Loan products for start-up businesses. How to get a loan to start a small business from scratch. Collateral or guarantor

More and more people in our country decide to change their employment to their own, albeit small, business. There are many advantages to own business, the main of which is to move from the status of a "cog" in the system to the position of an independent owner of the mechanism for generating income, to ensure financial stability and independence, as well as constant growth both in terms of scale and in terms of profitability.

Naturally, this path is associated with certain difficulties, so not everyone decides to follow it. And the very first of them is the lack of initial investments in order to create and launch this mechanism. The question of how to get a loan to open a business is faced by every second novice entrepreneur, and the answer to it cannot be called inspiring. However, it exists, and in this article we will analyze where to start and what to do in order to get the required amount from the bank for your startup.

Why are businesses from scratch afraid to lend?

In Russia, the practice of lending to start-ups is small. If in Western European countries the share of such loans in the portfolio of banks is up to 30-35%, then in our country this figure barely reaches 1.5-2%. Why is this happening? Unfortunately, the situation at the moment is such that the development of your own business (especially at the initial stages) is associated with significant risks.

This is uncertainty, lack of credit history, as well as guarantees that everything will work out. Many young companies are closed, not even having time to declare themselves. Naturally, this forces start-up lenders to be cautious about issuing loans and only provide them after carefully checking all aspects of the potential borrower's future activities.

Startup loan: how to get it

It is not easy for a novice entrepreneur to get a loan to start a business, but it can still be done. Next, we will consider what options for receiving money currently exist for Russian startups.

Non-targeted consumer credit

The first option is bypass. If you intend to start with a small business that requires no more than 500 thousand rubles of initial investment, then this method can be very attractive. Its essence is that an employed borrower takes a loan from a bank for consumer purposes, providing the documents necessary for an individual.

The main confirmation of income in this case is the certificate 2-NDFL. At the same time, the borrower can dispose of the money received at his discretion, including sending the issued loan to open an IP.

The advantage here is that neither collateral nor guarantor is required (although not ignored). The disadvantages of this method are the limited amount that the bank is willing to provide. In many ways, it, as well as the interest rate, depends on the salary of an individual. As a rule, you can count on a loan of no more than 400-500 thousand rubles.

Loan with collateral and guarantor

The second option is extended. In order to get a slightly larger amount, say up to 1 million rubles, you can use a non-purpose loan with the provision of collateral and guarantors. So, if you have property (preferably real estate) that you are ready to pledge to the bank, then he will meet you halfway.

And if there is a person who owns real estate and is ready to act for you as a reliable guarantor, then even better. In this case, the risks of the bank are reduced, and with a great desire, he will provide you with a large amount (within certain limits), and he will offer a more interesting bet.

However, you should be well aware that in case of failure, you risk losing property, which will be valued upon pledging for a maximum of 80% of its real market value (whereas it can be sold with much more profit). Therefore, before getting a loan to open a business using this method, think a hundred times and take it only if you are absolutely sure of the success of your business.

Targeted loan for starting a business

The third option is honest, but difficult. Some banks in our country have nevertheless begun to practice business lending from scratch, although they do it with caution. However, getting into the lucky 1% who managed to receive targeted assistance from a credit institution is quite realistic.

Of course, if you approach the issue with all responsibility. First, you need to carefully study the niche in which you plan to develop your business, make sure that it is promising and has a great chance of success. Secondly, the bank needs to be convinced that the idea is thought out and it will work. There is only one way to do this - to draw up a detailed and, very importantly, up-to-date business plan for obtaining a loan.

Business plan is the key to your success

Such a plan should reflect all aspects of your future activities and provide answers to questions about where, how and why your business will operate. It is important to take into account the specifics of a particular region, to reflect market realities and ways of functioning in them. If writing a detailed and professional plan on your own is difficult for you, contact a specialist.

Do not spare money, time and effort on this, since the business plan is the starting point, the core of your business at the moment. It is he who will be assessed by the bank, deciding whether to issue a loan. Be sure to include a feasibility study of the loan in the plan, write down what and in what volumes the bank's money will go.

For example, for the purchase of equipment - one amount, for renting a room - another, for the initial purchase of raw materials or hiring personnel - a third. If a bank representative can clearly see what and in what quantities funds are needed, what return and when is expected, and also receives confirmation of the above calculations, then the chances of receiving money will increase markedly.

