Bridge loan mainly comes from private companies that borrow or invest in small amounts. The interest on bridge-crossing funds generally ranges from 2 to 5 cents, and some are even higher, of which more than 70% is 2 to 3 cents.
If the interest rate of 2-3 points is acceptable, then the interest rate as high as 5 points is somewhat outrageous.
For example, the agreed interest rate of bridge-crossing funds is three thousandths of a day, and the interest rate of the day is about 3%, which is seven times higher than the benchmark interest rate of one-year bank loans100000 yuan, and the loan100000 yuan needs to pay interest of 30000 yuan per day.
Such a high interest rate is quite large for the financial cost of enterprises, and a considerable part of the profits of enterprises are given to each other. If the bank's plans are tight or there is a time difference in bank loans, bridge loan will bring great pressure on enterprises to repay loans first.
The so-called bridge crossing means using other people's funds for a short period of time, replacing a certain loan, and then returning this short-term fund. This short-term fund is called bridge crossing fund, and the interest generated by bridge crossing fund is bridge crossing interest. To put it bluntly, it is to borrow money from the bank to repay the loan first, and then repay it after borrowing money from the bank. People often think that the risk of bridge-crossing funds is small, which is wrong, because bridge-crossing funds are unsecured and have high interest.
As far as enterprises are concerned, they need to maintain a good credit relationship with banks and obtain a higher credit level. The most important thing is to repay the principal and interest on schedule. In the case of sluggish production and operation and shortage of funds, there will be different ways to repay bank loans with high interest rate financing. 72% of the sample enterprises use bridge funds to repay bank loans, which shows that enterprises apparently repay loans on time, but their real financial information is covered up.
Interest is the use fee of money in a certain period of time, and it refers to the reward that money holders (creditors) get from borrowers (debtors) for lending money or monetary capital. Including deposit interest, loan interest and interest generated by various bonds. Under the capitalist system, the source of interest is the surplus value created by hired workers. The essence of interest is a special transformation form of surplus value and a part of profit.
definition
1. Money other than the principal of deposits and loans (different from "principal").
2. The abstract interest point refers to the value added when monetary funds are injected into the real economy and returned. Generally speaking, interest refers to the remuneration paid by the borrower (debtor) to the lender (creditor) for using the borrowed currency or capital. Also known as the symmetry of sub-fund and parent fund (principal). The calculation formula of interest is: interest = principal × interest rate × deposit period (i.e. time).
Interest is the reward that the fund owner gets for lending the fund, which comes from a part of the profits that the producer makes by using the fund to play its operational functions. Refers to the value-added amount brought by monetary funds injected into the real economy and returned. The calculation formula is: interest = principal × interest rate × deposit period × 100%.
3. Classification of bank interest
According to the different nature of banking business, it can be divided into bank interest receivable and bank interest payable.
Interest receivable refers to the remuneration that the bank obtains from the borrower by lending to the borrower; It is the price that the borrower must pay for using the funds; It is also part of the bank's profits.
Interest payable refers to the remuneration paid to depositors by banks to absorb their deposits; It is the price that banks must pay to absorb deposits, and it is also part of the cost of banks.
How much is the interest in bridge loan?
The monthly interest rate in bridge loan is generally 3 points. If the monthly interest rate in bridge loan is agreed to be 3 points, the current interest rate will be 1%. The monthly interest rate of this loan is 3% and the daily interest rate is 0. 1%.
Process of crossing the bridge
(1) Submit the approval materials: Bank B's approval, real estate license, borrower's husband and wife (ID card, household registration book, marriage certificate, credit report), business license and original mortgage contract.
(2) According to the original loan balance in Bank A, determine the amount of advance funds.
(3) Interview and verification with the risk control manager.
(4) The advance payment is approved.
(5) Face-to-face signing between husband and wife, controlling the U shield of the borrower's repayment card and the third-party payment card.
(6) Transfer the money to the repayment card of Bank A at the agreed time to settle the loan balance.
