People's Business Loan (KUR) is an investment loan specifically for small, medium and large MSMEs. KUR is a government program in collaboration with national banking institutions.

KUR aims to improve local businesses so they can continue to grow. However, in order to build a business, don’t be surprised if you have several active loans to leverage to run your business.

So, can you apply for KUR but still have a loan? If possible, what are the methods and conditions? To answer all these questions, let's look at the discussion in the article below!

Difference between Loan and KUR

People's Business Credit (KUR) is a government-sponsored business financing program aimed at helping entrepreneurs grow their businesses. Acronymically known as KUR, it is available to micro, small, medium and MSME business owners.

Compared to other types of loans, business loans with KUR tend to have lower interest rates, making business development loans less of a burden for business owners.

A loan is different from a KUR because both have different functions. The definition of a loan is an amount of money borrowed from some party or institution for a specific purpose, such as paying bills, meeting needs, etc.

The interest rates of the loan may differ from that of a public business loan (KUR), which is often higher. In addition, other loans do not necessarily include government financing, and may come from individuals, the private sector, or certain institutions.

Can you apply for KUR but still have a loan?

Yes, you can apply for KUR, but still have active loans elsewhere. In fact, the government has regulated this policy in the Coordination of Ministerial Decree No. 11 of 2017. This regulation states that KUR debtors can still apply for KUR even if they still have active loans elsewhere.

However, there are of course conditions to meet if you want to apply for a loan. One of the common banks that facilitates you to apply for KUR with other ongoing loans is KUR BRI.

However, if you plan to apply for KUR at BRI, you must comply with the rules and conditions set by the bank. Yes, just like any other bank.

KUR application requirements and methods but still have a loan

The following are the terms and conditions for applying for KUR, but there are also loans to consider:

KUR application requirements but still have a loan

Basically, the requirements for applying for a KUR but still having a loan in each banking institution are certainly different. However, in general, the Ministerial Coordination Decree No. 11 of 2017 has stipulated the types of loans that are allowed during the application process, namely:

This government regulation also governs the types of non-KUR loans that are permitted during the KUR application process, including:

The non-KUR periods that debtors may apply for KUR include:

  • KUR from the same dealer
  • KPR (Home Ownership Credit)
  • Car Loan
  • Credit card
  • Warehouse receipt with smooth collection

If you currently have an active loan for the above products, your KUR application will still be approved regardless of the completion of your file and future review processes.

How to apply for KUR but still have a loan

After completing the above requirements, follow the steps to apply for KUR below:

1. Fill out the application form.

Before applying for a loan from KUR, the borrower must complete an application form according to the required file requirements. The application form can be obtained at the nearest bank branch office, including BRI, BNI and Mandiri.

To make it more practical, you can submit it online. online in website Each of these banks, for example, if you are at BRI, simply sign up at, then log in using your password if you already have an account, then select Register if you do not have an account.

Fill it up first. KUR Application Requirements Below before applying for a loan for your business:

  • A business owned by an individual or a natural person
  • The business has been in operation for at least six months.
  • Currently doing business at E-commerce Or motorcycle taxi platform online
  • KTP and KK
  • Business license
  • Currently, we do not accept bank loans, except for consumer loans such as Kasikorn Thai home loans (auto loans) and credit cards.

In the form, the borrower will have to fill in personal information, the amount of the loan they want to apply for, and the repayment period, so fill out the form completely.

2. Provide your business information

Have you met the requirements and completed the application form? When completing the form, you will need to record the requested information honestly and accurately, including information about your current business, as the KUR team will later conduct a direct survey at your business location and home address.

If the information is incorrect and careless, the application will be automatically canceled (or even terminated).Blacklist) As per KUR, during the survey, KUR Mantri will immediately survey the business location and then ask several questions about the ongoing business. If passed and deemed eligible for business credit assistance, the application will be accepted.

3. Prepare for the interview with KUR

In addition to business operations, KUR's instructions will also ask other questions, so prepare for your KUR interview. Answer questions honestly and firmly to gain credit.approve.

Questions are often asked about other income outside of business and outstanding loans. If you have an unpaid loan but apply for KUR, you still need to submit the loan as it relates to the borrower's ability to repay the loan from KUR.

Having information about outstanding debts will help KUR mantri assess your ability because if you can’t pay your debts, it can definitely make things worse. Credit History Later on

Tips for getting your KUR application approved even if you still have a loan

Even if you still have active credit, you can still apply for KUR and get approved using the tips below:

1. Good credit history

The first and most important tip to keep in mind is the status of your credit history. This credit history is checked through: BI audit By some banks or institutions

The goal is to see if you can be responsible in paying your existing bills. If your credit history is poor or even on the list, BlacklistThere is a high chance that your KUR application will not be approved.

2. Have complete business financial reports.

A healthy company is one that has complete financial reports. This financial report can be in the form of income statements, debt statements, and many more.

The more complete your business’s financial reports are, the greater the value of your business’s accountability or reliability.

3. Comply with administrative regulations.

Finally, understand and comply with the necessary administrative requirements. This tip is very important as missing or incorrect files will affect the evaluation and review of your KUR loan application.

Now that you understand whether you can apply for KUR but still have a loan, build and maintain your business properly by applying for KUR, which can be done according to the requirements and methods mentioned above.

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