Getting a Loan Capital Strategies of Banks

But of course the bank can not simply be granted the request of credit application, either individual or corporate. Then what is taken into consideration the bank? What type of business affects the valuation of the bank? According to Sari Ayu Wulandari, Business Development Group Head of Small Business division of BNI, the business types are not disputed.

"Creative industries too, such as IT development, or online marketing, also can raise capital from banks. The important thing is, make a good business plan, complete with long-term planning studies, who his target market, and so forth, "said Ayu in Entrepreneurial Success Seminar held at the Balai Kartini magazine Femina, Saturday (18 / 4).

Criteria for assessment of the bank includes five so-called 5C:

1. Character.

Concerning your commitment as a party who filed the petition, how your track record, how your management style (if one man show, family, or partnership).

2. Capital.

How much you spend personal funds, "it is impossible that all the capital came from banks, 'said Ayu. Then pemodalan structure (how the amount of initial paid-up capital and accumulated profits into capital), the composition of capital ownership (anyone capital owners, who guarantee investors, and whether investors also become members of the management), and capital assets, which consist of tangible assets (land, buildings, machinery, stock, etc..) and intangible assets (brand, goodwill, good name, etc..).

3. Capacity.

Assessed include: how the sales trends (increase, decrease, or stagnation), cost structure (fixed cost, variable cost), comparison of costs and revenue, accounts payable and receivable (larger, smaller, or the equivalent), cash flow projections (surplus or deficit), employment (permanent or contract, how the skills and experience), up to production capacity (amount of production per day, whether in accordance with the sale).

4. Condition.

Covers licensing, industry conditions similar (if risky small, medium, or high), business prospects, the competitive situation (whether a market leader, market follower, niche market, or a single fighter), and this above all: what unique selling point or (is easily imitated, or difficult to imitate, and until when progress).

5. Collateral.

Is there a warranty, either tangible (cash, stock, equipment, vehicles, and that nature does not move, such as land and buildings), intangible (personal guarantee, company guarantee, credit insurance, association or cooperative insurers, etc..).

In order for your proposal to attract business development bank, make as detailed and realistic as possible.

Prepare materials in a brief but comprehensive presentation, with bullet points such as:

1. Explanation of purpose of business development.

2. Target increase in sales and assets that are expected in detail.

3. The factors required for achieving the target.

4. Strengths, weaknesses, and opportunities that will arise in the development of the business.

5. Schedule and target completion time of the work plan.

6. Explanation of the parties associated with the development of the business.

7. Plan the use of credit facilities, and repayment schedule.

Terms else you need to meet before applying for credit you can get from the bank concerned. For example, BNI provides two types of credit, namely BNI-People's Business Credit (up to USD 500 million) and BNI Entrepreneurial (a maximum of Rp 1 billion). The credit facility from BNI-KUR is given to productive enterprise in the form of working capital loans and investment loans with a maximum loan period of 5 years.

Banking Credit Submission Tips

A. First we for the first credit on the basis of who the users:

1. Consumer credit, which is used for consumptive purposes, such as houses, private cars, multipurpose (cost of education, hospitals, etc.), with its object is to entrepreneurs, professionals (like doctors, notaries, etc.) as well as employees. Forms of consumer credit is usually in the form of an installment loan principal plus interest each month.

2. Commercial Credit, which is used for business / enterprise, either working capital or purchase of investment company assets. The object defined 'only' entrepreneurs. These loans are of two kinds: credit bank account statements (over the draft) that can be withdrawn and then paid back according to the needs of each end of the month in which borrowers pay only interest on the loan amount being used, and also the form of loan principal and interest.

B. Term Sheet, in the form of self data, income data, data security, data banks.

1. In general, the data itself in the form of ID card, Family Card, Marriage Certificate, and TIN.

2. For income data, is the whole document source of funds / income relevant.

* For employees: pay slips, employment certificate and related recommendations.

* For the professional: certificate of practice from relevant agencies, the practice of a valid business license and is still valid (for professionals who have their own place of business), financial statements or income records. For professionals who are also working in other agencies (eg, physician practice in the hospital, Health Department employees) it should also attach the salary slip.

