FAQ for corporate clients Products and Solutions
What do I need to consider when starting a new company?
In the preliminary phase of setting up a company you should write a business plan, determine the appropriate legal form, decide on a company name and domicile, clarify the capital requirements, determine the management, and reserve an internet domain.
Starting the company
Following the preliminary phase, you can start your company via our partner Startups.ch. Please also refer to the information on our Capital payment account.
Once the company has been set up, you should have a logo, corporate identity and design created, organize an accountant/trustee or accounting software, complete AHV notification and VAT registration, take out insurance, determine the operational organization, define banking services and open a Business Easy package, set up internet/phone service, have the website structured and designed, and implement measures for the marketing strategy.
Further information and tools for starting a company can be found at the following links:
If required, Credit Suisse will be happy to offer a personal consultation, and you can also attend the following course: "Founding a company" (dates and registration via Startups.ch).
What package solutions does Credit Suisse offer its corporate clients and what do they contain?
Our Startup Easy and Business Easy package solutions are simple banking solutions designed specifically for small and medium-sized enterprises. Startup Easy is suitable for newly established companies up to three years old. The Business Easy package is the ideal solution for existing companies. The packages contain the most important products and services (including Corporate accounts, Online and Mobile Banking, and Maestro cards and credit cards) for a company's day-to-day financial needs. As the bank for entrepreneurs, we will guide you through all corporate life stages, from incorporation and expansion to succession. Flexible and tailored to your needs, the Business Easy package can easily be supplemented with additional Business Easy options (see the sub-topic “Project Financing”).
Further information is available at:
Startup Easy: https://www.credit-suisse.com/media/assets/microsite/docs/business-easy/startup-easy-paket-en.pdf
Business Easy: https://www.credit-suisse.com/media/assets/microsite/docs/business-easy/startup-easy-broschuere-en.pdf
Information regarding prices and conditions can be found here: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/konditionen-en.pdf
What solutions does Credit Suisse offer its corporate clients in relation to financing?
At Credit Suisse, a comprehensive range of financing instruments is available to enable you to obtain the liquid assets that you need to realize your business plans.
The following solutions are available to your company:
Loans: operating loans, investment loans (fixed advance), and lombard loans. The last three years’ annual financial statements (including notes and appropriation of net income) are required for assessment. Further information is available at the following link: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/finanzierung/kredite.html
Leasing: equipment leasing, car leasing, vendor leasing, and online leasing. For more information, please go to the following link: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/finanzierung/leasing.html
Business Easy Overdraft limit: The Business Easy Overdraft limit gives you greater flexibility for payment orders. If needed, you can overdraw your Business Easy Corporate account by a maximum of CHF 10,000 in order to cover current receivables. Limits are possible at increments of CHF 3,000, CHF 5,000, and CHF 10,000. The limit is dependent on account turnover and assets in the business relationship. For more information, please go to the following link: https://www.credit-suisse.com/media/assets/microsite/docs/business-easy/business-easy-dispolimite-en.pdf
We also offer mid-market lending: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/aktuell/mid-market-lending.html
Mortgages: fixed-rate mortgage, Forward fix mortgage, Flex rollover/LIBOR mortgage, adjustable-rate mortgage, or a construction loan to finance your real estate. More information is available at: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/finanzierung/hypotheken.html
Your corporate client advisor will help you to find the best solution for your investment project. For a personal consultation with your corporate client advisor, you can register at the following link: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/finanzierung/finanzierungsanfrage-corporates.html
Which objects can I lease as a corporate client and how do I apply for leasing?
The following leasing solutions are available:
Equipment leasing: Equipment leasing is a cost-effective, liquidity-sparing method of external financing for mobile equipment. The equipment is financed by Credit Suisse. You pay only for usage. The term is usually between four and seven years. The bank retains ownership of the equipment. This means – in the majority of cases – that additional collateral is not required. In addition to individual leasing agreements, we also offer framework limits. This enables you to make your upcoming investments both quickly and easily over the subsequent 12 months.
