Business loans. SME crediting

To open a new business requires financial investments. Many entrepreneurs turn to banks for this. They offer various programs to establish their own business. The procedure for registration is quite long, and for it you need to collect a lot of papers. Loans to small and medium-sized businesses will be the best choice if there is no financial investment.

Conditions for obtaining

The registration of loans in many organizations is similar. Crediting of small and medium businesses is provided on the following terms:

1. The firm must be legally registered so that it has all the documents.
2. The banks are required to provide a business plan for the enterprise. At the interview, you will have to talk about your vision of business development.
3. Specialists of credit institutions carry out their calculations for the stability of the company, so you need to provide the necessary information, reporting, forecasts.
4. Lending to small and medium-sized businesses is provided with the availability of property in the property.
5. Verification of the client's trustworthiness. If a loan is issued for an IP, the borrower is checked as an individual. Credit history should be positive.
6. The presence of guarantors and co-borrowers increases the chance for approval of the application for obtaining a loan.
7. Insurance in many banks is considered a compulsory service.

Only under such conditions there is a possibility of approval of the application. When making a positive decision, the standard procedure for registration begins.

Types of loan products

Lending to small and medium-sized businesses is divided into the following types:

• Target;
• Non-targeted.

Target loans are used for specific purposes, which are prescribed in the contract. For example, to purchase building materials. When payment is made to the counterparty, the expenses are confirmed with the help of documents. It can be copies of contracts, shipping documents.

Non-targeted loans are issued for any purpose. After they are received, a duty of stable payment of payments appears, and the client does not need to report the expenses. The rates for non-earmarked loans are usually higher than those for targeted loans.

Programs

Each lending program for small and medium-sized businesses has its own design features. They can be consulted at the bank branch or with the help of a consultant. Now the programs of the following banks are offered:

• Sberbank. The product has the name "Business Start". There is the possibility of obtaining loans without collateral, but guarantors and a down payment are needed. The rate is 17-18%, and the amount is from 100 thousand rubles to 3 million. The crediting period is 6-36 months.
• Rosbank. Up to 40 million rubles are issued for a maximum of 5 years. The rate is 12-16.5%. You need to pay a one-time commission and provide the property of the firm as collateral.
• Transcapitalbank. The institution proposes to issue various programs for business: development, targeted lending, leasing, factoring. Rates start at 15%, and the amount is equal to 30 million rubles.
• "VTB 24". The bank offers a revolving loan, a business mortgage, the introduction of working capital. Rates range from 9%, and the amount from 850 thousand rubles. The crediting period is equal to 120 months.
• "Alfa Bank". Loans are issued up to 3 years. The maximum is 6 million rubles at 15%. The bank does not require the provision of collateral. For consideration of the application it is necessary to pay 2% from the cost of the loan.

Procedure of registration in the Savings Bank

First you need to contact the bank for loans to small and medium-sized businesses. A lot of people in our country turn to Sberbank. Then you need to register with the tax as an IP. It is important to familiarize yourself with franchising programs that are partners of Sberbank. You need to choose the right franchise.

According to its program, it is necessary to create a business plan: create a marketing plan, determine the location for the office and solve other issues. Then you need to collect documentation for the loan: passport, TIN, certificate of IP, business plan. An application is submitted with them. You should prepare funds (30% for the first payment). After a positive decision, a contract is drawn up. Sberbank usually approves applications if the client chooses a franchise partner.

The work of funds

Many entrepreneurs turn to the lending fund for small and medium-sized businesses. They act as guarantors for obtaining loans to open their own business. The businessman should apply for a loan to the bank, notifying him of the desire to support the state organization.

Then the bank considers the application, taking into account all the details. With a positive decision, a tripartite agreement is drawn up. Often a small percentage is taken to facilitate lending to small and medium-sized businesses. Many banks work under this scheme, but not all.

Recommendations for borrowers

When concluding a transaction, you should familiarize yourself with the contract, so that later there will be no disputes. It is necessary to immediately ask questions to a specialist. If the business is profitable, it is advisable to pay the loan ahead of schedule, since most of the interest is included in the first months of payments.

Borrowers should consider the following nuances:

1. Such loans are issued at a fairly high interest. Therefore, if there is an opportunity to do without them, it is better not to issue such money loans. But if this does not happen, you should carefully approach the procedure for issuing a loan.
2. In order for the bank's decision to be positive, it is necessary to create a unique business plan. понятно, нужны ли средства, и как будет распределяться прибыль. From it it will be immediately clear whether funds are needed, and how the profit will be distributed.
3. The business reputation of the owner of a business also plays an important role. Therefore, it is necessary to provide accounting documentation to increase the chances of obtaining a loan. All papers must be compiled correctly.
4. The bank must provide a business plan in which all the subtleties of the business organization will be prescribed. If it is promising, then usually the application is approved.

Lending to small and medium-sized businesses is a big risk for banks. If the company goes bankrupt, the financial institution may lose money. Therefore, it is usually required to provide documentation on the availability of property, as well as guarantors, co-borrowers. Only with full compliance with the requirements there is a possibility of approving a loan for business development.