How to Escape Bureaucracy When Getting Credit

For any business looking to expand, getting credit is essential.

There is no faster way to get resources.

However, while lending is the most immediate outlet for money, there are still many bureaucratic hurdles to overcome.

In any case, even if some mandatory steps are required and interest is charged (after all, whoever owns the money needs to be remunerated in some way), there are ways to raise money without complications.

And that’s what we’ll talk about in this post! Check out:

Before you can get credit, you need to plan


Choosing the right time to raise credit is the main guarantee for speeding up the borrowing process. With planning, it is even possible to anticipate the already known bureaucracy, avoiding orders at the touch of cash.

Well, if proper timing is a fundamental requirement, it is up to the company’s financial industry to support decision-making without a hitch. After all, nothing is worse for a company’s health than raising a loan unnecessarily – or worse, unable to honor the payment.

Even to cover any budget holes, it is highly recommended that careful planning be done. In this regard, it is best to resort to external credit in situations where there is no urgency.

When a company projects an expansion in its activities, for example, a leverage loan is indicated. Thus, with planning, it is perfectly possible to pay the installments, including the interest. And the very profit generated by the capital injection allows the repayment of the loan without scares.

Keeping your business name clean is critical

Keeping your business name clean is critical

Although planning is a very important step, it is still possible that credit is urgently requested.

Unexpected expenses such as accidents, claims or even damage caused by poor performance may force the company to borrow so as not to compromise its working capital. And in a tight moment, nothing is worse than not having a clean name in the square.

Lack of credit is arguably a chronic evil in Brazil. In January, Sebrae reported the number of negative CNPJs: 4.9 million Brazilian companies are registered with credit protection agencies, which corresponds to 60% of companies operating in the country.

Financial institutions maintain a common debtor register, so being constrained by the name is essential. Even if it is not to “put out the fire”, having access to credit is an essential condition for those planning to grow.

So back to the question of planning. Companies that control their finances are hardly negated for loans. In addition, its financial sectors operate strategically, doing more than checking payables and receivables.

In this regard, to help control finances and cash flow, relying on management software can be very helpful. Undoubtedly, the resource is indispensable for companies with daily cash movement and repaying loans.

Knowing the reputation of the financial institution is important



The offer of credit is usually guided by several procedures. Bureaucracy, although undesirable, when not exaggerated serves as a guarantee for both parties.

Lenders lend money more easily, and borrowers are sure they have borrowed money from those who trade at rates within the bounds of the market.

The Central Bank of Brazil itself recommends verifying that the financial institution is authorized to operate, whether it is a Bank or a Financier, or as a Bank Correspondent.