Starting entrepreneurs
Start a company with Coop Pank!
You will need a solid business idea as well as plenty of energy, time and funds to start a company. Taking the first step also takes quite a bit of courage. Coop Pank will make day-to-day banking services as affordable as possible to help you test your business idea with minimal additional costs.
Experiment all you want, because business clients can enjoy unlimited free settlements with Coop Pank: The Corporate Plan includes free European payments and a debit card with no monthly fee. We also offer flexible financing solutions.
Every company, regardless of its size, has a personal Business Account Manager in our bank who is always just a phone call or e-mail away.
Coop Pank provides everything you need to start a business
Financing options for your business plan
Finding the funds needed to get your business plan off the ground can be one of the biggest obstacles for new companies. Getting a conventional business loan can be difficult for a starting entrepreneur, but there are other ways to finance your business.
We also strongly encourage you to check out the various grants and support offered by the state. We recommend contacting your nearest county-based development centre for feedback on your plans and to learn about possible grants.
If the owner of the company lacks the necessary financial resources to contribute to the share capital or to cover operating costs, they can also choose to take out a loan as a private person.
Start-up account
You can open a temporary bank account, known as a start-up account, into which you can transfer share capital contributions to start your company. You can quickly and conveniently open an e-start-up account in the e-Commercial Register for making financial contributions.
Once a start-up account has been opened, the next step is to make a share capital contribution. After the share capital has been paid into the e-start-up account, the bank automatically notifies the e-Commercial Register of the receipt of the share capital, and you can then pay the state fee in the e-Commercial Register and submit an application to register your company.
You cannot make withdrawals or transfers from your start-up account. Once your company is registered, open a current account for everyday banking transactions for your company on Coop Pank’s website or visit one of our branches.