It is equally important to correctly present a written business plan. If everything in it is competent and very rosy, and you cannot answer some questions according to your own plan or explain what, how and why, then this will most likely lead to failure. The bank will refuse such an entrepreneur. Therefore, prepare very well before going to a credit institution. By the way, do not forget about the representative appearance.

Loan from Sberbank: business franchise

An alternative option is to take part in the "Business Start" program, which allows you to get a loan to start a business. Sberbank developed it specifically for entrepreneurs who want to start their own business, but do not have their own idea. The bank offers to use ready-made franchise templates and put them into practice.

You can choose an option that interests you and prove that you are able to implement it. To do this, it will be necessary to draw up a business plan for a specific program, while considering all organizational and financial issues. In addition, before applying, you should register as an individual entrepreneur and collect the necessary documents, including a TIN, a certificate of a private entrepreneur, and do not forget to take your business plan.

Under this program, the borrower is considered as a potential owner of a particular business, his professional qualities are evaluated, as well as his credit history, the availability of a down payment (30%) and collateral. You can get up to 3 million rubles in this way, and in addition - advice from experienced professionals and support at the stage of business implementation.

More Solutions for the Beginning Businessman

There are other options for how to get a loan to start a business. If you don’t want to use ready-made franchises, but for some reason you can’t get money from the bank, you can try a few more ways. For those who are ready to pay considerable interest at the initial stage, but are confident in their abilities and the success of the enterprise, we can advise you to contact the Center for Entrepreneurship Development in your city.

Perhaps luck will smile on you there. Such centers act as a kind of intermediaries - they borrow from the bank and lend to businessmen, earning on the difference in interest. Also, do not ignore private investors. However, it is better to go to them last, when all other options have not worked, as the percentages are too high.

Conclusion

If you did not know where to get a business loan and how to do it, now you see that you have alternatives. Consider each of the available options, develop a realistic and detailed business plan, make sure it works, evaluate all possible risks and try to find ways to reduce them, save "airbags" in case of failure and start looking for funding. You already know how to get a loan to start a business in different ways. It remains to make at least one of them work. Dare!

Often it is small businesses that need additional funding. In Russia, there are several options for obtaining a certain amount of funds without collateral as part of a loan. Almost every bank has programs for entrepreneurs. The latest tempting offer at present is a bank loan product from Binbank. The proposed 15 percent rate applies to the purchase and construction of buildings, the purchase and repair of equipment, and the financing of companies for various purposes (including paying rent or salaries to employees).

Where can I get a loan to start a small business from scratch?

Starting a business comes with a lot of expenses. And if, with the existence of your own business, certain assets can already be formed that can be pledged, then when you open them, they are not. In addition, in most banks, one of the requirements is at least six to nine months of existence of the company. But still, there are organizations that are ready to give money if they are given a good business plan, since it is he who can become a guarantee that the money will work and not be lost.

For example, a borrower can get a loan to open a small business in a bank such as the Central Bank. Here the amount is smaller - from 50 to 300 thousand rubles, but the conditions are softer - for example, the provision of a deposit is not mandatory. The application will be considered for about two weeks. The interest rate is 12%.

Small business loan from scratch without collateral and guarantees

Another interesting option for starting your own business with minimal initial investment is an offer from VTB24 and the Overdraft program. There are no requirements for collateral and security. In this reliable bank, the amount can be provided for one or two years. Terms at an interest rate of 13% or more. The loan amount is much larger than in the same Central Bank. Only the minimum loan will be 850,000 rubles. In practice, the amount of funds issued is much larger.

Small business loan from scratch - conditions in banks

If you study reliable offers, then the interest rate on them starts from 10%. Most reputable banks have a minimum interest rate of 13%. As a rule, it is possible to get a small business loan without collateral only if the latter has existed for six months or a year. The amount of credit you can get depends on the bank. In some, the limit is several tens of thousands, in others - several hundred million rubles. For example, in Sberbank you can get up to 10 million rubles.

A loan for a business from scratch at Sberbank - conditions for lending to small businesses from Sberbank

Sberbank has 9 different programs for small businesses at once. Consider the conditions for lending to Business Asset.

This is issued for the purpose of buying equipment - both new and old. Loan amount - from 150 thousand rubles. It can be obtained both for one month and for seven years. The financial condition of the borrower is the main factor affecting the final percentage. It is equal to 14.93% and higher.

