MonthMarch 2019

How to Apply for a Loan

A loan, in fact, is a contract between a person and some financial institution that grants a cash amount, without specific destination, that must be paid in installments and established terms. The rules of this agreement are defined by the institutions themselves: interest rates, values, minimum income, fines, charges, etc.
Loans can be provided by banks or other financial institutions, but none of them are required to do so. Find out which ones are authorized at the Central Bank (BC) to avoid falling into frauds and see what are the fees offered by each, to choose the one that best fits your financial profile.
If you are a civil servant, retiree or INSS pensioner, you may have access to the payroll loan, which has lower interest and the discount of the installments is made directly on the payroll or benefit, although it can not exceed 30% of the total income. Check out the step-by-step with tips on how to get a loan:

Step-by-step on how to apply for your loan


For what purpose do you need money? What the value? How much of your income will you be willing to commit? These are the first questions that must be answered to yourself before applying for a loan. Remember that you will need to negotiate and persuade the bank or financial institution to offer the best deal. And, knowing what you want to get help to define the best strategy. While the release of money is not tied to its use, a defined goal can help you get the best options.
Choice of institution

After researching which financial institutions are authorized by the BC, compare interest rates and charges to know which one offers the best deal. The process is very simple and straightforward. Just go to the chosen location with the necessary documents and apply for the credit. However, defaulters are at risk of not having access to credit, so in order to take chances, you have to provide guarantees that you will be able to pay. So when you get paid at the bank where you want to get the loan, you’re more likely to get approved.

Credit analysis

Credit analysis

When applying for a loan from a bank or other financial institution, you will be assessed to see if you are eligible to receive the money and what interest and installment terms you will have access to. Generally banks classify clients into categories according to the profile and take into account whether they are employed, whether they work in a stable company, what salary, position they hold, payment history, whether they have equity or financial investments and whether they have dirty name in the square. These criteria usually define the profile of those who offer the least risk to the bank and therefore receive better options for agreements and fees. The credit score is also taken into consideration and can be accessed on the SPC / Serasa website.


In addition to the RG, CPF and / or CNPJ, proof of income and proof of residence, which can be requested by the institutions to release the loan, be sure to carry budgets, business plans (in case you need the money for any venture) , estimates and calculations of how much you can pay monthly and what your debt discharge conditions are.

read everything
Now that your loan has been approved, it is time to sign the agreement. Never, ever, sign anything without first reading. Make sure you understand all the variables involved (late fees, facilities with prepayment, charges etc.) and the final amount that will be paid, adding up all costs and interest. Check all the details that you think necessary.



Real Estate Investing



Financing a property is a great investment, but you need to know what to look for. Here are five factors to consider when buying a home: Criticism at


This is one of the main factors to consider, it goes far beyond choosing the neighborhoods of your choice. There are other points to be observed, such as:

  • Safety: make a small survey about the crime rate of the neighborhood and check how the local lighting is an excellent option for those who seek to live with quality of life and harmony.
  • Access and proximity to things that are part of your routine: check if there are access routes to buses or subways in places close to you. Also check if the shops, gym and schools are close or a little further from the place you want to choose.


It’s important not to just stick to the number of rooms that the residence offers, suppose you’re buying a house with enough rooms and a large room, but the kitchen is small and you do not like it. So, after a certain amount of time you decide to do a makeover and increase the size of your kitchen, but there is not enough space to do the project as you had imagined and planned. What’s up? What to do?
So there is something to be observed, it is necessary that you keep in mind the importance of obtaining an asset that gives you a bigger space and that gives you the freedom to make future reforms, for example.


It is good to be aware if the property has good structural conditions, such as:

  • Level floors
  • Stable electrical network and exposed wireless
  • If there is moisture or infiltration on the walls
  • If doors and windows are opened or closed without the need to force


Take time to determine what the interior and exterior of your property will look like and see if both are in perfect condition. Imagine how you want it to be both inside and out, or even how you want to decorate it, and then before making any decisions see if you need to do some adjustment to your taste and how much you will need to invest for perform what you want to do. Look also this way: do you intend to spend the next ten years doing reforms? or even with your children, in case you have or intend to have, having to share only one bathroom?
It’s something important to think about.

  1. VALUE:

Have you thought about your dream of own home being turned into a total nightmare? And worse, all this because you did not attack your financial resources. Therefore, having good planning is essential if your goal is to be achieved. Then understand the importance, before any decision, of knowing the type of property that fits your budget. Or if the property is being financed by case, what is the value of the parcels that would fit in your pocket without suffocating you in the future.

Syndicated loan – definition, practical application

An ancillary loan is – contrary to the name – not a stand-alone loan but a sub- loan under an existing syndicated loan, under the terms of the syndicated loan. see for more notes

Credit in practice

Ancillary credit in practice


In practice, ancillary loans are mainly issued for guarantees, overdrafts and foreign exchange transactions. Ancillary loans, in particular, are used for lending in a currency that is not the currency of the syndicated loan.

Due to the regularly revolving nature of guarantees, current account overdrafts and foreign exchange transactions, the implementation of ancillary loans (in the case of multiple loan tranches) regularly also takes place only below the working capital tranche. Although the integration into a loan tranche with a repayment structure does not seem technically impossible, it is still not practical or even customer-oriented.

The Ancillary Loan is not transacted through the agency involved in the syndicated loan, but transacted directly between the borrower and one of the lenders.

In this case, the ancillary credit is credited on the commitment of the respective lender under the loan agreement. If the requested ancillary loan exceeds the commitment of the lender, it is likely that another of the lenders involved in the syndication agreement may also be included in the ancillary credit.

Ancillary credit is regularly granted by settling a balance / loss compensation with the loans granted under the loan agreement.




The Ancillary Loan is used in the daily practice of corporate financing, in particular to maintain the flexibility under the syndicated loan so as not to make it a rigid corset for the client. All of the above-mentioned awards (guarantees, bank overdrafts and, in particular, foreign exchange transactions) are highly event-related, difficult to plan and indispensable for everyday business.

And at this point, the syndicated loan also plays out its individual strengths:

And at this point, the syndicated loan also plays out its individual strengths:

  1. Thanks to the credit check carried out by all the banks involved in applying for the syndicated loan, this is often not necessary or not required on a large scale.
  2. Thanks to several participating banks, the customer and borrower can often select the bank that makes the most competent impression for their current event. After all, there are banks that tend to exude regional strength, and banks that have earned a particularly good international reputation.