Unsecured loans for small businesses: conditions for obtaining

The opening of your business requires an initialcapital. It will be necessary to pay for the rent or purchase of the premises, purchase of equipment, raw materials, salaries for employees. But not all beginning entrepreneurs have the necessary amount. In such cases, unsecured loans are issued for small businesses. Details about their registration are presented in the article.

Advantages and disadvantages

Any service has pros and cons. Unsecured loans for small businesses are no exception. The main advantage of the service is the lack of security. But this is fraught with some nuances. After all, no bank wants to allow the loss of its funds. Therefore, such loans are issued for a short period of time. In addition, the amount will be much less.

Unsecured loans for small businesses havehigher rate. The period for consideration of an application is shorter than for loans with collateral. After all, for making a decision, you do not need to check the collateral: you need to perform the analysis procedure, documents, evaluate the object. If the answer is positive, you can immediately proceed with the design.

What are the objectives?

To determine the objectives at the time of issuing a loanentrepreneurs are guided by special rules. They are installed for each product in each bank separately. Loans to small businesses without collaterals are issued for various purposes, but always for business, and not for personal needs. An entrepreneur can apply to the bank if necessary:

• improve the material condition of the enterprise;
• to buy a room;
• realize investment goals;
• increase fixed assets;
• introduce innovative technologies;
• modernize the production line;
• increase in turnover.

A loan can be issued to attract customers,opening a new direction, refinancing other loans. Means may be required to improve energy efficiency, productivity. Without the need for loans are unlikely to be approved.

Nuances of obtaining a loan

In practice, no novice has a chanceget a loan from the bank if you do not receive a deposit. The reason for this is that the enterprise must have a flow of funds in its activities. The bank analyzes the data of the movement to obtain conclusions about the stability of the business, its prospects.

Businesses who are more likely to receive a loan are:

• work no longer 1 year;
• have balance stability;
• successful in dealing with partners.

This is confirmed with the help of documentation. If these conditions are met, the decision is usually taken quickly. The refusal in this case is minimized.

Conditions

Loans to small businesses without collateral are issued on the following terms:

• age 23-60 years;
• permanent or temporary registration;
• bail;
• doing business from six months.

Before making a unsecured loan forsmall business should get acquainted with some of the nuances of its design. The peculiarity is that the borrower will be an organization, a legal entity. There are loans for small businesses without guarantors. But in this case, there will be some other conditions. In comparison with individuals, there are not many small business lending programs.

Sberbank

Lending to small businesses inSberbank. A lot of entrepreneurs turn to this institution. There is a section on small business on the bank's website. Customers are offered several products. The list includes refinancing, lending for the purchase of equipment and machinery, unsecured loans for various purposes. The bank has a program to stimulate lending.

What are the rules for lending to small businesses inTo the Savings Bank? For example, "Business - Turnover" is provided with a maximum term of 4 years, the rate is from 11.8%, and the minimum amount is 150 thousand rubles. This loan can be used by individual entrepreneurs and small businesses whose annual income is not more than 400 million rubles. The site provides a list of necessary documents. A decision is made after analyzing the financial and business sphere of the business.

"Alfa Bank"

Preferential loans to small businesses are issued inAlfa-Bank. Entrepreneurs can get a loan without bail, collecting documents, online. For this, the "Stream" service operates. For PIs and small businesses, a "purse" in the form of an overdraft is proposed.

The rate is 15-18%. New customers can claim to receive 500 thousand rubles - 6 million. And if earlier there was cooperation, then the amount is 10 million rubles. The opening limit is 1% of the amount.

For medium-sized businesses, there is express lending. There are proposals on the security of property rights. At the same time, the conditions for granting loans to all clients are individual.

"Rosselkhozbank"

On the site you can find sections for small andmicrobusiness, as well as medium and large. Applications for loans are accepted online. There is a convenient function of communicating with a specialist on the type of callback. "Rosselkhozbank" takes part in supporting small and medium-sized businesses, so clients are offered different programs on favorable terms.

"VTB-24" and "VTB Bank of Moscow"

As in other organizations, the website of the bankthere is a section on business. There are several loan programs for small businesses: express, negotiable and investment programs. Also there are loans for business development, for the purchase of offices, warehouses, retail facilities, targeted.

Maximum time for issuance for all programssmall business lending is different. But usually they are up to 10 years, and the rates are different - 13.5% (Business Mortgage), 11.8 (Investment and Oborotny). Applications are accepted through the site.

"Tinkoff Business"

This bank actively works with small business and IP. Customers are offered an overdraft and standard lending. You can apply for a loan on the site. After filling it in, the specialist comes out and requests the documentation.

To get a loan for business, you will needTIN, extract from the Unified State Register of Legal Entities, OGRN, tax return. After receiving the documentation, the bank makes a decision to issue a loan. If the decision is positive, the contract is executed.

Credit rules

The lending programs are set up tocredit risks were minimized. And they relate to the borrower and the lender. The risk borne by the client refers to the inability to repay the loan and interest in a timely manner, which leads to bankruptcy.

The risks of the lender are related to the terms of the loan. Long-term, it is either short-term, depends on the level of risk. To reduce risks, lenders:

1. They study the borrower, credit history, perform an analysis of the financial situation.
2. They get acquainted with the pledge (if it is provided), sources of payment.
3. Analyze the risks and ways to eliminate them.

Now almost every modern bank has programs for business. Clients should consider the proposals of several banks, and then choose the most advantageous option.