.

Furthermore, in order to have access to credit, it is necessary to prove to the financial institution where the resources will be applied, the current situation of the enterprise and future projections, as well as, RG, CF, proof of address and MEI Certificate.

It is important to mention that the values offered range from R$ 300.00 to R$ 15,000.00, with a payment term between 2 and 4 months, which is considered quite tight!

Well, the legal entity overdraft or LIS works in a similar way to the traditional overdraft, but is focused on companies.

So, in order for the credit to be approved, institutions require an Income Tax Declaration or Proof of Income Perception Declaration (DECORE).

It is important to mention that the overdraft is considered the line of credit with the highest interest rates on the market between 10% and 16%, and should be considered the last resort!

Well, the working capital loan works as a short-term modality of about 15 days, with the exemption of interest rates.

This is because the main objective of this loan is to advance amounts that the company already has to receive in sales.

So, after the end of this fee-free period, the working capital loan has fees that are around 1.5% to 2.5% per month, but the amounts for withdrawal remain low!

Important to say that, you can increase the values according to the business billing and the income tax return!

So, the documents needed to make a MEI loan will vary according to the financial institution, but some are mandatory in the vast majority, such as: Personal documents (CPF, RG and proof of residence).

And in addition, you also need to prove CNPJ and the company's existence certificate, as well as bank account details, proof of address of the commercial establishment and in certain cases, criminal record.

So, see the loan options for MEI! Check out:

So, Caixa Econômica Federal has a great loan option for MEI.

In this regard, you have an ideal loan to help you invest in your business, as long as you have revenues of up to R$ 360,000.00 per year.

And in addition, the amounts vary according to credit analysis and payment capacity, but can reach up to R$21,000.00.

Furthermore, it has payment terms of up to 24 months and interest rates of 3,49% per month.

Well, Banco do Brasil also has a loan for MEI that can be requested by cell phone, called Microcrédito Productivo Oriented (MPO).

In this, the values can also vary between R$ 1 thousand and R$ 21 thousand and the installments between 5 and 18 times!

Furthermore, in the first order, the entrepreneur must appear at one of the branches of Banco do Brasil.

On the other hand, if you have already requested it before, you can get it through the bank's own application or another service channel.

Therefore, Itaú Microcrédito is available in the regions of Campina Grande, Fortaleza, Teresina, Montes Claros, Greater São Paulo and Greater Rio de Janeiro and you do not need to have an Itaú bank account.

That's because, you just need to be over 18 years old, have at least six months in the activity and have a gross income or business revenue of up to R$360,000.00 per year.

And on top of that, you have low interest rates of around 3,79% per month and a 15-month term to pay off the loan!

Well, Santander bank has a great proposal for entrepreneurs, offering credit of up to R$21 thousand with the intermediation of the finance company Prospera.

Furthermore, by contracting a loan with Santander, the entrepreneur is able to transform his business, as around 70% of income passes through the community.

And, to have access to the loan, it is necessary to enter the Santander website, open a CNPJ account and, through this account, obtain several advantages such as the MEI loan!

So, Banco Bradesco also has a microcredit offered to micro, small and medium-sized companies.

In it, you can borrow up to R$21 thousand with reduced interest rates. Furthermore, to have access to Bradesco's Oriented Productive Microcredit, Mei must submit a proposal and wait for the response.

So, you don't need to have a Bradesco bank account, but if approved, you'll need to open a MEI Bradesco account that will be opened with the company's CNPJ!

Well, Finmatch offers microcredit to MEI's that work with aesthetic and beauty services.

And in addition, loans can be between R$ 500 and R$ 25 thousand, with a payment term of up to 36 installments, with interest rates that vary according to the amounts and installments!

Therefore, KeyCash is an ideal credit modality for micro, small and medium-sized companies.

That's because, it works as a credit with a real estate guarantee in which up to 60% of the value of your property paid off can become credit for you!

And in addition, the credit can be up to R$1,500,000.00 with interest rates of 0.82% per month and a 240x payment term!

Well, Biz is a quick loan modality for micro, small and medium-sized companies without any bureaucracy!

And, to gain access, you need to have a company with revenues above R$10,000 per month and CNPJ for more than 1 year!

And besides, you get credit of up to R$40,000.00 with interest rates of around 1,99% per month, being able to pay everything in up to 36 installments!

So, Finx Capital is one of the most interesting loans for MEI.

Well, through it you can refinance your vehicle and use the amounts to invest in your company.

That's because, Finx allows the refinancing of cars and trucks.

And in addition, the loan can reach up to R$250,000.00, with rates of 0.8% per month and installments that reach 60 installments!

Well, the Lendico loan is also on the list of the best loans for MEI on the market.

That's because you apply for a personal loan safely, without any bureaucracy and with low rates to apply for your business!

And in addition, fees start at 1,98% per month, which can be paid in up to 36 installments! And the credit amount can reach up to R$50,000.00!

So, the Bom pra Crédito loan is among the best for micro, small and medium-sized companies.

That's because, it has reduced interest rates of around 1.5% per month and extended payment terms, which can reach up to 36 installments!

And in addition, the amount for credit can reach up to R$50,000.00, ideal for those who need high loan amounts at low rates!