A loan for starting a small business from scratch from Rosselkhozbank

The investment standard package is the most important lending option at Rosselkhozbank. The proposed amount reaches 60 million rubles. The term is up to 8 years. Deferral of repayment can be equal to even 18 months. For some clients, an individual repayment schedule is developed at Rosselkhozbank.

How to get a loan to open a business in a bank, what documents are needed?

Many entrepreneurs decide to expand their business. But in this case, there may be a lack of funds to achieve the goal. Banks offer to issue a business development loan for LLC. You just need to choose the most optimal program with suitable conditions and requirements.

If you need to get a loan for business development, it is advisable to familiarize yourself with the programs of several banks. Better yet, consult a professional consultant who will help you choose the best conditions. An equally important task is to familiarize yourself with the contract, which specifies the terms of the transaction.

Features of small business lending

A company registered as an LLC cannot issue a consumer loan compared to an individual entrepreneur. Therefore, they have little choice. But banks are constantly releasing new programs. The main requirement is the activity of the company. It must be carried out for at least 6 months, otherwise the application will be refused.

The organization provides an opportunity to use a credit line, which will increase with expenses. This is an unsecured loan. Even during the crisis period, banking institutions provide loans to the population. The bank usually does not lend to large enterprises without collateral and guarantors.

Types of loans for LLC

Usually lending is carried out with a smaller amount and a higher percentage. Then credit organizations will present the division of the amounts. The first can be issued without collateral, and the second must be secured. The loans themselves are divided into the following types:

• Overdraft. Transfer of the approved amount to the borrower's current account. You can pay the debt by depositing funds into the current account. Money is debited automatically. The goal is to support the turnover of the company. The money can be spent to eliminate shortages in the cash register, payment turnover. Funds can go to the budget. This loan option is considered the most profitable. Interests are fixed and differentiated. Repayment is automatic.
• Credit line. Used for business expansion. The credit line can be revolving and non-revolving. Typically, these loans are used to purchase new funds. Purchase of raw materials is possible. Financial institutions lend in non-cash form. Funds are spent in whole or in part. A non-targeted program is used, but a credit institution can control spending.
• Investment loan. To expand the enterprise or the need to purchase equipment, you can apply for such a loan. But the conditions for it are more stringent compared to other loans. It is necessary to collect a lot of documents, as well as create an investment plan that reflects ways to increase income.

A credit institution may require the first payment of 30-40%. The loan period is 15 years. If the company has been operating not so long ago, then there may be a refusal. Loans are not issued with a zero balance. Sometimes a deposit is required.

Conditions

A business development loan for an LLC is issued at Sberbank, VTB 24, Alfa-Bank and other financial institutions. Each program has its own terms and conditions. It is possible to issue loans secured, surety or without providing security.

Banks offer loans up to 5 million rubles at a rate of 14.5 to 17%. Often, businessmen are offered state programs and registration through large institutions of the Russian Federation.

Receipt

How to get a loan for business development? To do this, you need to go through several stages:

1. Contact a bank that has valid accounts.
2. Apply for a loan.
3. Collect documentation.
4. Upon approval, read the terms and conditions.
5. Sign documents and receive money.

If you contact a bank that does not have accounts, the institution may require you to transfer all or part of the funds.

Where to apply?

Loans for small and medium businesses are provided by different banks. The amounts and rates for each client may be different:

• Sberbank - up to 5 million rubles from 16%;
• Alfa-Bank - up to 6 million rubles at 17%;

• Raiffeisen Bank - up to 4.5 million rubles, and the rate is set individually;
• VTB 24 - up to 4 million rubles from 14.5%;
• "Bank of Moscow" up to 150 million rubles at an individual rate.

Sberbank

Sberbank offers business loans, where all entrepreneurs can apply. Programs are valid for representatives of small and medium-sized businesses, as well as for large corporate clients. The bank offers several programs secured, surety and without collateral.

The amount can reach up to 5 million rubles. The rate is 16-19.5% per year. Loans are provided for various purposes: reconstruction, purchase of fixed assets, expansion.

Government program

Not everyone knows that there are various business support programs for which you can apply for subsidies to develop your business. Support can be returnable or non-refundable. Not everyone can get this kind of funding. Socially-oriented, industrial, agricultural, business projects enjoy the advantage.

