A fairly large number of entrepreneurs need loans. In turn, it is not easy for small business owners to get money, since many banks do not risk giving loans to small firms, especially if they are not "firmly standing" on the market. However, there are certain rules, guided by which, you can get money for a small business.
Instructions
Step 1
Calculate approximately how much you need to develop a small business. At the same time, take into account the amount of possible commission that the bank may charge you when issuing funds. As a rule, it is not charged in all banks, but only in those where the annual interest on the loan is lower than in other credit institutions. Such a commission can be up to 3%.
Step 2
Find a bank that can provide a small business loan on the most favorable and suitable terms for you. Consult with a specialist in this bank, find out what documents will be required from you to take out a loan, whether you need a pledge or guarantors, for how long you can take money and at what percentage.
Step 3
Prepare a set of required documents. As a rule, in order to obtain credit for small businesses, it is necessary to fulfill a number of necessary requirements: - prove the existence of entrepreneurial activity and that it is at least six months from the date of registration; - have a positive credit history of the borrower or complete absence of credit history; - have confirmation (document) on the company's stable income; - availability of collateral; - availability of guarantors (often required, but not in all banks); - provide a business strategy; - disclose tax and financial statements.
Step 4
Write an application for a loan. Fill in all the required information. Then attach all the collected documents to this application and submit them to the bank.
Step 5
Complete a few more small business loan applications. You can do this without leaving your home. To do this, browse the Internet on the websites of various banks in your city for existing lending offers. Then fill out the online applications. This way you can protect yourself. Suddenly, they will refuse to receive money or the application will be considered for a long time.
