To start any business project, start-up capital is required. It takes time to accumulate it on your own. And this will take not 2-3 months, but at least 5-6 years. If you do not intend to wait, you will have to turn to private investors for help or try to get a loan from a bank. Fortunately, this is not as difficult as it seems. Today, many financial organizations are ready to issue loans to small businesses from scratch. All thanks to targeted government support and the federal program for the development of small and medium-sized enterprises (SMEs).
Borrowed funds can be an excellent launching pad for a young entrepreneur. But business lending has its own nuances that need to be taken into account. Firstly, a loan is usually issued for specific purposes. This could be business development, starting a new business, purchasing equipment, repaying tax payments, replenishing working capital, etc. You will not be able to use the money in any other way. Otherwise, conflict with bank representatives and supervisory authorities cannot be avoided.
Secondly, to get a loan to start a small business from scratch, you need to provide a business plan. As well as an official certificate confirming your status as an individual entrepreneur, and the right establishing documents for the commercial real estate and commercial equipment you own (if any). In addition, to obtain a large loan, you may need a third party guarantee or other guarantees of your solvency (collateral, intermediation of the SME Corporation, etc.).
Requirements for the borrower
To take out a loan for a business plan, you need to meet the requirements established by the management of the banking organization. Each bank has its own internal standards, which only company employees know about. But, nevertheless, there are general criteria, more or less the same for all financial institutions in the Russian Federation. These include:
- citizenship of the Russian Federation;
- age - from 23 to 65 years;
- business period is from 12 months.
Moreover, the last point does not mean that you will not be given a loan to develop a small business from scratch. It is quite possible to get it, you just need to use one of the government support programs.
Governmental support
The Russian government has long realized the importance of small and medium-sized businesses. To stimulate the entrepreneurial activity of the population, various financial and information support tools are being developed. Moreover, not only federal authorities, but also regional administrations take part in their preparation.
Stimulating SME lending
The small business lending incentive program is one of the largest projects of the SME Corporation. Together with the Ministry of Economic Development and the Central Bank of the Russian Federation, the organization has developed a fundamentally new instrument for financing young businessmen. The corporation managed to fix the interest rate on loans from 5 million to 1 billion rubles. at the level of 10.6% (9.6% for medium-sized enterprises). You can get a loan for a small business from scratch on these terms in 45 Russian commercial banks, including Sberbank, Vozrozhdenie, Alfa-Bank, Raiffeisenbank, etc.
Among the financed industries:
- Agriculture;
- production and supply of electricity, gas and water supply;
- food production;
- construction;
- connection;
- freight and passenger transportation.
A loan for the development of small businesses from scratch from the state is issued as part of preferential lending. The guarantor in this case is JSC Federal Corporation for SMEs.
Free loan
You can also receive money for business development free of charge. If an entrepreneur complies with the requirements of Russian legislation and has no outstanding tax debts, he is entitled to targeted subsidies. Moreover, both federal and regional.
To apply for a subsidy, you must first choose a direction. This can be done, for example, on the website of the Innovation Promotion Fund. To start a business from scratch, the organization issues free loans of up to 15 million rubles. Separately, you can get up to 300 thousand rubles. from the regional Ministry of Economic Development as part of a regional competition.
Non-profit foundations
You can take out a loan for a small business, from scratch, without collateral or guarantors, not only from the state, but also from non-governmental organizations. For example, the International Business Leaders Forum (IBLF). Under the “Youth Business of Russia” program, which is supervised by the Youth Business International (YBI) Foundation, you can get a loan of up to 300 thousand rubles for a period of 1 to 3 years. The interest rate is 12%, the debt can be deferred for 6 months.
All you need to apply for a loan is a ready-made business plan. The promotion is designed to support young businessmen, so the age of the potential borrower should be no more than 35 years.
TOP 5 business loans
Most loan offers that are not included in the program prepared by the SME Committee are issued to entrepreneurs whose business has been in existence for at least 1 year. Discussion of individual conditions is possible if there is security or guarantee from persons enjoying the confidence of the management of the banking organization.
5th PLACE: loans from Alfa-Bank JSC
Alfa-Bank is one of the most customer-oriented Russian banks. He actively cooperates with the SME Corporation and provides loans for small businesses from scratch on preferential terms. He also develops his own financial instruments for young entrepreneurs:
- "Partner". Loan for business development at 16.5% - 17.5% per annum. You can borrow from 300 thousand to 6 million rubles, no deposit is required. A prerequisite is to have a current account with Alfa-Bank JSC. Repayment period - from 13 months to 3 years;
- "Overdraft". Money for current needs, a kind of “spare account” for the company. Issued for 12 months. The loan size varies from 500 thousand to 6 million rubles. Interest rate from 13.5% to 18%. No collateral is required, but a surety from an individual is required. A one-time fee of 1% is charged for opening an overdraft limit.
