Paul Chaney Business

Posts Tagged ‘business principle’

Want to develop business? You definitely need a capital. There are many sources that can be found. As of close friends, parents, cooperative, or a bank.

But that need to be remembered, there must be a borrowing requirement of funds and cash loans which always accompany it. Well, if you want to borrow capital from banks, this is his tips:

Banks will assess in accordance with principles 5 c, the character (the character), capital (equity), collateral (security), capacity (capacity of the business), and condition (operating condition).

For the character, the things that visits include a commitment that built the business, business records, such as suppliers, customers, and banking history. Banks will see if your business never has a history of troubled loans or not.

In terms of loans and cash loans, banks look at the capital needed for business. Ayu said, the bank can not provide 100 percent financing to businesses who filed the capital. There must be self-financing (capital of myself), does that come from paid in capital or accumulated profits into capital.

This capital, among others, viewed from the composition of ownership that anyone, who the dominant currency, and who the loan capital fund management business and the cash fund. This is important, because by knowing who is in control of this capital, the bank will know how to run a business continuity in the future.

Towards the capital loan fund these efforts, the capacity of the proposed business is also a supporting factor. Bank, among others, will see sales revenue, cost structure, cash flow, the velocity of charges and fees on income.

Banks lend capital operating funds, with the meaning of these banks also want the general sustainability of the return of capital. In preparing the proposal, the capacity of the proposed business is a very important status.

For the views of business conditions is usually permissions. micro-businesses typically, these permits can be from the district or sub district.

To guarantee what can be guaranteed, there are two types of collateral that can be used as collateral, ie, the intangible, such as equipment, machinery, vehicles, buildings, or loan guarantee land. While for operating funds and cash funds that is intangible, such as personal or corporate guarantee such warranty is given credit insurance.