The number of jobs, the usefulness of products or services are taken into account. It is also important to evaluate the originality, profitability and payback period of the project. Working programs and conditions for participation in them are issued on the official websites of the city.

The application is free of charge, so every organization can try. If you prepare an appropriate business plan, then it is realistic to receive funds from the state. More preference is given to entrepreneurs who already have an established business with a steady income.

How to apply?

Loans for small and medium-sized businesses are issued within a few days. It depends on the conditions and requirements, for example, when obtaining a loan with collateral.

Obtaining a loan for an LLC is usually carried out with the provision of liquid collateral or the invitation of a guarantor. Otherwise, the loan will be denied.

From scratch

Loans are issued for business development from scratch, but it is quite difficult to arrange them. Banks impose strict requirements on borrowers:

• making a profit by the enterprise;
• company registration for at least 6 months-1 year.

Business start-ups are often automatically rejected for loans. The way out in this situation is to issue a consumer loan to an individual, providing property as collateral. Loans for business development from scratch are also issued with guarantors.

Without collateral

Getting a loan for an LLC without collateral is quite difficult. Borrowers should remember that some institutions, for example, Sberbank, VTB, provide such loans, but the rate will be quite high. The condition for the execution of such a transaction is the guarantee of the business owners.

Requirements

A business development loan for an LLC is provided subject to several requirements:

• staff - no more than 100 people;
• profit per year - up to 400 million rubles;
• the income of micro-organizations is 60 million rubles, and the staff - no more than 15;
• registration in the Russian Federation;
• business legality;
• age 23-65 years;
• positive credit history;
• good financial turnover.

Documentation

An application is required to obtain a business development loan for an LLC. The documents may differ depending on whether the person is a bank client or not. Regular borrowers must provide recent financial statements, collateral papers, and guarantors.

If the client does not use the services of the bank, then he must prepare constituent, registration documents. You will also need a card with sample signatures of persons who have the right to sign. We need their passports, TIN. The list of documents is sometimes extended.

Sum

A business development loan for an LLC is issued in the amount of 3-5 million rubles. But some institutions, for example, the Bank of Moscow, issue large sums. The condition is the solvency of the company and the fulfillment of obligations that are assumed when signing loan documents.

Rates

Interest on loans for all clients is determined for each client individually. The fee for using loans depends on several factors:

• solvency;
• funding period;
• loan currency;
• existence of a pledge or surety.

Base rates are now 14.5-17% per year. And according to preferential programs from the state, 10% is valid.

Timing

Under standard programs, loans are issued for up to 3 years. Sometimes there is a longer crediting time. Early repayment is also possible, but you need to immediately find out if there is an additional commission for this.

Redemption

The loan is repaid in equal or differentiated installments. Sometimes individual repayment scheme options are possible. The transfer is made from a current account to a credit account. In case of untimely payment by the bank, a delay is accrued, and the credit rating is also lowered.

Advantages and disadvantages

A business loan has its advantages:

• withdrawal from circulation of funds is not required;
• it is possible to obtain a loan without collateral;
• You can become a member of the state program by issuing a preferential loan.

But it should be borne in mind that banks in the field of lending work only with proven businessmen. Borrowers must confirm solvency, open current, deposit accounts, corporate cards for the company. Only then is a loan possible.

The stage of collecting documents is the most important when obtaining a loan. Banks and other credit organizations are very scrupulous about whether the entrepreneur has all the necessary papers, whether they are properly executed. Due to minor inaccuracies and errors in the documents, the bank may even refuse to open a current account, not to mention the issuance of borrowed funds!

A bit of theory

Each bank has its own requirements for the number and type of documents that a young businessman must bring. The bank manager will in any case give you a complete and final list of papers after you receive pre-approval of your loan application. But there are those documents that any credit institution will definitely require. They are listed in the next section.

A lot depends on the type of loan. For example, with classic microcredit, you will need the most extended package of documents, including financial ones, and a detailed business plan. With express lending, paperwork is many times less (but the interest rate is many times higher). Banks require a bunch of financial and collateral documents, and Enterprise Development Centers look mainly at the business plan and the progress you have made.

Minimum package of documents

These are the papers that the bank needs to make a preliminary decision on the possibility of lending.