* For employers: SIUP (business license), SITU / HO (license or permit interference place of business), TDP (the list of companies), Financial Statements In House (made by companies relevant) whether the balance sheet and income statement.

3. Data Security, for home loans with collateral, of course the bank will ask for certificates relevant land (such as the SHM / Certificate of Land Ownership, also SHGB / Building Use Rights Certificate, IMB (Building Permit), and copy the last UN. For loans with car insurance , the bank will hold BPKBnya.

4. Banking data, generally in the form of bank account statements, which prints the form of passbook accounts, print-outs, from all accounts held, from various banks in which the relevant accounts. For those who already have a loan at a bank or other financial institution, usually also asked the principle of out her account. For data banks, the banks will complement its own internal requirements of two DHBI (Black List of Bank Indonesia) and BI Cheking (Level Collectible BI) for the two points will be explained in the next. The point of borrowers must be clean from the list DHBI and have a level of collectibility is not problematic at another bank.

C. Knowledge of other things related to credit:

1. The level and type of loan interest rates

In the world of credit financing, there are 2 kinds of commonly used types of flowers, flowers and flower EFFECTIVE FLAT. For the banking system generally uses the effective interest rate, while the cooperatives, leasing, RB, generally use a flat rate system.

Effective Interest Rate is the interest charged on the amount of outstanding loans (residual debt) in the relevant month, while the Flat Rate is the interest calculated on the principal amount payable at the beginning of the loan and then divided equally by the credit period. The fall of the total nominal flat rate far greater than the effective interest rate.

In this kind of interest rates also distinguished between fixed rate (fixed) and floating (floating). Fixed interest rates mean for the credit over a certain period specified in the initial credit agreement will not change size. Example: Fixed rate mortgage with a 1-year 11% pa, meaning mortgage interest rates from 1 -12 months of interest payments of 11% per year, on the 13th month following the interest rate prevailing at the time.

For floating rate, which means that since the initial loan, the interest rate applicable to follow changes in market interest rates.

1. The amount of the costs associated with granting credit. Total cost depends on the policy of each bank. Costs associated costs must be met include:

* Costs and Fees for the Bank Administration

* Notary Fee: cost of credit deed of agreement, the installation fee mortgage (formerly: mortgage) for the land / building, installation costs fiduciary for vehicle insurance (such as a mortgage on the land), the cost of checking the certificate (to BPN) or BPKB (to the police station) .

* Cost Insurance: Fire Insurance (for building security, insurance fee is determined by the size of the estimated nominal price by the bank building), All Risk Insurance (all risk) or Total Loss Only (TLO) for vehicle insurance, Life Insurance relevant debtor (generally for mortgage loans).

Tips and Tricks Post Bank Credit

1. Determine your needs first. The need for what you want to bank financed. For employees are usually more simple, buy houses, buy vehicles, and so on. As for professionals and businessmen more complex. If you need an injection for capital turnover, for example, to reduce accounts payable so that the price obtained more cheaply, or to augment the inventory / supply of goods, then posed is working capital loans, such as bank account statements, etc. Acceptance of credit. Meanwhile, when you need is financing the purchase of fixed assets like machinery, vehicles, shop buildings, warehouses, etc., ask the investment credit.

2. Estimate the ability of payment (payback ability) you. From the financial statements or salary / income you earn each month, take the safe point that the amount of the payment obligation is not greater than 30% of your net income (DBR public every bank is 30-35% of total revenues). Example: Vidi and her husband have a total income of Rp 3,000,000, then made a benchmark in later installments Vidi big if not more than Rp. 1 million per month later. For employers, calculate your level of DBR Nett Gross Profit should not (for more safe)

3. Check your eligibility administration. For employees, make sure you have working in your company over 2 years (there are also banks that apply more than that), the status of fixed income (the fixed salary component, to be counted in the calculation DBR), for income that is only the commission (not fixed ) is usually the bank will likely refuse. Similarly, for professionals and businessmen, at least permit the practice / business in over two years from the date of publication, or has carried on business for over two years.

