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
A start-up account is a temporary bank account in which you can deposit the amount required to set up a public or private limited company before registering it. Once your company has been registered, you can open a settlement account on the Coop Pank website or by coming in to any branch.
From 1 October 2025, it will no longer be possible to open a start-up account via the business portal. However, you’ll still be able to open such an account at any branch of Coop Pank.
Opening a start-up account at a branch
When coming in to open a start-up account at a branch, make sure you bring:
- your company’s memorandum of association (if there’s more than one founder) or foundation resolution (if there’s one founder), notarially attested;
- your own ID as the company’s representative (i.e. your passport or ID card).