Individual customers

Menu- biznes

  1. Home
  2. Business Partners
  3. Our offer
  4. Insurance for financial products
  5. Loan insurance for entrepreneurs

Loan insurance for entrepreneurs

installation_in_progress_low.jpeg

Protection of the entrepreneur in the event of unforeseen events that could prevent the repayment of the loan

Being an entrepreneur from the very beginning is inextricably linked to the constant bearing of financial risk. Insurance for a POSCASH loan is one of the irreplaceable ways to reduce it.

Loan Repayment Insurance

coffee_expert_low.jpeg

Insured risks

Waelthon POSCASH's loan repayment insurance covers the borrower in the event of death and closure of their business.

Benefits in the event of an insured event

In the event of the death of the insured person or in the event of the closure of their business activity, we undertake to pay the beneficiary 100% of the amount of the outstanding debt as at the date of the insured event.

mature_woman_gardener_low.jpeg

 

How does POSHCASH business loan insurance work?

The Wealthon POSCASH loan itself is a convenient and flexible form of financing, which is used by more and more entrepreneurs using payment terminals. The creditworthiness of the company is determined based on the daily turnover of the company at the terminal. The installment of the POSCASH loan is a predetermined percentage (5, 10, 15 or 20%) of the daily revenue. The repayment insurance of this loan is a guaranteed protection of financing to the customers of Wealthon S.A. in the event of fortuitous situations such as death and closure of business activity in accordance with the general terms and conditions of the insurance.

Detailed information on loan insurance for entrepreneurs can be found in the documents below.