Further information on equipment leasing is available at the following link: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/investitionsguterleasing-factsheet-en.pdf
Car leasing: Car leasing offers an interesting and attractive alternative to auto-financing or third-party financing to purchase vehicles. Your company car is fully financed with debt. You pay only for usage. The bank retains ownership of the vehicle. This means – in the majority of cases – that additional collateral is not required. For vehicles, we offer full amortization with residual value of 0.5% (that is, independent of annual mileage) or the classic partial amortization, for which a garage owner guarantees the residual value depending on term and the annual mileage.
For more information regarding car leasing, please go to this link: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/fahrzeugleasing-factsheet-en.pdf
Vendor leasing: Vendor leasing means you can offer your clients customized financing in the form of leasing or rental, in addition to your products. The promotional solution strengthens client retention and reduces accounts receivable at the same time. Traditional vendor leasing focuses on the needs of two parties: your needs as a supplier (seller) and the needs of your customer (buyer).
Further information can be found at the following link: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/vendor-leasing-en.pdf
Online leasing: Online leasing is the new digital channel offering fast and efficient access to Credit Suisse equipment and car leasing. The new leasing dashboard gives you a real-time overview of your leasing portfolio as well as access to detailed information about the individual leasing contracts. Online leasing offers fast credit decisions. You can request non-binding offers at any time and receive support from your leasing specialists. Contracts are sent to you directly via Online Banking in the form of e-documents. The new e-signature function allows you to digitally sign leasing contracts. Additional information can be found here: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/online-leasing-factsheet-en.pdf
For leasing advice and a quote, please register at the following link: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/finanzierung/leasing/kontakt-leasing.html
More information regarding leasing can also be found at the following link: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/finanzierung/leasing.html
How does the Business Easy Overdraft limit work?
The Business Easy Overdraft limit gives you greater flexibility for payment orders. If needed, you can overdraw your Business Easy Corporate account by a maximum of CHF 10,000 in order to cover current receivables. This allows you to easily bridge liquidity bottlenecks and increase your flexibility.
The available increments are: CHF 3,000, CHF 5,000, and CHF 10,000.
The limit is automatically calculated on a monthly basis and is dependent on account turnover and assets in the business relationship. You will be informed of the limit for the next month on the extract of account for the Corporate account.
Additional information on the Business Easy Overdraft limit is available at: https://www.credit-suisse.com/media/assets/microsite/docs/business-easy/business-easy-dispolimite-en.pdf
What basic solutions does Credit Suisse offer on the topic of internationalization?
Our products are perfectly tailored toward successful international businesses. However, not only do we offer you the right products, we also offer access to our strong international network and extensive know-how, so you can gain a secure and sustainable foothold in international markets. We will gladly support and assist you throughout the internationalization process. Our solutions to grow your company internationally include:
Foreign exchange transactions: spot transactions, hedging currency risk, and dual currency deposits. More information is available at: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/internationale-geschaefte/devisen.html
Trade finance: letters of credit, documentary collections, and guarantees and surety bonds. More information is available at: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/internationale-geschaefte/trade-finance.html
Export finance: More information is available at: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/internationale-geschaefte/exportfinanzierung.html
What trade finance products does Credit Suisse offer and how do they work?
Trade finance offers a range of instruments to help you ensure that payments are made and services performed. Credit Suisse offers the following trade finance products:
Guarantees and surety bonds: With a guarantee/surety bond, the bank acts as guarantor for an obligation owed by the debtor. What these two instruments have in common is the bank’s promise to guarantee the payment of a debt or the performance of a service should the debtor fail to fulfill the contractual obligations. With this promise, the bank undertakes to pay a maximum specified amount when the conditions of the guarantee/surety bond are met. Further information about guarantees and surety bonds is available here: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/garantien-und-burgschaften-en.pdf
Letters of credit: The letter of credit is a promise by a bank on behalf of the buyer (customer/importer) to pay the seller (beneficiary/exporter) a specified sum in the agreed currency, provided that the seller submits the required documents within a specified time period.
