Strategies Getting a Loan Capital of Banks
December 22nd, 2009 - By admin - Posted in Loans MortgagesCurrently, the credit facility offered by banks for business capital is not only intended for companies, but also individuals. This would be very useful for us who are starting entrepreneurship, and want to develop into larger businesses. It is time we take the bank’s capital as an alternative, because in addition to the process is not complicated, the interest rates were quite competitive.
But of course the bank will not simply grant a credit application, either individual or corporate. Then what is the bank’s consideration? What type of business affect the assessment of the bank? According to Sari Ayu Wulandari, Business Development Group Head, Small Business Division BNI, the business type is not disputed. “Creative industries too, such as IT development, or online marketing, can also get capital from banks. The point is, make a good business plan, complete with long-term planning studies, who his target market, and so forth,” said Ayu Entrepreneurial Success in the Seminar held at the Femina magazine Balai Kartini, Saturday (18 / 4).
The criteria included assessment of the bank’s five things called 5C:
1. Character. Regarding 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 personal money you put out, “Because not all the capital may come from the bank, ’said Ayu. Then pemodalan structure (how the amount of initial paid-up capital and accumulated profits into capital), the ownership composition of capital (capitalists anyone who guarantees investors, and whether investors also take charge of the company), and capital assets, which consist of tangible assets (land, buildings, machinery, stock, etc..) and intangible assets (brand, goodwill, reputation, etc..).
3. Capacity. Assessed, among others: how the sales trends (up, down, or stagnant), the cost structure (fixed cost, variable cost), comparative costs and income, debts and bills (larger, smaller, or the equivalent), cash flow projections (surplus or deficit), workers (permanent or contract, how the skills and experience), so the production capacity (the amount of production per day, whether in accordance with the sale).
4. Condition. Includes licensing, industry conditions similar (if a little risky, medium, or high), business prospects, competitive situation (whether it was the market leader, market follower, niche market, or a single fighter), and this is the most important: what, or unique selling point (if easy to imitate, or difficult to imitate, and to any place).
5. Collateral. Is there any guarantee, whether they are tangible (cash, stock, equipment, vehicles, and that nature does not move like land and buildings), intangible (personal guarantee, company guarantee, credit insurance, associations / cooperatives guarantor, etc..).
In order for your business proposal development bank interest, make as detailed and as realistic as possible. Prepare a brief presentation material, but comprehensive, with points like:
1. Explanation of business development goals.
2. Projected increase in sales and assets that are expected in detail.
3. Factors necessary for achieving the target.
4. Strengths, weaknesses, and opportunities to be faced in the development of the business.
5. Schedule and target date for completion of the work plan.
6. Explanation of the parties associated with the development of such business.
7. Plan the use of credit facilities, and repayment schedule.
Other requirements that you need to meet before applying for credit you can obtain 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 (maximum of Rp 1 billion). Credit facilities from BNI-KUR is given to productive activities in the form of working capital loans and investment loans with a maximum loan period of 5 years. Terms:
* Indonesian Citizen (WNI).
* Business has been running at least 1 year.
* Fill out the application form by attaching a copy of: family cards (KK) and KTP married, Marriage Certificate (for married), business license letter (SIUP, TDP, HO and SITU) or certificate of village / subdistrict, and NPWP to credit over USD 50 Million.
What if in the middle of the road suddenly your business is stuck, or you are not able to make the repayments to the bank? Apparently, the bank also has prepared a way out. “If the debtor at risk, the bank will look at each case. We can do restructuring based on the case at hand. After all we are thinking of long-term partnership,” said Ayu.
So, if you’re going to develop the business, and have a commitment to ourselves and the bank for your business continuity, no more things to worry about.
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