Naturally, Ishenim refers loan applicants to its members, which are able to lend at the most competitive interest rates.
documents you will need
The above enterprises will specify the exact documents you must bring in order to apply for a loan. In general, they require:
for physical persons:
- a passport or other photo identification
- a declaration (filled out on the spot)
- information on tax liabilities
for juridical persons:
- a passport or other photo identification
- a taxpayer identification number
- a business plan
- a declaration (filled out on the spot)
- information on tax liabilities
Again, non-member institutions may also require you to obtain a separate spravka from each and every potential lender attesting that you are not under a debt to it. This is another reason to contact our member lenders, which can quickly obtain this information in the form of a unified credit report.
what happens next?
The bank, MFI, or CU will make an inquiry to Ishenim. Our bureau normally processes requests within one business day. Lenders generally complete their review within two weeks of receiving the original application, although the process can take longer due to the intervention of holidays or in the case of large debt ceilings. The outcome, as well as the decision on setting credit limits and on requiring collateral, is left to each member lender; Ishenim in no way interferes in these processes.
Good luck!