1. Application form. This is a standard application for a small business loan, which the entrepreneur fills out directly at the bank.
2. Copies of constituent and registration documents (as well as re-registration, if you have made changes to the constituent papers). This is the Charter, the decision to create a company. If you take out a loan from the same bank where you have a current account, you do not need to bring these documents.
3. Copies of personal passports (both yours and your spouse and other participants in the transaction, if any). We need copies of all pages, including blank ones.
4. Fresh (up to 30 days) extract from the Unified State Register of Legal Entities or EGRIP. You can also bring an extract with a statute of limitations of more than one month, but then you will have to attach a written notification to it that it is really correct and no changes have been made to the constituent documents.
5. Consent to the processing of personal data. This is a standard receipt issued by a bank.
6. Business plan. Without a detailed business plan, you will not be given a loan. About what points you need to pay attention to when compiling this document, it is said in the article "".

Main package of documents

These documents are needed by the bank to conduct a deep financial and collateral analysis. They will be asked to provide a bank employee who came to your office (or other place of business) to assess the situation.

• certificate from the tax office on the presence / absence of debt to the budget and extra-budgetary funds;
• a certificate from the same place about open settlement accounts (or a letter from the Federal Tax Service Inspectorate refusing to provide this certificate);
• certificates from the banks serving your business on the status of file cabinet No. 2;
• certificates from there on the presence or absence of debt under loan agreements, as well as guarantee and pledge agreements (copies of these agreements will also need to be provided);
• certificates from there on the turnover on settlement accounts for the last year;
• a card with sample signatures and an imprint of the IP seal (this applies only to IP);
• copies of licenses for the right to engage in activities requiring official permission;
• management and official financial reporting documents;
• tax returns;
• detailed breakdown of the main balance sheet items;
• papers for the premises used for office and warehouse (lease and sale agreements, certificates of ownership, etc.);
• papers on the ownership of property (contracts for the sale of equipment, PTS, PSM, etc.);
• up-to-date, valid agreements with three main buyers or suppliers (if you are a landlord, then agreements for renting real estate);
• contracts for the intended use of funds that you are going to receive on credit;
• documents on collateral (depending on the type of collateral);
• if a transaction with a bank is made by a trustee, and not by the businessman himself - the original or a copy of the power of attorney certified by a notary.

This is the maximum list of papers, it is difficult to demand something else from an entrepreneur. A loan for small businesses must be documented - this is the rule of credit organizations.

And do not forget that individual entrepreneurs can take ordinary consumer loans. True, the amount given to entrepreneurs is less than to private citizens. 200-300 thousand is not much, but why not take it if you just need to purchase a couple of pieces of equipment or urgently pour additional finance into circulation? Fortunately, few documents are needed - a passport, income statements and some additional certificate (employment book, driver's license, passport, etc.).

Decor

All copies of documents that you bring to the bank must be numbered, stitched, sealed and signed. No one will sort through a huge disordered heap of papers. The mark "copy is correct" must be present. You can either put it down yourself (if possible), or ask a bank employee to do it. In the latter case, the employee must indicate on each copy his position and the date of certification.

What is the result?

As an entrepreneur, you understand the importance of paperwork in our country. Always check documents several times before submitting them. An accidental mismatch of data, inaccuracy in design - and the papers will most likely be sent for rework. There is an urgent need for a loan, and you have to, cursing, delve into declarations and extracts. Unpleasant situation.

And most importantly, always check with the bank manager for any incomprehensible points. Torment the poor fellow with questions - let him give it his all, but then you won’t have to waste time and nerves. Find out from him exactly what documents are needed to get a small business loan from a bank, but initially be prepared to provide any of the papers listed in this article. Think about how long it will take to obtain those documents that you do not yet have on hand, ask a lawyer you know to advise you on registration issues. All this will allow you to feel confident in front of employees of the financial monitoring department.

The axiom of commerce is that any business needs financial investments. This is especially true at the initial stage of activity. In order to earn money on the implementation of a business project, you must first invest in it. Large projects require a lot of money, small projects a little less. But it is impossible to get rid of expenses in principle under normal conditions.

It is good if a novice businessman has at least some money. And if not, there are several options where you can legally get finance. One of them is to get a business loan from a bank. Its conditions should be relaxed compared to the usual. Otherwise, a successful start of the project will not be seen. But even here there are certain subtleties and roughness.

