To get business capital, you can do a number of things. Besides tightening your seat belt.”Bootstrapping” You can get business capital by applying for a loan from a bank. One of the bank loan products that can be used to raise business capital is an investment loan or Investment loans–
Understanding investment loans
Investment loans Or investment loans are bank loans that can be used to finance business investment projects. Whether it is building a new factory Buy a new machine commercial building repairs, etc. This credit is usually applied to assets purchased or repaired as collateral.
The specified term and loan period offered in this investment loan program vary according to the bank's policy. For example, Bank Mandiri offers investment loans with a specified ceiling of IDR 500 to IDR 25 billion with a term of The maximum term is 10 years, while Bank BCA offers investment loans with a more flexible specified ceiling with a maximum term of 12 years.
Investment loans can include retail loans or corporate loans. (depending on the type of borrower customer) based on the Basic Loan Interest Rate (SBDK) for commercial banks in Indonesia as of March 2024. Interest rates for this type of loan range between 5.75% and 14%, depending on the type of customer and the policies of each bank. Please note that the prime borrowing rate calculation does not include risk premiums for individual clients. The higher the customer's borrowing risk, the higher the risk. The higher the interest rate that the customer must pay.
Investment loans are different from business equity loans or public business loans. These last two types of credit are often used for company operations, such as paying employees or purchasing raw materials. As a result, both business equity loans and public business loans (KUR) tend to have lower specified ceilings and shorter maturities.
Investment loan functions for businesses
1. Help the company's business run smoothly.
You can use the funds from investment credits to purchase machinery and equipment. that are necessary for the smooth operation of the company. For example, you have a turnover company that needs several new sewing machines to meet consumer demand. with this credit You can buy a number of these machines. And your business operations will not be disrupted.
2. Accelerate the expansion of the company
Does your company need a new factory? Or as a housing developer, do you want to buy land and build a house in a new area? Investment loans are the solution. With a larger loan amount and a longer loan period. Investment loans are suitable for companies that want to purchase large amounts of fixed assets for long-term investment.
on a larger scale Investment loans are one way for governments to stimulate the economy. With easier access to this type of credit and lower interest rates, companies will be able to expand more. Ultimately, this will affect employment levels and the country's economy in general.
Conditions for applying for investment loans
Of course, the conditions for applying for this loan vary from bank to bank, but in general, the conditions for applying for an investment loan are:
Customer requirements:
Personal customers:
- Over 17 years old or married
- Indonesian citizens with a residence card
- Never violate legal or moral norms.
- The company is not in bankruptcy or has filed for bankruptcy.
- The collection status is smooth.
Business corporate customers
- It is a company with a legal entity in Indonesia.
- Used for production purposes
- It complies with the company's regulations and does not violate the law.
- The company is not in bankruptcy or has filed for bankruptcy.
- The collection status is smooth.
Document requirements
Individual customers
- Copy of KTP of the applicant and spouse
- loan application letter
- Copy of marriage certificate/divorce certificate (For those who are married/divorced)
- Copy of savings/current account statement
- Copy of marriage certificate
- Copy of the applicant's NPWP
- Copy of business license such as TDP, SIUP or NIB.
- Copies of collateral ownership documents such as SHM, SHGB, etc., depending on the type of asset being collateral.
Business corporate customers
- loan application letter
- Copy of savings/current account statement
- Copy of the applicant's NPWP
- Copy of business license such as TDP, SIUP or NIB.
- Copy of the legal entity establishment deed and amendment deed
- Copy of KTP of Business Entity Management such as directors and commissioners
- Copy of collateral ownership documents such as SHM, SHGB, etc.
In addition to the above conditions Some banks may require additional conditions as well. Examples of BNI Bank investment loans, which require customer companies applying for the credit to have been in business for at least three years. For more information on the requirements for this credit, please visit: Please contact the branch office of each bank.
How to determine investment loan needs for a business
This is because the required ceiling is large and the lifespan is relatively long. The need for investment credit for businesses must therefore be carefully calculated. Here are several things you should consider when determining the size of the loan you receive from this source:
1. Use of investment funds
Before applying for this type of loan You must first determine exactly what you will use your investment for. This will relate to the collateral and potential profits you will receive from the expansion or renovation using debt.
2. Capital costs
In addition to debt, you can also get additional funds from investors' investments. Therefore, determine the proportion of debt and investment to finance the project. Capital cost analysis (capital cost– The aim is to ensure that you can choose the safest and most profitable source of funding for your business.
3. Facilities provided by the bank
As mentioned above The facilities provided by banks vary according to the policies of the banks. This facility includes the size of the interest rate. maximum duration Maximum ceiling or limit and grace period Visit each bank's branch office for more information.
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