CREDIT FOR BUSINESS without bail

Credit for businesses without security, even though quite unprofitable, is the most popular loan product for business. Responsibility in the form of collateral, of course, no one does not want to bear, especially representatives of such forms of ownership as:
JSC.
JSC.
LTD.
where there is a pre-agreed share capital, in which the owners and shareholders are liable to the banks, credit organizations and other entities. And in the case of inability to pay the loan (bankruptcy) of the authorized capital will be given to banks, although its amount is usually much less than the cost of the loan.
Consider the basic parameters of unsecured loans for business:

1) The purpose of this loan is usually:
Replenishment of working capital.
Purchase of vehicles, equipment, real estate, etc.
Access to new markets, as well as expansion and production activities.
Update and increase the main production facilities.
Modernization.
The increase in jobs, etc.
2) the form of cash is usually serves as one kind - cash or credit.
3) The amounts, interest rates and terms (Middle Market) - about the following:
Loan amount - 500 000 - 3 000 000.
Interest rate - 17.5% - 18.5% per annum in rubles.
The loan terms - not more than 24 months (2 years).
4) Material security is, of course, is not required.
Basic requirements for the business and the borrower.
Business should be stable, bringing a regular (documented) income to be successful in the market for at least one year.
Area business borrowers should be within the service of the lending bank (including its affiliates and representations). Distance to the nearest point of the bank should not be more than 150 km.
In any bank must have a valid checking account of the borrower, as well as maintenance on this account money turnover of more than 50% of the required loan, which is confirmed by the necessary documents.
Among the mandatory expenses of the borrower should be noted:
Commission - 0.5% of the total loan amount, which must be paid on the day of receipt of funds one-time payment.
Fee for credit and opening accounts.
Repayment of the loan must be implemented monthly annuity payments, but seasonal employment business may agree with the Bank of individual monthly repayment schedule. Also there are various deferred for up to six months. Repay the loan early can anyone without any penalties and fees.
In conclusion, it should be said that the loan without collateral for business more convenient, easy and safe for borrowers, but interest rates here will always be higher, as banks are additional risks.
Application is to obtain such a loan shall be considered within three working days, and a final decision is taken after 7-14 days from the date of delivery of the full set of documents.