Risks for the parties

Commercial banks give loans only at interest. On general terms or preferential, but in addition to the loan itself, you will also have to return the accrued interest. If the business is successful, then such a financial loan, no matter how heavy, will pay for itself. And if not? An unsuccessful businessman will lose not only his business, but also his property. And then it will remain a debtor with all the ensuing legal consequences.

It should be noted that for a bank, issuing a loan for the development of a commercial business is considered a risky deal. There is no unconditional guarantee that the loan of a newly-minted merchant, received for the creation of a small business from scratch, will be returned. In the worst case, when the option of ruin appears on the horizon, an unsuccessful entrepreneur may declare himself bankrupt after a certain period (mostly a month) and refuse to return the money received to the bank.

And yet, how to get a business loan from scratch? It is no more difficult than getting a regular loan for education, home improvement, car purchase, and so on.

Mandatory conditions

Despite such risks, credit on favorable terms for small businesses is slowly but still being renewed. Including taking a loan for a business from scratch, it is possible, subject to certain strict conditions. However, there are no super-heavy impracticable clauses in the contract:

1. Good credit history of the borrower. Difficulties in paying past loans, outstanding loans or late payments can be the reason for a loan refusal.
2. Professional business plan. The self-evident possibility of quick earnings, albeit small but stable, will force financial experts to agree with the borrower and issue the right solution.
3. Employment that provides additional income. A solid income makes it possible to successfully repay a loan received to develop a small business from scratch.
4. The presence of personal property that can be mortgaged under a loan. This is a serious guarantee of a mandatory refund.
5. Having a reliable guarantor.
6. The existence of start-up financial capital, which is approximately 25% of the required amount.

There are other circumstances in the matter of whether to start a business from scratch. It is worth considering at least some of them.

Banks

Where can I get a small business loan from scratch, which bank should I contact? It must be understood that, firstly, not all financial institutions provide such loans, and secondly, the requirements and offers of the bank differ, and a businessman, of course, wants to choose the most profitable option.

Russians wishing to organize their own business can accept the help of a number of financial institutions. Which banks give loans for business from scratch? A small business loan from scratch is available in several banks of the Russian Federation - more on them below.

VTB 24

VTB24 offers the most favorable rates for legal entities registered in Russia, quite diverse conditions, including business loans for individual entrepreneurs. The approaches to LLC and sole proprietorship differ significantly. Often, property is required as collateral for a loan. Specific examples:

1. Express micro. The loan is given in the amount of 30,000 to 600,000 rubles for a period of 3 months to 3 years. No collateral is required for this.
2. Small funds are released on the security of personal movable or immovable property for a period of 3 months to 7 years. The amount of the loan in this case is in the range from 600,000 to 30,000,000 rubles.
3. Under contract. By issuing such a loan, the bank subsequently has a legal right to claims for amounts passing under the agreement. The loan is issued for a period of 3 to 12 months. The amount of the loan in this case varies from 150,000 to 6,000,000 rubles.

Sberbank

Sberbank issues a loan for a new business from scratch as part of the Business Start project. Financing is given for an existing business project. Franchising is also possible.

In addition, to register and develop your own business, you can join the Business Trust loan program of Sberbank. It does not require strict reporting on the purposes and directions of lending. "Business Trust" is:

• a loan without a guarantee of collateral;
• the amount of funds in the amount of 80,000-3,000,000 rubles;
• no commission;
• need a guarantor - the owner of the company;
• interest rate of 13.94% or more;
• The repayment period is within 3 months to 3 years.

"Rosselkhozbank"

"Rosselkhozbank" presents individual loan products to strengthen small firms. There are no funding restrictions. The main focus is the agricultural sector, but there are other areas of loans for starting a business from scratch:

1. investment standard. The amount of the loan is 60 million rubles, the repayment period is up to 8 years. Deferral of payments - up to 1.5 years. A personal loan repayment schedule is possible.
2. For the purchase of machinery and/or equipment, a loan is issued only against the security of the purchased machinery and/or equipment. Postponement of payments - up to one year. The loan period is up to 7 years.
3. For the purchase of land. It is issued only on the security of the purchased land. Postponement of payments - up to 2 years. Loan period - up to 8 years.
4. For the purchase of young animals, a loan is issued only against the security of purchased agricultural animals. Postponement of payments - 1 year.

