Investment loan for business

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The microcredit company VAYVND issues microloans to individuals online and in branches.
The microcredit company FinaGuru issues short-term and long-term online loans to individuals. The organization does not have a branch network; it operates remotely via the Internet.
Creditnice is a microfinance company operating since 2013. It specializes in loans with online processing, including to pay for purchases from partners; it also issues virtual credit cards and provides credit lines.
Creditify is a service for issuing urgent online loans to a bank card. You can take out a loan on a card from this company for various purposes. Income certificates and guarantors are not required.

What is an investment loan

An investment loan is a long-term financing of business projects aimed at the acquisition, construction or modernization of expensive fixed assets.

Who needs an investment loan

This type of lending is suitable for legal entities and individual entrepreneurs who want to open a new business, expand production, purchase or build real estate, buy transport or equipment. Money is issued for purposes that will not pay off soon, but serve as the basis for conducting business and making a profit.

Conditions for obtaining an investment loan

An investment loan has a number of features:

  • Individual approach to each client and taking into account the specifics of the activity
  • Pledge of purchased or already acquired property
  • Large loan amount reaching several hundred million rubles
  • Long loan term up to 10-15 years (there are shorter-term programs for 3-5 years)
  • Form of issue – lump sum payment or line of credit
  • Targeted lending, it is necessary to provide justification and confirmation of costs
  • Applying for a preferential loan at a low interest rate due to a budget subsidy from the state (in some banks if the company meets certain requirements)

Review of the application takes a long time, up to 14 days. Also, the period is increased due to the need to register the property as collateral and carefully agree on all conditions. To submit an application, you must collect all documents and contact a bank branch.

If money is needed to open a new business, you must provide a properly drawn up and economically sound plan. In this case, the bank lends against real estate that is owned by the individual entrepreneur or founders.

Frequently asked questions and answers

How much can you get?
Firstly, it depends on the specific bank. Some set the limit at $5 million, others at 50 million $. Secondly, the maximum amount is limited by the value of the collateral. Thirdly, the company’s income and turnover are important.

How to apply for an investment loan?
First, you need to consult with bank specialists or submit an application online. In a few days you can receive a preliminary answer. If the decision is positive, you need to provide the bank with all the required documents. Review may take up to three weeks. Then a pledge is issued, a loan agreement is concluded and loan funds are transferred to the current account.

How should I repay the loan?
The repayment schedule is drawn up on an individual basis. Annuity or differentiated payments are available once a month or once a quarter. The client can also receive a deferment on the payment of the principal debt for up to 12 months. Funds must be placed in a checking account, from where they are debited automatically on the due payment date.

What can be pledged?
As collateral, the bank accepts valuable liquid property acquired using loan funds or owned by the company:

  • Real estate (residential, non-residential, land)
  • Transport
  • Special equipment
  • Equipment
  • Precious metals
  • Bills and securities
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