4. Consider your data and physical security. To ensure that documents are legitimate and valid certificate. To SHGB, ensure long term validity is still no more than minimal credit period that will be filed. In order to guarantee the physical land itself: the (almost) every bank wants a marketable security (meaning if there is a problem loan and foreclosure occurs, the bank guarantee will be easy to sell it), for it guarantees must have an access road (the road), usually the second cars - about 3.5-4 meters wide, security at strategic locations (not a remote area / suburb that tends not to grow), collateral is not located on the cliff / slope / tilt regional / local burial / local houses of worship (eg, still one location with a house of worship ), guarantees the building must have a BMI, physical building must be good and solid. For any vehicle thus, easier evaluation.

New car dealer living adjusted data, used car should still excellent condition, year is still young, etc. Total bank credit to be given the maximum generally ranged between 70-80% of the estimated value of the collateral by the bank.

5. Make sure you do not have a record of banking flaw in the current year (when you apply for credit it. The bank has an online data network throughout the country, under the BI server network. There are 2 kinds of data that can be checked. First DHBI the black list which obtained a

account owner if he had given a blank check or giro exceed the BI requirements, a second data indicating Collectible owned credit data of borrowers of a bank, which already exists. For example Vidi already have credit in Bank Jabar with classification

smoothly, then Vidi can apply again in another bank loan if eligible. The first thing done by a bank officer in checking credit application is DHBI and Checks Collectible Checks. The data are seen is by name, no ID card / ID, and TIN. If you ever go in the second list they will be, but when you ask it's too rehab, was settled and smoothly, then it is possible to continue the submission.

6. Prepare a savings account or current account which reflects your income. Particularly for first impression for the bank. Currently, more banks will see your account data compared to the financial statements or salary data that generally can be made. If you as an entrepreneur say that your turnover 100 million per month, then the bank would ask out of the entry money in your account at least 80% of the total turnover of your page.

Banks will look to the number of transactions per month is NOT in balance. Usually they should have a data account for three months, then I suggest if you will file in April, make sure the data on the number of transactions on your account from January to March had reflected the turnover / revenue. Do not hesitate to better enable the mobility of transactions in your account

7. Choose a bank with total best service: interest rates are not expensive (in one period, each bank has its own interest rate), effective interest rate, loan type offered complete (there are banks that only serve the mortgage, etc.) so you can get credit

in accordance with the needs, costs expenses related to the most competitive credit (note ads from banks: eg free notary fees, lowest interest rates, etc., use this opportunity), select the bank that promises credit application process is long (a common time usually a maximum of two weekly), choose banks that get good recommendations from friends / partner or other relative, especially related to customer maintenance / relationship, choose a bank that is quite advanced technology that allows you to trade anything related to the bank (pay installments through mobile banking / auto debit facility, etc.).

8. A good idea to seek recommendations from debtors who have longer terms with the bank. Banks generally will do the trade checking, either with a company where you work (for employees), with suppliers / competitors / customers (for professionals and businessmen). Info unfavorable trade checking can directly reduce the assessment of your bank.

9. Use of credit facilities in accordance with the initial goal. Congestion often occurs due to the occurrence of error use of credit. For example, working capital loans used to build the house, as a result your working capital is not increased, while in the presence of credit means that you should increase the profit to pay the loan obligations, so that eventually you can not afford to pay the bank.

10. Apart from all that, taking into account both whether by you that with this credit will help you, rather than complicate it you in the future (see example calculation of interest). One thing that must be taken into account: the payback take your abilities to be a reference filing smallest amount of credit. One of my messages, in nearly 99.9% of credit agreement, the position of the bank is protected by relevant law. So if credit problems occur, generally in the court the bank will usually always win. Therefore, do not take a bank loan if you are unsure of

Your payback ability. Do not be tempted because the amount of money received at the beginning of a fairly large, but think about a month later you have to pay duty on the bank.

Why do I need a loan?

Most people who borrow money have good reasons for doing so. Here is a list of common reasons for borrowing:

1. Buy or renovate your house
2. Pursuing higher education
3. Memorable wedding
4. Starting your own business
5. Making a timely investment
6. Taking advantage of a sale
7. Emergencies
8. Buying appliances/durables