"Alfa Bank"

In Alfa-Bank, there are only two types of business loans. But at the same time, managers report activities with small and medium-sized firms as the most important priority.

Funding Methods

Modern banking methods of financing loans for starting a business from scratch have a number of subtleties. And the main one is to minimize the risks, both discussed above and others (there are enough of them to consider a complete list).

First of all, financial institutions are faced with the task of determining the degree of financial risk when lending to small enterprises that have applied. Banks use two methods, quite different in terms of objectivity and depth of analysis:

1. The work of experts on the application. In this case, the final decision on the allocation of a loan depends to a large extent on a very subjective verification of the businessman's arguments.
2. Another mass method for determining the magnitude of risk is the use of an automated financial scoring system that appeared half a century ago. Not burdened by any emotions, the program calculates the points received, takes into account the overall results on the basis of the data indicated in the questionnaire of this client. Scoring is subdivided by type: by points received (it is necessary to reach the assigned level, many applicants do not reach it); against obvious fraudsters (through consideration of behavior reveals factors confirming data about a possible threat to bank assets); against irresponsible and frivolous clients-borrowers (the probability of delay is considered).

Receipt process

Getting a profitable business loan for an individual entrepreneur involves a certain strict procedure. Logistics of actions for obtaining a loan for starting a small business:

1. First you need to send a reasoned application to the selected bank. It notes the form of activity, a specific lending program.
2. Then you need to provide data on the financial situation of your small business. It will require a loan for a business from scratch and documents: you need to provide an identity card, TIN, a copy of the work book of a potential borrower, a certificate of income, documents confirming other income (bank deposit, shares of any companies, investments), papers establishing the right to real estate or other property that will act as collateral, and so on. The emphasis should be on the amount of profit received, a positive credit history, the availability of additional income or other sources of finance that will help return the money if things do not work out.
3. If the application is accepted (and this, as a rule, happens in most cases) and considered, specific work begins - the terms of the loan are approved: the amount of funds, the chronological framework, the form of the loan.

Enhance Opportunities

How to get a business loan from scratch? When looking for a loan to develop their business, a novice entrepreneur needs to choose a bank as scrupulously as possible, in which he will then be served. Nuances:

1. When analyzing the situation of financial institutions, it is necessary to ask whether there are special proposals (and what kind they are) for the development of small enterprises.
2. The advice and recommendations of commercial partners, acquaintances and friends who are in contact with a particular bank are important.
3. Loans are distributed more freely under an existing business. An application with an attached project of a case not yet started has few opportunities to receive financial support.
4. It is not bad that your company is solvent, has been successfully developing for at least six months.
5. In favor of a positive decision of the bank to issue a loan, there will be a certain collateral. Real estate, machinery, technical equipment are usually considered as collateral.

Subjective factors

Moving forward on the issue of how to get a loan for a business from scratch, the bank considers other factors, seemingly completely subjective, regarding the borrower:

1. current age. World practice suggests that the age at which a potential client is the strongest and most able-bodied and can, with a high degree of probability, vouch for the process of issuing a loan, is in the range from 30 to 40 years.
2. Official marriage. If the lender is legally married, his possible chances of obtaining the requested loan for an existing business increase significantly, because if there is a problem with the return of borrowed funds, the husband (wife) of the borrower will be able to connect to the closing of the loan.
3. Monthly recurring expenses. A financial institution that lends to small business development may also consider the amount of the amount of the monthly cost in the process of developing the borrower's entrepreneurial activity.
4. The interior of the office space. The premises, which the credited businessman has allocated as an office, will be inspected by the bank for the presence of communications equipment, business office equipment, several computers and good furniture.

Additional Options

When wondering how to get a loan for a business from scratch, you need to understand that there is an alternative possibility of obtaining potential financial assistance - ordinary consumer lending. A loan can be issued to an individual working in the company. A personal car or real estate can be used as collateral. The institution of guarantors is also used.

It is not very difficult to get such a loan, but loans are not entirely beneficial for a businessman due to high interest rates. Therefore, it is better to think again, look for options for obtaining start-up capital. Most regions of our country now have funds that provide financial support to small businesses. These institutions work on behalf of the state as guarantors for the issued loan, or they themselves can offer small concessional loans to businessmen.