- Advantage for the seller: The security that the goods will be paid for
- Advantage for the buyer: The security that the payment will only be effected against delivery of the agreed documents.
Further information is available in the following fact sheet: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/akkreditive-en.pdf
Documentary collections: With documentary collections, the bank accepts the task of collecting payment on behalf of the seller by delivering the corresponding documents. Compared to delivery on open account, documentary collection offers greater security as it prevents the buyer from taking possession of the goods before either paying or accepting a bill of exchange. Documentary collections are particularly suitable in cases where the exporter is reluctant to supply the goods on an open account basis but does not need the degree of security provided by a letter of credit. Further information is available here: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/dokumentarinkassi-de.pdf
To obtain secure access to your trade finance data, register for Direct Trade Finance at the following link: https://entry3.credit-suisse.ch/cs/etf/c/cls/auth?language=en
Where can I find information about market data (equities, foreign exchange, indices, interest rates, commodities, etc.)?
For information on country-specific market data including equities, foreign exchange, indices, interest rates, and commodities, please go to the following link: https://marketdataresearch.credit-suisse.com/cs/mdr/p/d/qro/overview/market.do
You can also access information about currencies, markets, commodities, and news (latest, Switzerland, Europe, by topic, by country, by industry) in online banking under the Market Data tab.
What do I need to know about the succession process and where can I get advice about this?
The succession process entails various risks that need to be considered and evaluated in each individual case. We have identified eight such individual aspects for you:
- Approach your succession planning as a project, and define the participants, goals, roles, guidelines, and a timeline.
- At an early stage, clarify the expectations of the stakeholders and the power that they wield.
- Take steps to ensure that your company is ready for a succession process: Analyze its capital structure and define organizational rules in writing.
- Carefully analyze your precise requirements for advice, and, only after you have done so, select a partner who can definitely meet your needs.
- Always review several different succession options and consider the benefits and drawbacks of each one.
- Give consideration to all the legal aspects, such as the requirements stipulated by inheritance law.
- Create financial transparency to give yourself an objective basis for making decisions with your successor during the transfer phase.
- Take action early to plan your personal future outside of the company.
Further information is available at the following link: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/unternehmen-unternehmer/publikationen/dossier-nachfolge-en.pdf
You are welcome to use the following link to register for advice on company succession: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/nachfolgeregelung/kontaktformular-nachfolge.html
What solutions does Credit Suisse offer in the area of cash management and how can I seek advice on the topic?
You can improve your liquidity with these Credit Suisse solutions:
Online Banking solutions (Direct Business): https://www.credit-suisse.com/microsites/directbusiness/en.html
Business Easy Savings (Cash Invest account): https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/business-easy-sparen-en.pdf
Multibank solutions (Direct Link/Direct Exchange): https://www.credit-suisse.com/media/assets/microsite/docs/directbusiness/multibanking-en.pdf
Cash pooling/multibank cash concentration: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/cash-management/cash-pooling.html
For advice on these topics and to optimize your liquidity, please go to the following link to register for a consultation: https://www.credit-suisse.com/ch/en/unternehmen/unternehmen-unternehmer/kmugrossunternehmen/cash-management/kontaktformular-cashmanagement.html
If you manage your money yourself, the Balance Optimizer is another solution for optimizing your liquidity as it allows you to control your liquidity in an automated way. Additional information can be found in the following fact sheet: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/balance-optimizer-en.pdf
What solutions are available for rental deposits and how can I access them?
For information on the Rental deposit savings account, please go to the following link: https://www.credit-suisse.com/ch/en/privatkunden/konten-und-karten/konten/sparkonto-fuer-mietkautionen.html
You can apply for a Rental deposit savings account at the following link: https://www.credit-suisse.com/media/assets/private-banking/docs/ch/privatkunden/konten-und-karten/antrag-sparkonto-fur-mietkaution-en.pdf
Documents relating to your Rental deposit savings account can be ordered at the following link: https://www.credit-suisse.com/ch/en/privatkunden/konten-und-karten/konten/sparkonto-fuer-mietkautionen/mietkaution-dokumentbestellung.html