Rarely businesses that can grow up without the involvement of bank loans. In terms of the entrepreneur, speed and enlarge the scale of your business with capital support from banks. But how to get the right timing to get credit from banks, especially credit property. Here are simple tips.
For those of you who want to make a property purchase loans in the bank, or working capital, there are many things you should know. Terms include the ability of the debtor, credibility and collateral
The ability of the debtor.
The ability of the debtor is a major prerequisite, because the banks expect loans to be normal, and did not stop in the middle of the road. In looking at the ability of borrowers, banks will see a massive amount of income and expenditure. One is the account mutation to assess consumption patterns.
The most important thing in computing capability, known as Debt Buren ratio, or debt ratio tehadap income. Generally, banks set the third, although it does not mean nothing is loosened. In this formulation the bank sets, the entire installment to income ratio of take-home pay can not exceed one-third.
In addition based on the recognition of borrowers, banks can also checking into the data center in the Bank. The data center will menyajuikan clearly debtor history, credit status, loan size, the amount of the mortgage, and credit quality, whether current or have problems.
Credibility
It depends on the track record of borrowers in dealing with banks. Traced from internal bank checks, also based on a blacklist issued by Central bank data, the Association of Credit Card Issuer, or of managing credit cards such as Visa / Mastercard.
For those of you who are not credible because of poor credit quality, do not expect to obtain any credit from the banks, before your credibility issues resolved.
Collateral
Bank is not a pawn shop or auction institution, so basically the banks do not like to take over the collateral. In addition to the cost of acquisition is quite large, the stage is also very time-consuming and labor intensive. However, the collateral value becomes very important for the bank as a "second way out" if the debtor defaults or default turns.
Collateral value is usually determined by the independent appraiser pertugas bank or appointed. Collateral value is determined from the administration requirements Certificate, building quality, strategic location, fast-slow resale. Generally, banks did set a specific size for the width of the home to be financed, is associated with the value of the collateral if the bank was forced to take over.
Down Payment
Many have questioned why the Bank is often requested Down Payment (DP) in large quantities (typically 20% of new homes and 30% secondary home / second home). DP helps banks in two ways. First, the initial bond that creates a "sense of belonging" to the debtor, the debtor's ownership is expected to be trying hard to credit is not easily ignored and become stuck.
Second, the DP became a buffer for the bank if the loan defaults. As we know, when a bad credit, the bank is not easy to re-sell, because selling the property it takes a long time, not to mention the costs of the bank's acquisition of the house as collateral is also not small. With the DP is expected when the bank sells the house back,, the sale could cover the remaining debt and costs incurred during litigation or takeover.
Well if you have a business, and want to enlarge the scale, do not ignore the three items above. And be prepared to be a great business in the future.
For those of you who want to make a property purchase loans in the bank, or working capital, there are many things you should know. Terms include the ability of the debtor, credibility and collateral
The ability of the debtor.
The ability of the debtor is a major prerequisite, because the banks expect loans to be normal, and did not stop in the middle of the road. In looking at the ability of borrowers, banks will see a massive amount of income and expenditure. One is the account mutation to assess consumption patterns.
The most important thing in computing capability, known as Debt Buren ratio, or debt ratio tehadap income. Generally, banks set the third, although it does not mean nothing is loosened. In this formulation the bank sets, the entire installment to income ratio of take-home pay can not exceed one-third.
In addition based on the recognition of borrowers, banks can also checking into the data center in the Bank. The data center will menyajuikan clearly debtor history, credit status, loan size, the amount of the mortgage, and credit quality, whether current or have problems.
Credibility
It depends on the track record of borrowers in dealing with banks. Traced from internal bank checks, also based on a blacklist issued by Central bank data, the Association of Credit Card Issuer, or of managing credit cards such as Visa / Mastercard.
For those of you who are not credible because of poor credit quality, do not expect to obtain any credit from the banks, before your credibility issues resolved.
Collateral
Bank is not a pawn shop or auction institution, so basically the banks do not like to take over the collateral. In addition to the cost of acquisition is quite large, the stage is also very time-consuming and labor intensive. However, the collateral value becomes very important for the bank as a "second way out" if the debtor defaults or default turns.
Collateral value is usually determined by the independent appraiser pertugas bank or appointed. Collateral value is determined from the administration requirements Certificate, building quality, strategic location, fast-slow resale. Generally, banks did set a specific size for the width of the home to be financed, is associated with the value of the collateral if the bank was forced to take over.
Down Payment
Many have questioned why the Bank is often requested Down Payment (DP) in large quantities (typically 20% of new homes and 30% secondary home / second home). DP helps banks in two ways. First, the initial bond that creates a "sense of belonging" to the debtor, the debtor's ownership is expected to be trying hard to credit is not easily ignored and become stuck.
Second, the DP became a buffer for the bank if the loan defaults. As we know, when a bad credit, the bank is not easy to re-sell, because selling the property it takes a long time, not to mention the costs of the bank's acquisition of the house as collateral is also not small. With the DP is expected when the bank sells the house back,, the sale could cover the remaining debt and costs incurred during litigation or takeover.
Well if you have a business, and want to enlarge the scale, do not ignore the three items above. And be prepared to be a great business in the future.
