Paul Chaney Business

Posts Tagged ‘loan’

Currently a lot of customers who apply for credit for the cost of borrowing if that house (study model of House), education, project costs, up to capital. Creditor noticed a number of important indicator when considering the request for a credit card or loan you fund. These indicators are influenced by how you manage your loan earlier.
In addition to ensuring that you meet all the requirements needed for applying for loans, banks or credit institutions will also refer to a database containing personal data and status information loan .Bank borrower or credit institutions can know the status of your loan from the information contained in databases that contain data and the borrower’s credit cardholders are owned by financial institutions.
This information may include payment history, number and type of account you have, the number of delayed payments, the total bill and the longer you have accounts. By help of this information they can analyze your credit application properly.
So, when do the loan application, you should have a positive record of what is called the Character 3C (Note the behavior of customers in managing credit), Capacity (capacity to make payments) and Collateral (Collateral held).
Credit Scoring
Credit Scoring is a system used by banks or other credit institutions to determine whether you deserve a loan or not. This system is even more important when you are applying for loans without collateral, including credit cards.
Credit Scoring is a compilation of information about you taken from your loan application data and using statistical program, creditors compare your information with the performance of other customer loans with the same profile.

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.

Management of financial resources by the beginning of the planning needs of the bank funds, fund sourcing and oversight of the funds available. Realize the debt to the people (customers) in this case the debtor is a high risk activity. Because the bank must be able to analyze and predict a capital loan application in order to minimize the risks contained in the grant or loan disbursement. The formulation of research problems is how the influence of the fund management business lending productive?. The purpose of this study is to determine the effect of the fund management business lending productive.

The primary data obtained from the object of research, data management and lending funds productive capital that is taken for five years starting in 2003, 2004, 2005, 2006 and 2007. While the analysis of data using multiple linear regression and linear regression determiners. Similarity obtained in this study is Y = 5638 +1.278 (x) is interpreted: Constants for 5638 states that if not provide business loans productive, the management of funds amounting to USD 5638 million.

Regression coefficient for 1278 states that each additional USD 1, – management of funds will increase the productive business loans amounting to 1278 million, but on the contrary, if the revenue fell by USD 1, – then the predicted productive business loans decreased by 1278 million Coefficient of determination = 90.30% means that the variance that occurred on productive lending variable (y) equal to 90.30%, determined by the variance that occurred in the fund management variable (x). This means the influence of productive lending to the management of funds of 90.30% while the remaining 9.70% is determined by other factors that can not be predicted (not described).

Now there is also the conventional ways used to obtain capital loan fund for your first business. Condition that you must have a clear business model or, to the time the loan is determined to keep. The  way is:
1. Sell used goods, regardless of the former and selling unused passable only, than simply making a narrow homes only, better at selling it as a business capital, sometimes we are too afraid ‘lest this item later used’, but ultimately was never unused, in consequence of the used goods only become a better home for your business capital.
2. Working together with friends, find friends who roughly have the capital but still confused on where it will be their capital. Now they invite coalition, in condition you must have a clear business model, so that later you are confident in this business.
3. Lending to the Bank, it looks like it’s been a lot of banks are either state-owned and private sectors who are willing to provide loans for the people. Well why not use bank loans for capital needs of your Small Business.
4. Borrowing from the village. Usually in village official often attached loan info for the type of small and medium scale businesses. Try to use the information for your business needs.
5. Loan cooperatives. If you are a member of a cooperative society, why not just use your rights as members of cooperatives to make loans as business capital Business for your Easy.
6. Lending to friends, borrow capital to your friends 25% of its total, and it can wear the rest of the existing capital. Ask a collaboration with friends who lend capital.

In the launch business and also expand the business. Of course we need the capital that is not small. One capital resources can we use is borrowed at the bank, to obtain capital loan from banks is not as easy as it seems. The following tips for getting a loan from the bank capital.
1. consistent to be a good person
2. Acquainted with many of those banks
3. Introduce your business or business lead
4. Maintain relationships with relevant colleagues
5. Continue to develop the business or the business being undertaken
6. Property savings banks use collateral for loans
7. Keep your business transactions using the banking
8. Asking a lot of credit to banks
9. Use the money you earn capital loans with a caution.