If you have just started a business from scratch, then the likelihood of approval is very small
4th PLACE: business loans from JSC Rosselkhozbank
Rosselkhozbank specializes in financing enterprises one way or another related to agriculture and the food industry. Therefore, the company has many targeted lending programs. Entrepreneurs involved in small businesses may be interested in the following loans:
- "Optimal". Non-targeted loan from 100 thousand to 7 million rubles. Repayment period - 5 years. Issued on the security of real estate, commercial equipment, transport or special equipment. Deferments for debt payment are not provided;
- "Fast decision". Loan in the amount of 100 thousand to 1 million rubles. The loan term is short, only 12 months. Can be used to pay lease payments or update the material and technical base of the enterprise. Collateral is not required.
Interest rates of Rosselkhozbank depend on the size of the loan and its repayment period. And they are calculated by credit managers individually.
3rd PLACE: targeted loan from PJSC Russian Capital
Russian Capital has a large number of corporate lending programs. But for small businesses, the target package “Business Development” is of greatest interest.
Under this program, entrepreneurs can receive a loan from 1 to 150 million rubles. at 11% per annum. The loan repayment period is up to 10 years. The money can be used to purchase equipment, renovate real estate or replenish working capital. Funds are issued both in the format of a one-time loan and in the form of a non-revolving credit line with a maximum disbursement limit.
To obtain a loan, you must provide collateral and enlist the support of guarantors. The minimum period of business existence is 9 months. Borrowers can be individual entrepreneurs and legal entities that are tax residents of the Russian Federation.
2nd PLACE: non-targeted business loans of Sberbank PJSC
Sberbank has been successfully lending to small businesses for a long time. You can get a loan for enterprise development here using one of three special programs:
- “Trust” Basic loan for up to 3 years at 16.5% - 18.5% per annum. The client can count on an amount of up to 3 million rubles, no guarantee or collateral is required;
- “Express overdraft” This loan also does not require collateral. The loan term has been reduced to 12 months, the interest rate is 15.5%, and the maximum amount is 2 million rubles.
- “Business Turnover” and “Business Invest” These two transfers are very similar, the rate is from 11.8%, the maximum loan amount is not limited, it is determined only by the solvency of the borrower and the value of the collateral. These offers are targeted loans, this is the main difference.
Loan term Business Turnover - up to 3 years, Business Invest - up to 10 years A decision on the application is made within 3 working days, online registration is possible.
1st PLACE: loans for business development of PJSC Bank VTB 24
A distinctive feature of VTB 24 programs is their clear specialization. The bank has both investment proposals and targeted loans for the development of small businesses from scratch, the purchase of special equipment and other needs. The most popular loans are:
- "Target". Issued in amounts starting from 850 thousand rubles. for the purchase of equipment and special vehicles from the bank’s partners. Repayment period - up to 5 years. It is possible to defer payments on the principal debt for 6 months. Base rate - 10.9%;
- "Investment" Can be used to implement various business processes. Amount - from 850 thousand rubles, term - up to 10 years. The rate, as in the previous case, is 10.9%. It is necessary to provide material support;
- "Kommersant". Express loan for business development at 13% in the amount from 500 thousand to 5 million rubles. You can spread your monthly payments over a period of up to 5 years. The loan is not targeted and is provided against a minimum package of documents (business plan, individual entrepreneur certificate, etc.).
You can apply for a loan from VTB 24 either at the bank’s office or through a form on the official website.
Full list of small business lending products www.vtb24.ru/company/credit/
conclusions
Small business loan from scratch issued by both government funds and commercial companies. Material support can also be obtained from non-governmental organizations created on the initiative of entrepreneurs themselves. The main thing is to prepare a convincing business plan and find guarantors who will be willing to take on your financial obligations in the event of a crisis.
Today, entrepreneurs are given a great opportunity to take out a loan to develop a small business without having their own property or any other collateral. In private cases, funds for assistance to entrepreneurship can declare themselves as guarantors. In order not to waste hours searching for financial institutions that can provide loans without guarantors for small businesses, you can use the services of our website, which presents financial institutions that are guaranteed to provide preferential loans small businesses. Our website presents banking services that are offered by financial institutions in Moscow and other cities. The list of our offers allows you to see:
- what amount can be loaned;
- interest rate;
- documents required to obtain a loan;
- the age at which borrowers can receive a loan;
- time for consideration by the financial institution of the application.
