Currently, finmid loans are only available to registered businesses and freelancers operating in Germany, Spain, France and Italy. Applications can be submitted only by a legal representative of the business. The following criteria apply.
Registration status:
The legal entity or freelancer must be registered.
Registered legal entity or freelancer in business for over a year (from the date of registration).
Entities holding a founder account are not eligible to apply for a loan.
Business type:
Legal entities
Registered Freelancers
Operations:
Have an active account on Vivid for at least three months with a documented transaction history.
Have no associated insolvencies for at least 18 months.