Investment Credit : See Understanding Until How to Submit

  Credit is one of the banking services or other financial institutions that are often targeted by the public. Because, you can use credit for needs, needs or buy something with a large amount of money.

As the name implies, you can pay it with credit per month within a certain period of time that has been determined from the beginning with the approval of the bank or financial institution with the customer.

Investment Credit

Generally, this credit facility is intended for anyone who wants to spend monthly with a credit card, buy a vehicle, a house with home ownership credit (KPR) or other property, and also a business loan.

However, credit services are not just that. The public needs to know that banks also offer investment credit facilities.

So, what is investment credit?

For those of you who do not know, see the following review about what is meant by investment credit to how to submit it to banks that have been summarized from various sources.

What is investment credit?

Of course, you will assume this investment credit for investors who lack investment capital. But, the definition of investment credit is capital in the form of money given by banks to borrowers for various business purposes.

With this investment credit, you can build or expand a company or business such as convection or large factories for the purchase of assets ranging from land and buildings, machinery and raw materials, production processes with long-term payment systems up to 10 years more than the results of the business.

For business people who apply for investment credit loans can get credit opportunities ranging from Rp100 million to Rp40 billion.

Not only for large entrepreneurs, but this investment credit applies to business people ranging from micro, small and medium (MSMEs) with the aim of developing their business.

Difference between Investment Credit and Working Capital

Meanwhile, working capital loans are loans from banks to customers that are used for the addition of goods, business development, debt payments, employee salaries and others.

Customers who apply for working capital loans can repay them in the short term. When a business or business has received results or income, it can immediately pay off debt and interest on its credit.

Characteristics of Investment Credit

Simply put, you can focus on some of the following characteristics of investment credit:

• Used for business capital or business
• Is producttiv because for repair, addition of goods or assets
• Pseudo R/R credit system (taking at once)
• Have careful planning
• Forming long-term credit
• Financing borne by banks is 65%, the rest is from business finance. For example, you want to buy a production machine for Rp70 million, then you can get investment credit from the bank of Rp45.5 million and Rp24.5 million borne by the company.
  

 General Terms of Investment Credit Application

For those of you who want to apply for investment credit, there are general requirements that need to be known and prepared from the beginning, including:

• Identity (KTP, DRIVER'S LICENSE)
• Deed of Establishment of Business Entity (If in the form of a business entity)
• Photocopy of the current 3 months of newspaper account
• Legality of business (SITU, SIUP, TDP, NPWP or Business Certificate)
• Have a Feasibility Study
• Maximum loan of 15 years
• Agree to various provisions to guarantee business to the bank
• Agreeing to the fee incurred by the bank is only 65%.
  

Feasibility Study

For business people who apply for investment loans, of course, they must prepare a feasibility study of the company. Feasibility study is the result of business analysis and evaluation to determine whether business development is good and worthy of an injection of investment credit funds.

Feasibility study can be seen from the estimated cost, benefits obtained and others. Meanwhile, the stages in making a feasibilitu study so that the investment credit you apply can be accepted or approved by the bank, among others:

• Project idea discovery
• Collection of detailed and clear data and information
• Do the processing and preparation of neat data
• Evaluation of efforts
• Decision making from the evaluation results
• Develop a business implementation plan
• Start planning
  

Methods of Paying Investment Credits

You also need to know, if this investment credit has 3 methods or ways of payment, among others:

1. Term Loan: pay in stages or installments or installments
2. Term Loan Grace Period or TLG: pays only for credit interest only. While the principal credit will be paid upon entering the Grace Period
3. Term Loan Principal or TLP: using an installment system whose amount each month is always the same and the amount of interest will be set from the amount of ourstanding.
   

Leverage Investment Credit for Business Advancement

Anyone who has a business or business certainly wants to progress and succeed. To achieve these expectations, of course, as a business owner must devise the right strategy. In addition, products and marketing, additional capital support for machine upgrades, purchase of raw materials and so on are certainly very necessary. You can take advantage of this investment credit service for business progress as expected. On the other hand, you also need to manage business finances smartly.