Before applying for financing, make sure the business or business is in accordance with Sharia, because haram businesses such as selling liquor, are strictly prohibited from being given financing.
The application for financing to a Sharia bank is yes, because if it is to a conventional bank, maybe one problem is solved by getting credit, but a new problem arises called usury.
Oh yes, applying for financing is of course because there is a need, make sure it is in a state of need, yes, emotions and wishful thinking are put aside first, because it could be his intention to expand the business, when in fact it is to look successful and advanced, even though the business capacity is not sufficient to bear the financing.
Previously, the business or business has been running for two years and has made a profit, where does the profit come from?, just go ahead with the following tips:
Tip #1 – Character
The first tip is very related to character, yes each character, where to see a person's character?, in the context of financing, character is seen from credit history in various financial institutions.
For those who have never borrowed from any financial institution, never even borrowed money at all, then the character is pretty good, why is it only enough, because if you then apply for financing, it has not been proven to be able to bear the burden of financing.
For those who have received loans or credits and then want to emigrate, and want to apply for Sharia financing, remember whether their credit history has been delinquent or not, or even not paid, then solve it, the debt is still settled, just pay it off.
To ensure credit history there are two ways:
Paid through: https://myidscore.id/, please register an account and follow the steps, you will know all your credit history.
Free via : https://konsumen.ojk.go.id/MinisiteDPLK/Registrasi, Please select the queue date and follow the instructions.
If you have obtained credit history and the results are good, in the sense of smooth or collectibility 1, then continue tip 2
Tip #2 – Financial Statements
The second tip, usually often underestimated by MSME entrepreneurs, even though this is where sales, costs, profits, and business assets can be known. Through financial statements, it can be known how strong business finances are, how feasible businesses can be given financing.
The key to making financial statements is mainly account mutation, business must be strictly perpendicular, all financial transactions must go through banking accounts, not mixed with personal finance.
It will be easier if you use a financial consultant who can make financial statements every month even to annual financial statements as done by profitbersih.id
The more it reflects its business, the financial statements will make it easier for Islamic banks to analyze their business finances.
Closing
Just two tips first, namely character and financial statements, hopefully can be helpful and useful, profitbersih.id are ready to help get Sharia financing with certain conditions, God willing.
Wallahu a'lam bishawab