Tender loan and its value. How to get?

In the last decade, a system of selecting executors of state and municipal orders based on tenders and competitions has been formed in the country. It is based on a tender loan. The idea turned out to be so good that it was used by large private companies to search for sellers and performers.

Requirements to the executor of the state order

According to the requirements of the legislation, an organization wishing to take up the execution of a state contract, a contract, must comply with a number of criteria and requirements. One of them is to provide a deposit: the amount that the state customer will receive if the contractor refuses the order or does not give proper security in the future.

The purpose of the compensation mechanism also lies in verifying the solvency of a potential partner. There are no exceptions for any category of business. Funds for such purposes are taken either by the credit institution or are allocated from the working capital of the enterprise, which is unprofitable. Money in business is not superfluous, on the contrary, they are constantly in short supply, and there is no clear and clear prospect until the end, showing whether it will be possible to obtain a contract. Therefore, tender loans for securing an application are so popular.

Credit support gives companies the chance to participate in several competitions simultaneously. The state is calmly looking at such actions, state banks are involved in lending for tenders. The credit organization will not give money to anyone, and the treasury has an additional indirect confirmation of the solvency of the executor who received the tender loan.

Ways to secure an application

Credit offices provide different services. Regarding the provision of applications, there are 3 options:

• Bank guarantee;
• Bank loan;
• Loan in a microfinance organization.

Guarantee - the consent of the bank to cover the debt of the client under a predetermined obligation at the request of a third party. It is issued by a financial institution for a limited time. Obligatory compliance with Art. 45 FZ-44, otherwise the guarantee simply will not be accepted. You can obtain a tender loan in the form of a loan. The bank, which offers credit programs of this kind, asks for a list of certain documents.

A package of papers for obtaining a loan

The package includes:

• statutory documents;
• financial statements;
• Other securities that are needed to assess the client's solvency.

The bank as a source of financing is attractive because of lower interest, especially for regular customers and unlimited amounts of funds. Companies because of this are ready to collect significant amounts of documentation to get money to participate in the competition.

Tender loans are offered to borrow MFIs. They are approached by clients who do not have the opportunity to take a loan from the bank for various reasons. Verification of documents and reporting is not so strict, but this is understandable, because a high degree of risk must be paid with interest. In general, a loan is a kind of bank loan. The specific list of documents required by a credit institution may differ. In some cases it is larger, in others it is less.

Fate fate

A bidder who has not received an order has the right to withdraw his money back. The law provides for two situations where the contribution is not refundable:

• Having won the competition, the contractor refused to sign the contract;
• The contractor refused to enforce the contract in accordance with its terms.

The return of the collateral takes place quickly, within 10 days. There are exceptions, if for some reason the electronic platform is delayed with the decision of the issue. As the money returns, the borrower as a result loses a small amount to pay interest for using the funds. There are no risks associated with the actions of partners and the state. Tender loan - a convenient tool for bidding without overstretching the forces of the enterprise.

In which banks apply

Sberbank, VTB - large state organizations, the first of which also holds its own trading platform. It is desirable to take out a loan in a structure that specializes in financing the provision of state contracts. Then the process will be easier and faster. In such cases, the developed set of documents is proposed. A tender loan to secure a contract is also a financing of the costs of an enterprise that does not have enough money to fulfill its obligations.

There are two forms of borrowing:

• Credit line ;
• One-time loan.

The line is distinguished by the presence of a limit within which the client has the right to apply to a credit institution and to take not less or more, but as much as necessary. One-time loan is calculated on a clearly stipulated amount. In both cases, banks offer bona fide clients an expansion in the amount of funds offered. On the portal of the Ministry of Finance there is a page with a list of credit companies recommended for tender lending. At the same time, there are no restrictions on obtaining a loan in a particular organization.

Who will help

Assistance in obtaining a tender loan is useful to a company that starts its activity in the field of state contracts. In such matters, it is offered by financial advisors, brokers. They get a percentage of the deal, because no one works for free.

These specialists work in conjunction with several banks and can offer the best option, based on the criteria of financial institutions and the compliance of a specific client. The services of intermediaries are resorted to, not having enough time to independently search for a suitable organization.