Do you have a burning desire to build your business? Do you plan to strike out on a new professional experience? Do you want to give a new impulse to your business activity with a new project? Congratulations, but how will you finance your project if your funds are not enough to carry it out? Fortunately, Luxembourg is the perfect place to start and develop your entrepreneurial ventures. There are many ways to find potential financing solutions for your business. Here are the main ones.
Take out a loan from a bank
The bank remains the privileged interlocutor when you need funds to start your business, but it is obliged to ask for guarantees such as surety or mortgage. By providing sufficient guarantees, you should be able to access several types of financing suited to your business needs. If you do not have enough collateral to satisfy your bank, you can apply for assistance from the guarantee institutions of the two professional chambers. The
Recorrido por la moda medieval
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Feria artesanal en Bolivia concluyó cita anual pese a Covid-19
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Amplían feria de Alasita en La Paz hasta el 9 de mayo
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Luxembourg’s construction sector is being threatened by rapidly rising material prices and serious supply shortages, a trade group has warned.
The Federation of Craftsmen (Fédération des Artisans) said on Tuesday that costs and delivery delays have become “increasingly urgent” since the end of last year.
Several construction projects have been delayed because materials have been out of stock, which creates additional delays while other artisans wait for their subsequent step in the building process.
The group did not mention any specific construction projects in its statement, nor did it give examples of rising prices, which it described as “explosive”.