0526587773

©2017 All rights reserved Ru-Biz Business Consulting

Ha'ella 101 Tarum, Israel

Brainstorming

Finance

Get the Finance you need today

Businesses need financing to grow. At Ru-Biz we will attain the financing you need. First we will analyse  the financial needs of the business. Then, once it is clear what the needs are, we will choose the best way to fund the business. Funding can come either from the bank of from a number of dedicated funds the give loans to S&M Businesses.

 

State Backed Fund for S&M Businesses

Who is the loan for: S&M Business

The loan is meant to encourage and enable bank loans to businesses, the state provides the bank with security for the loan. 

Amount: ILS 8,000,000 for an existing business (Max 8% of turnover) 

ILS 500,000 for new Businesses
Equity: Need to have 25% of total investment amount
Period: 72 months
Guarantees: 10% cash guarantee + personal guarantee

Interest: Prime + Margin (fair market rates to be determined by the bank) 

IFLA Israel Free Loan Association

Who is the loan for: Small Business

For existing Businesses with a monthly turnover of ILS  150,000 , or new businesses
Amount: ILS 60,000 for an existing business and ILS 90,000 for new Businesses
Equity: Need to have 15% of total investment amount
Period: 45 months
Guarantees: 2-3 co signers

Bank Hapoalim Fund for Businesses

Who is the loan for: S&M Business

Amount: ILS 2,000,000 for an existing business (Max 10% of turnover) 

ILS 500,000 for new Businesses
Period: 72 months

Grace: 12 months
Guarantees: personal guarantee+ any additional guarantees the bank may require 

Interest: Prime + Margin (fair market rates to be determined by the bank) 

The Ministry of Absorption Fund for New Immigrants

Who is the loan for: S&M Businesses. 

This fund is a joint fund of the ministry of Absorption and an operating bank. The fund provides loans to new immigrants and returning citizens (specific criteria are determined by the Ministry of absorption)  

Amount: ILS 1250,000 
Equity: Need to have 25% of total investment amount
Period: 72 months

Grace: 6 months
Guarantees: 10% cash guarantee + personal guarantee

Interest: Prime + 1.75% 

Banks - General

Working with the banks is the easiest and most accessible way to get a loan . The should know the business owner and feel comfortable to give them a loan. However, it happens that the business does not get the loan from  the loan officer at the bank as it happens that the business does not convey and represent itself properly to the bank. We, at Ru-Biz will work to recapture the trust your banker needs to grant the loan and boost your business forward. We also have the possibility to move get a loan from other competing banks 

The Ideation (Tnufa) Incentive Program is designed for fledgling entrepreneurs to develop and validate innovative technological concepts.

Entrepreneurs and new Israeli startup companies can receive a conditional grant of up to NIS 200,000 over a period of two years: NIS 100,000 awarded each year (85% of the approved budget).

 

The funds will be used for building an initial prototype, intellectual property protection and business development, including materials, degradable components, sub-contractors and consultants, patent attorneys and exhibition expenses (not intended for salaries and overhead expenses.