All About Commercial Loan You Should Know

Definition of industrial and commercial loans

A business loan is a loan to the company. The amount of money money money by commercial banks is usually dominated by these loans, and the reis saoon and short, depending on the needs of the business.

Basic object participation in industrial and commercial loans

Any company (company) corporation, an individual partnership, an individual industrial and commercial household or a natural person with the nationality of the People's Republic of China who has the full to establish a credit relationship and a loan.

Base s for industrial and commercial loans

1) . Must be a corporate legal entity (business) licensed and registered by the Business Department for Industry and Commerce (or competent authority), another economic economy Organization, an individual industrial and commercial household, or a natural person with the full civilian man sy with the nationality of the People's Republic of China. With the exception of individuals and legal entities who do not need to be approved and registered by the sy'n sydd yn ystod (or the competent authority), thanks to the anan inspection procedures of the industrial and commercial departments. The legal person of a company (business) registered in accordance with the law the law holds the enterprise the enterprise the enterprise right man and the special industry must hold the production and business license issued by the relevant service.

2). Independent economic accounting is saed. Only methamphetamine that sylwedd the sy'n sydd yn ystod sy'n saoon, ath a debt and a debt a tha ei fod, a tha in the world. The rour who sits on time, and the accounting information sy'n be complete, so the bank syy'n and understand its and inspect and supervise the use of its loan.

 3). Must have a certain dollar of its own capital. The amount of theorized capital bacon is an important indicator of the size of its development vision itself, its cany to bear the risks and the sthes to the san to oedd. At the same time, it is only by the list of loans with the principal capital of the borrower swy fully mobilize the theme of the Loans.

4). Basic and general deposit accounts were opened, interest on loans payable and loans maturing were repaid, and repayment plans approved by the lender were completed if they were not liquidated.

5) . Except in accordance with the requirements of the Council of State, the cumulative amount of equity investment in external equity of a limited liability company and a limited liability company must not exceed 50% of its total net assets.

6). The borrower's asset-to-liability ratio meets the lender's requirements.

7) . The proportion of equity of the corporation that owns a business that requests a medium-term long-term loan and the project's investment in a new project should not be less than the share of the capital of the government's investment project.

Types of industrial and commercial loans

1. Independent loans: refers to loans granted by the lender in a legal manner with funds raised by the lender, the risks of which are borne by the lender and the lender recovers the principal and interest.

2. Loans ordered: refers to loans financed by departments, businesses and institutions and individuals, as well as loans granted, supervised and recovered in collaboration by the lender (i.e. trustee) on behalf of the purpose, purpose, amount, duration, interest rate, etc. determined by the principal. Lenders (trustees) charge only fees and do not assume the loan risk.

3. Specific loans: refers to loans granted by public commercial banks after the approval of the Council of State and appropriate corrective measures for possible losses caused by loans