If a person has a great business idea, but there is no money for its implementation, then do not despair. After all, you can get a loan "Trust". Sberbank introduced this offer specifically for small businesses. This is financial support issued without collateral and for any purpose. And it is worth telling about it in more detail.
General terms
So, Sberbank gives a “Trust” loan to both owners of medium-sized businesses, whose annual revenue is up to 60 million rubles, and to the smaller link - individual entrepreneurs.
The loan is issued in rubles, and confirmation of the intended use is not required. But the client cannot count on large amounts. The minimum is 100,000 rubles, and the maximum is limited to three million. The only exceptions are companies that receive a substantial share of revenue from agricultural production. For them, the maximum can be increased. Dates vary from 6 to 36 months. It is also worth noting that no fees for the issuance of a loan are not assigned.
What about a guarantee? It is needed. For individual entrepreneurs, it is necessary to obtain it from an individual. An LLC requires a guarantee from an LLC owned by the borrower. Or from the owner of the business. Such requirements are presented for collateral.
Interest rates
They should be noted by attention, telling about the credit “Trust” of Sberbank. Offered 18.5% per annum. For a separate category of repeat borrowers, they are reduced to 17%.
That is, if a person takes on credit the maximum amount (three million) for 1096 days, then a year he is charged 555,000 rubles as a debt. For the full term, therefore, he will have to pay 1,665,000 rubles as interest. The owner of a good, profitable business usually pays for these funds faster than in three years.
Borrower Requirements
So, the conditions of the “Trust” loan from Sberbank were briefly described above. Now a few words about what requirements a borrower should meet. There are few of them:
- Age from 23 to 60 years.
- The status of a business owner, a member of an LLC with a maximum participation interest or individual entrepreneur
- The term of business is at least 6 months.
There is an amendment regarding the last paragraph. For some activities, the period has been extended to 18 months. This applies to firms engaged in wholesale trade, freight transportation, repair of premises, cleaning and construction and installation works. But there are also areas for which the term has been increased to 24 months. This applies to manufacturing and construction companies.
Information for small business owners
Sberbank can provide a “Trust” business loan only after the organization’s management has available to the applicant the documents necessary to complete the service. So, here is what you need to present to the owner of a small business:
- Profile. It is filled by a bank employee at the client.
- Passport of a citizen of the Russian Federation.
- Residence permit.
- A registered certificate or military ID. Only for men under the age of 27 years.
- Certificate of state registration of legal entity.
- Passports of the head and participants of a small business.
- Charter registered in the manner prescribed by law with amendments and additions. Only in the current edition.
- The minutes of the general meeting of members of the enterprise. Or an independently certified decision if the applicant is the sole owner of the company. Both documents are needed to confirm that the company draws up a loan openly, and all participants, including management, discussed this.
- Order on the appointment of the chief accountant.
- Certificate confirming tax registration.
- Extract from the list of LLC members. It is valid only 30 days, so it must be issued last.
The decision as to whether to issue a Trust loan to this LLC is taken by Sberbank within three business days.
For individual entrepreneurs
A Trust loan in Sberbank for an individual entrepreneur is issued after receiving a much more modest package of documents than in the case of an LLC. He needs to present the papers of an individual (mentioned above) and the following:
- Certificate of tax registration.
- Extract from the registry.
This is a complete list, nothing else is needed.
Other documents
Absolutely all applicants, without exception, must submit financial documents. Without them, the Sberbank trust loan for individual entrepreneurs (as well as for the LLC) does not provide. Therefore, it is necessary to submit financial statements (with a mandatory seal on the acceptance of it by the tax authority) and a document confirming the payment of the fee.
In addition to the mentioned papers, additional ones may be required. For example, documents on business activities. They represent a license, which is necessary in some areas. Representatives of construction companies, for example, need a certificate of admission to work of this nature.
And also, if a company or individual entrepreneur rents a room for its activities, then it is necessary to provide a lease / sublease agreement. Or a certificate of ownership.
By the way, if the guarantor submits the paper, then, in addition to the passport, registration and military ID, he will need a certificate of registration and a certificate in the form of 2-personal income tax for at least the last three months.
Getting a loan and servicing
Now it’s worth saying a few words about the order in which Sberbank provides Trust for small businesses and small businesses.
Within three working days from the date of submission of all necessary documents, a decision is made. If the application is approved, then the money is transferred to the bank account of the individual entrepreneur or legal entity. However, there is a second option. Money can transfer them to the account on the deposit of individuals. But only to those who own the business.
What about repayment? You need to pay the debt monthly. Here, too, there is a choice - either annuity payments, or equal shares. Early repayment is also possible. And for this they do not charge commissions. But for the untimely transfer of funds will have to pay. The penalty is 0.1% (daily accrued until the debt is paid off) of the amount that the borrower has overdue.
Feedback and guarantee
This is all the necessary information that a person who wants to get a Trust loan from Sberbank should know. Reviews are the last thing I would like to talk about. It is the comments of real customers that make it possible to verify whether everything is actually so convenient, as the description says.
People say that it is very difficult to arrange such a loan at Sberbank. No collateral is required, but they pay special attention to the study of business documents. And guarantors are considered for a very long time. Because of this, the decision-making processes for granting a loan are delayed for a month, and sometimes for a longer period.
By the way, even the act on the guarantee, Sberbank is scheduled for 11 pages. And it is enough to pay attention to clause 4.3 to understand why representatives of this financial organization have been considering candidates for so long. It says that if the borrower is past due with payment of the debt, then the bank sends a notification to the guarantor, on which the obligation is transferred to pay the accumulated interest and the penalty. Paragraph 4.4 says that the guarantor does not have the right to refuse this. It is logical, because he signed a contract in which this was mentioned.
And in paragraph 4.6 contains information that states that all obligations of the borrower, without a single exception, are passed on to the shoulders of the guarantor.
In general, even so much interest is not shown to the applicant. By the way, people who are faced with this problem say that the organization, even to its customers (those who have long been serviced at Sberbank), may refuse to issue a trust loan if the guarantor does not arrange it. And guessing with the candidacy is difficult. They even refused the applicants whose guarantor had a car, decent work and several real estate objects.
And yet, if you want to avoid such problems during registration, it is better to immediately go for a loan to the office in the largest city. If it is possible of course. According to reviews, customers in cities are less likely to be denied than those who applied for loans in smaller cities.