What do we mean by favorable lending conditions?
Thanks to our portal, entrepreneurs can count on little support from the bank. They may be offered special conditions. Namely:- unsecured loan “Trust”;
- programs that do not require guarantors;
- the possibility of extending the period for repayment of the principal debt;
- the opportunity not to pay the entrance fee;
- the possibility of obtaining a loan under the terms of floating interest rates.
What are the criteria for issuing quick subsidies for business expansion?
Before applying for a profitable loan, the borrower will need to select a bank, indicate the loan amount, indicate the period for using the loan money and the conditions for receiving the money (secured, without collateral, leasing, without a guarantor).What is a loan calculator and why is it needed?
On our website, borrowers are given the opportunity to calculate the available monthly payment amount, specifying which credit schedule the loan will be repaid according to. The loan is calculated on the “Loan Calculator” page according to its desired size. For this purpose, the borrower will need to indicate the loan amount, interest rate, loan term, type of payment (annuity, differentiated), one-time commission and month of start of payments. Thanks to the calculator, the borrower will be able to figure out what loan price he can afford.How to get a loan online?
An application for the issuance of money for an enterprise can be submitted to a financial institution through our website. There is a blue button next to each bank. By clicking on it, the entrepreneur will find out what advantageous offers are available when receiving a loan for the development of a small business. After submitting the online application, a credit consultant will call the applicant within 2 hours and give detailed advice on obtaining a loan. He will also explain the conditions for obtaining profitable loans. Are you interested in a preferential program with government support? Are you considering getting a cash loan? Our site is happy to help in solving your financial difficulties.Lending programs for small and medium-sized businesses now exist in almost every major bank. For individual entrepreneurs and legal entities, they offer not just money, but targeted programs developed taking into account the needs of business owners and the characteristics of their field of activity.
What loans can you get to open and develop a business in Moscow?
Small and medium-sized businesses are offered several targeted programs:
- loan for current expenses: money is provided for any purpose;
- , for carrying out expenditure transactions and increasing inventory;
- for the purchase of commercial real estate and land;
Loan programs vary in the form of receipt. Many banks offer express lending, which allows you to urgently receive funds without guarantors and with a minimum package of documents.
A targeted loan can be obtained by both beginning businessmen and owners of long-established enterprises. Especially for startups, banks offer loans to small businesses from scratch. As part of this program, you can buy a franchise, a ready-made enterprise, and also receive financing for the development of a business developed according to your own business plan.
Loans for small businesses - conditions and requirements
Conditions vary depending on the bank and the purpose of the loan. Lenders consider applications from owners of enterprises with annual revenues of up to 400 million rubles. Special requirements are put forward regarding the period of activity of the company. The business should not be less than 3 months old (in some banks - at least 6-12 months).
Conditions depend on the loan program:
- rates from 11% per annum;
- a loan for a business from scratch in Moscow can only be obtained with a guarantor or secured by security;
- term – up to 5 years;
- When purchasing commercial real estate, transport and equipment, a down payment is required.
To get a loan to buy a business in Moscow, you will need to collect an extensive package of papers:
- personal documents of the business owner (passport, TIN);
- reports on the financial activities of the enterprise;
- constituent documents.
If the loan is issued to start a business, then the borrower needs to provide a business plan and documents on registration of an individual entrepreneur or LLC. When choosing a loan program, you should proceed from the goals, requirements of banks and your capabilities. A loan calculator will help you quickly calculate the monthly payment, interest and overpayment amount.
ARTEGO Finance company offers effective financial services. In particular, assistance to small businesses in obtaining urgent cash loans.
A reliable partner is someone whom you can trust to solve even extremely complex problems. We have been working in the financial and credit sector for quite a long time, thanks to which we have acquired thorough knowledge in this area, experience in implementing large projects, and strong partnerships with large banks. We value our reputation and are proud of the trust of our clients. That is why business owners who are interested in receiving express business loans in cash come to us every day - for development, implementation of new projects or for other purposes.
How easy is it to get a business loan?
To become our client and get help in obtaining a loan, follow three simple steps:
- Leave a request on the website or by phone.
- Discuss with the company’s managers the parameters of collaboration, the required amount and loan term.
- Entrust us with all the hassle associated with paperwork and negotiations with the bank. And soon you will receive the required amount!
You can ask questions and clarify the terms of cooperation right today - by phone or through the feedback form on the website.
