Before applying for an investment loan, it is necessary to develop a detailed business plan, which will reflect information about the project, its goals, development strategy, competitor analysis, marketing plan and financial forecasts. Investors are interested in projects that have potential for profit and a well-thought-out strategy.
An investment loan is a special type of banking product, distinguished by the fact that the person applying for it has a clearly developed project for using borrowed funds.
An investment loan has the following features: Long repayment period. Most investments do not imply immediate repayment. A certain amount of time is required for the full implementation of a strategic project, which is reflected in the business plan (project).
Targeted focus. Investments involve investing capital in a specific project that requires financing. This type of placement of funds implies not only the expansion of activities, but also their qualitative change for the better.
Scalability. It is impossible to take out a bank loan for an insignificant amount, justifying the need for it with investment considerations. The project must include three main sections:
analysis of the current financial condition of the enterprise applying for investment lending; the essence of the project (its economic meaning);
calculation of the projected profitability after the implementation of the investment project.
Based on the nature of the intended use of the loan, its belonging to one of three main types is determined.
The standard criteria by which a bank issues a regular financial loan are supplemented in this case by some specific requirements. Since we are not talking about small amounts, the need for , which reveals the purpose of the project, comes first. In addition, the following studies are necessary: Marketing analysis confirming the possibility of implementing the business plan.
Agreements with partner companies that can ensure the technical feasibility of implementing the plan. Availability of free working capital that allows covering operating expenses and current costs. This is the so-called down payment (from a quarter to half of all planned costs).
Availability of collateral in personal ownership or as part of the authorized capital. Standard requirements are imposed on it: problem-free liquidity and market value exceeding the amount of debt. It is desirable that the entrepreneur has already implemented at least one investment project - this experience can affect the favorability of the decision and the terms of the loan.
The features of investment loans include the repayment period, which almost never exceeds ten years. It is also necessary to take into account the bank's cautious attitude towards applications for refinancing projects. If the borrower was unable to repay the initial loan, then the estimated yield ultimately did not meet expectations. At least, this is the conclusion that suggests itself.
To successfully obtain an investment loan for your project, you need to carefully prepare, develop a quality business plan, find suitable investors, submit an application, undergo a project assessment and conclude an agreement. Compliance with all stages and a professional approach will help you obtain financial support to implement your ideas and achieve success in business.
