Modern banks offer various types of loans. Each of them has its own design features and conditions. So, in the bank you can get a tender loan. Officially, such a concept does not exist in the law, it is a phrase of colloquial style. But since unofficially there is still such a term, it should be analyzed in more detail.
Definition
Tender loan is a loan option provided to bidders, tenders, and tenders. It is used for government needs. Such loans are issued only by official credit institutions - banks. They are used to facilitate the participation of firms in tenders.
A tender loan has its own characteristics and conditions. And in order to choose a suitable program, as well as a financial institution, it is advisable to consult with a specialist. Then it turns out not to make many mistakes.
Types of lending
The current classification of lending methods is very large, but they are mainly divided according to certain criteria.
By frequency:
- A one-time loan. It is provided when the participant can use the money at a particular auction.
- Permission to renew line of credit. This option is great for regular purchasers.
Depending on the work:
- Loans for work performed. They are used in the construction industry when a contractor is needed to fulfill a contract. If there are no procurement materials, then the contractor takes a loan under the act of completion. The contract is drawn up between the creditor and the contractor. It indicates that the payment will be after the end of the activity.
- Tender loan for contract execution. Such loans are provided after the victory of the borrower. Under the contract, you need to pay the security of the application in the amount of 30% of its price.
Directions
A special loan is issued to those who want to finance an application at an auction or competition. Russian banks operate in 3 areas:
- Bids for auctions are credited. This area includes state and commercial areas.
- Granting loans to entrepreneurs and legal entities who want to become participants in a tender for the execution of a state order.
- Crediting of acts of work performed by contractors with whom a contract is drawn up.
Why do I need such a loan?
Tender loans are needed in those cases when an organization is unable to withdraw financial resources from circulation without consequences to participate in tenders and auctions. Such events provide an opportunity for companies to receive large orders and close deals.
It often happens that the company has the necessary mechanisms for fulfilling the order, but the problem is the lack of free money to pay the secured contribution. Many have a need to participate in several events. Paying a security deposit, the tender participant freezes working resources for several months.
Tender loans are needed for the development of small and medium-sized enterprises. They can participate in several competitions without stopping their work, as well as without withdrawing funds. And the organizing company gets the opportunity to increase the list of service providers and choose a partner that meets all the conditions of the contract.
Request
Tender loan applications are submitted in stages:
- Leaving an application.
- Communication with the manager.
- Sending documents.
- Obtaining approval.
- Bill payment.
Money is credited to the account on the electronic trading platform. Loans are issued in national currency.But they are provided in dollars or euros. Much is determined by what currency will be used to write off money when participating in the tender.
What's next?
Over the next 30 days, applications will be accepted. After that, another 30 days are allotted for the decision. By the way, to take part in the tender, you need to pay 5%, providing your candidacy. By this action, the company confirms its solvency and desire to make a deal.
In some cases, the firm is forced to take part in several auctions. And when paying a security deposit on one of them, the working capital of this company will be frozen in the account. In such a situation, a tender loan comes to the rescue, which can be attributed to additional financial instruments that can provide assistance.
Where to get?
A tender loan can be issued at a bank or through a loan broker. In the first case, many issues will have to be solved independently, which is quite problematic. You will have to go to the bank where such services are provided, choose the appropriate program and get down to preparing all the necessary documents.
If you turn to a broker, he will select the appropriate conditions and take upon himself the hassle of registration. These specialists receive payment for their work from a banking organization.
Conditions
Typically, a tender loan is received at a rate of at least 14%. But the final rate directly depends on the amount of the loan and the period for which it is taken. Application review period - no more than 2 days.
The first tranche of the loan passes quickly - the day after the execution of the contract. If a legal entity needs to reduce the package of documents, then you should contact a broker.
Different amounts are provided to borrowers - up to approximately 10 million rubles. The term also varies - up to about 12 months. As a rule, a guarantee is required.
On the security
Tendering with a loan often requires a security deposit. This is a requirement for commercial loans at banks. If this condition does not suit you, you need to contact a credit broker, as you can find banks that do not require collateral.
But in general, the decision to grant a loan depends on the size of the loan, accounting reports and documents for profit. If the company has been working for a long time, there are profitable projects, that is, the opportunity to avoid making a deposit.
Tender loans from Sberbank
Tender loans can be obtained at many banks, but Sberbank holds the leading position in such services. The rate is selected individually, but it is in the range of 14-21%. Loans up to 3 months are available.
You can get a tender loan at Sberbank yourself, but there is another option - contact a loan broker.
It should be said that Sberbank itself does not issue such loans, but it owns a special system designed for these purposes. It is called Sberbank-AST. Such loans are based on specialized electronic platforms. Tenders are considered borrowers. Sberbank works with other financial organizations, and therefore, such a service is performed together.
Sberbank Programs
To ensure the provision of the above services, the banac has 2 types of programs:
- Lending. It will be possible to draw up with him up to 9 million rubles for a period of up to 2 months. Consideration of the application is fast - about a day. And registration lasts up to 3 days. The rate is 14-21%. Sberbank takes a commission of 1.5% of the contract price.
- Microcredit. An amount of up to 500 thousand rubles is provided, and the terms are up to 2 months. The decision is made within 1 day, and registration takes two days. The rate may be between 16-22%. The commission is 2%.
If there are no funds to participate in the tender, then obtaining a loan will be the best solution. It is only necessary to choose an acceptable program that will meet all your requirements.