(7) After the mortgage is cancelled by Bank A, the real estate is mortgaged by Bank B, and the advance payment is settled after the loan is released by Bank B. ..
The monthly interest rate in bridge loan is generally 3 points. If the monthly interest rate in bridge loan is agreed to be 3 points, the current interest rate will be 1%. The monthly interest rate of this loan is 3% and the daily interest rate is 0. 1%.
How much does bridge loan charge?
No matter how many days an enterprise borrows money, as long as it is less than one month, interest will be charged for one month. Generally speaking, bridge financing is a short-term financing with a term of 6 months, which is a kind of capital relative to long-term funds. The purpose of providing bridge financing is to meet the conditions of docking with long-term funds through bridge financing, and then replace bridge financing with long-term funds.
Bridge loan is a transitional ultra-short-term loan. Generally speaking, its main purpose is that when the loan expires, some enterprises need to repay the bank loan in order to obtain new loans. However, if the enterprise does not have enough funds to repay the loan previously handled by the bank, at this time, the enterprise needs to borrow temporarily from the guarantee company, repay the bank loan first, and then repay the guarantee company after the bank issues new loans. This is a bridging loan.
1, bridgeloan: bridge loan, also known as bridge loan, means that financial institution A can't operate due to temporary lack of funds after getting the loan project, so it consults financial institution B and asks it to help release funds. After financial institution A gets the funds, B quits. For B, this loan is the so-called bridge loan. In China, policy banks such as CDB/ Exim Bank/Agricultural Development Bank play the role of financial institution A, while commercial banks play the role of financial institution B. ..
2. Use of bridge loan: Generally speaking, bridge loan is a short-term loan, which belongs to a transitional loan. Bridge loan is an effective tool to directly capitalize buying opportunities, and the biggest advantage of bridge loan is its quick recovery. Bridge loan has a short term, no more than one year, and the interest rate is relatively high, with some mortgages such as real estate or inventory as collateral. Therefore, bridge loan is also called "bridge financing", "intermediate financing", "gap financing" or "swing loan".
The funds provided by bridge loan to pave the way for M&A transactions can be understood as temporary or short-term loans provided by banks and other financial institutions to borrowers. It can be in the form of fixed loan or revolving letter of credit, but the term is short. Therefore, it can only be a short-term financing, which plays a "bridge" role in M&A transactions. The interest rate of "bridge loan" is 2%~5% higher than that of ordinary loans. When the market situation changes abnormally, it is necessary to speed up the transaction, and the high cost of buying the market forces the buyer to obtain funds quickly to end the transaction, so they adopt the "bridge loan" one after another. Subsequently, the bank loan is repaid by selling bonds and stock bills.
How much is the interest of 300 thousand a week?
1. The interest in bridge loan is 1.2% to 5%. The specific loan interest is also related to the repayment method selected by the user. Generally, the repayment method for prepayment is to pay interest on a monthly basis and repay the principal in one lump sum, with loan interest = loan principal interest rate term. However, because bridge loan does not occupy funds for a long time, it is only a temporary need, and it needs to repay the principal and interest once it expires. Because of the importance of bridge loan, it usually gives the fund providers a fairly high return. The loan interest is equal to the loan fund multiplied by the daily interest rate.
2. The so-called advance loan means, for example, in the process of buying a house, when the down payment of the next home is insufficient, the so-called "loan service company" or guarantee company takes out funds to help the next home make up the down payment to help complete the purchase. Of course, borrowers have to charge 2% to 5% "advance payment". To put it bluntly, this kind of "first payment" behavior is similar to that of the people.
3. In the past, because most banks have set up "sub-mortgage" business, if buyers and sellers borrow from the same bank, the loan transfer can be easily completed. Even if you don't borrow from the same bank, the letter of guarantee intervened by the guarantee company can facilitate the circulation of the loan, and the transaction between the upper and lower households also appears smooth. The main space for "funds" lies in some speculators, who want to shorten the real estate transaction time and the waiting period for loan issuance, so they would rather pay more to realize the rapid flow of funds.