Many enterprises participate in tenders to reach a high level of profit. Today, almost every company can get a state contract. Only the customer must have confidence that the winning company will cooperate with him, as well as all work will be completed on time and efficiently. Often, additional costs are required, and then you need to take a loan to fulfill the state contract.
Working conditions
In order for the customer and the company to cooperate, the following conditions must be met:
- guarantee of signing a document: for this the company provides a bank guarantee or take a tender loan ;
- refund of advance payment if obligations are not fulfilled;
- the company must have the right amount of money to implement the necessary plans.
Contract features
A loan for the execution of a state contract is a type of loan issued by a bank to legal entities. The need for it arises from winning the competition. Received money is required for:
- order fulfillment;
- salary payments;
- payment for services;
- purchase of equipment, tools.
Compared to a regular loan, a loan to execute a government contract is quick. For a short period, the application is also considered. Decision time may be extended, but this rarely happens.
Opportunities with a loan
A loan for the execution of a state contract opens several possibilities:
- work on several projects;
- not to use working capital, but to direct them to improve the activities of the company;
- replenish domestic assets artificially;
- increase the competitiveness of the company by fulfilling government orders.
Credit Terms
Money can be provided in the form of a classic loan with interest or as a line of credit. Those who wish should open a current account, as well as provide a document on the organization of the tender, where the applicant is indicated as the winner. In order for a loan to execute a government contract at a bank to be issued, several conditions must be met:
- enterprise operation for more than a year;
- lack of debts from suppliers and banks;
- positive reputation;
- experience in performing at least 1 state order.
It is often required to provide a security deposit. This may be securities, real estate, raw materials. It is also important to have at least 2 guarantors who can be business owners, heirs or co-founders.
Loan options
Money is issued in rubles based on the following parameters:
- the amount of 1-50 million rubles;
- delivery period - contract validity period + month;
- payment rules are set individually;
- the rate is from 14% per year.
A loan to fulfill a government contract is considered an effective tool. If used correctly, it will help to increase profits, as well as facilitate winnings in future tenders. If a loan is granted to execute a government contract without collateral, then additional conditions may apply.
Features of this type of loan
Typically, winners of the UAEF need funds to fulfill their obligations under the contract. Spending may amount to thousands and millions of rubles. Therefore, you must first calculate which method of collateral and fulfillment of obligations will be chosen.
If the conditions of the document are not met, then fines are imposed, which negatively affects the development of the company. It is important to fulfill all obligations on time and according to the rules.
List of documents
To use the loan, you must prepare:
- constituent documentation;
- financial statements for the year;
- management financial reporting;
- tax certificates;
- information about the pledge;
- data on the performance of such obligations;
- documents with counterparties;
- other important documentation.
Only when this list of documents is provided, will a loan application for the execution of a state contract be considered. Sberbank offers to take advantage of the advantageous offer. The rate is from 11.8%, and the maximum amount is 600 million rubles. The loan period is 36 months.
Many Russian banks offer a loan to execute a state contract. VTB 24 draws out long-term profitable loans and large amounts.
Borrower Verification
Sometimes a field check is required at the place of work of the person who filed the application. Be sure to analyze the credit history, financial opportunities. Only then is a decision made whether to provide the borrower with funds.
Usually money is issued on a common basis, when you need to provide a deposit, indicate the purpose. If you arrange a loan for the execution of a state contract, then the property rights of the document are put forward as a pledge.
Decor
The procedure for concluding a contract is similar to the standard one. Registration will allow you to participate in state orders if there are no large sums of money. Disbursement of funds will help to implement many plans.
A company that has 1 million rubles can complete a deal with a state customer in the amount of tens of millions if the entire audit is completed. This should be done before obtaining a loan.
Execution of obligations
The bank may conclude a non-revolving credit line agreement with the borrower. According to it, funds paid to the current account can be used to execute the contract. The borrower pays interest, as well as commission for the issuance of funds.
Banks offer insurance services to ensure the safety of property, health, credit. It is advisable to use this service. The loan received will be an excellent help for the implementation of the company's plans.