The imbalance between supply and demand is an inevitable condition for the birth of an industry, and the emergence of private financing and lending is a proof.
According to incomplete statistics, at present, there are no fewer than 50 enterprises that can handle private financing and lending in Shenyang alone, while there are more than 10 lending enterprises that can handle large-sum capital lending.
It is not difficult to judge that tight monetary policy, rising inflation and the persistent capital bottleneck of small and medium-sized enterprises have provided sufficient space for the development of this industry.
In fact, in a certain period of time, private lending is an indispensable part of the market. However, today's private lending market has become a boiling soup. It is obviously not the best choice to bring the soup up without boiling or take it out. This is a test of the management ability and decision-making wisdom of relevant departments.
Private lending rates are five or six times that of banks.
The reporter learned that with the continuous tension of the capital chain, especially after raising the reserve ratio, the rate of private lending has also risen. At present, the short-term loan interest rate of lending enterprises for three months to six months is 30%-40%, while the long-term loan interest rate above 1 year is about 25%, which is five or six times that of domestic banks, but even such a high interest rate may not be available.
Chen Zhongjie, general manager of Shenyang Jie Jun Real Estate, said in an interview with this reporter that for enterprises or individuals seeking loans, real estate or cars are usually used as collateral, but the mortgage interest rate of cars is higher than that of real estate. The basic process of finding a loan is to deduct interest first and then repay the principal.
For example, an enterprise wants to borrow 654.38+10,000 yuan with real estate as collateral for a period of three months, so the actual amount obtained by the enterprise is 94,000 yuan. After the expiration of three months, it is necessary to pay off the interest and principal of the last month in one lump sum1030,000 yuan. If it cannot be paid off, the enterprise must realize the property by itself or entrust a real estate agency, or make a second evaluation of the mortgaged property, and whether it can apply for a second loan.
Most loan companies are related to real estate.
Faced with such a high interest rate, who is licking blood at the knife edge?
Private Capital Zhong Yi Real Estate Agency
According to a person in charge of a loan enterprise who asked not to be named, most of the enterprises applying for loans are real estate enterprises, construction companies and advertising companies that do real estate and automobiles.
He said that these enterprises are actually the objects that lending enterprises are willing to lend, because they have a large number of real estate and cars, and they also entrust us to sell their mortgaged real estate and cars while lending, and the direct repayment of after-sales funds is also conducive to the enterprise capital chain.
The person's statement has also been confirmed by the developer.
The general manager of a real estate for sale in Shenyang said that under the background of high global inflation, weak US dollar, the Vietnamese financial crisis and the influx of hot money into China, the central bank kept raising the deposit reserve ratio, which made the capital chain that had been "struggling" this year worse, especially in July, when banks entered a state of overall contraction, and if they could not find new financing channels, they would even take the way of "selling" to relieve the tension of the capital chain, which would be very dangerous.
Housing enterprises are getting more and more thirsty.
After the central bank raised the reserve ratio, many experts in the industry pointed out that the deposit reserve ratio exceeding 15% will have a significant impact on the real estate industry, and house prices may enter the downward channel.
Although the tight monetary policy is aimed at the whole macro-economy rather than the real estate market, the real estate market is highly dependent on bank credit, which determines that it is bound to be directly affected by this round of tight monetary policy. This tight monetary policy will directly restrain the real estate market from both supply and demand. As a result of long-term effects, the real estate market will shrink. At the same time, Pan Shiyi also pointed out in a recent online chat that "the real estate industry is a capital-intensive industry. Since the beginning of this year, the funds of the whole real estate industry in China are very tight. If all the real estate companies in China are combined to make a balance sheet, the financial indicators must be ugly. In the case of very tight funds in this industry, the macro-control of real estate has been constant, and the real estate industry is more sensitive to funds. "
From the previous macro-control of real estate, Pan Shiyi believes that the adjustment is more from the perspective of various departments, and the effect of adjustment is also the other way around. The market performance is that the price is getting higher and higher.
However, since the second half of last year, government regulation has changed to the adjustment of the multiplier of bank mortgage interest rate, and the adjustment of bank interest and reserve ratio has "grasped the acupuncture point" and "the market reaction is very obvious".
Those with deep pockets "fish in troubled waters"
In fact, some large listed companies are also lending money to real estate enterprises.
Recently, Dahongying Group signed an entrusted loan contract with Shanghai Pudong Development Bank Ningbo Branch, entrusting its own funds of 654.38 billion yuan to Jiaxing Guangyuan Real Estate Development Co., Ltd., with a term of 654.38+0 years and an annual interest rate of 654.38+08%.
Some insiders pointed out that the loan interest rate of 18% is not high in terms of the current situation of the real estate industry. After entering the recession of traditional banks in July, the inter-company loan interest rate will be higher.
Cheng Huaming, general manager of a private equity fund in Hangzhou, told reporters that many companies will sign entrusted loan contracts with banks at present. In this case, the profit is not less than that of industrial projects, but he also stressed that this part of the entrusted funds accounts for a small share of the company's working capital.
There is a feeling called "not at ease"
A few days ago, the reporter came to a private lending enterprise in a high-end office building near Maluwan for an interview. Strict company regulations and the serious expression of the staff make people nervous, and the relatively low shelves in the office are extremely depressed at this time. It is not difficult to imagine how such a service company makes customers feel "God".
When the reporter registered in the front desk register, he curiously looked through the registration information of the visitors in the previous pages. After the receptionist found it, she clearly told the reporter, "This is the registration information of other customers, and you have no right to view it." Then under her supervision, the reporter rushed to register. After that, she asked the reporter to wait on the sofa at the door on the grounds that the general manager now had customers.
In the "Pioneer" registration materials read by the reporter, the loan amount and investment projects want to borrow 2 million yuan to invest in wind power projects, one is to borrow 5 million yuan to make a cement plant, and the other is to borrow 6,543,800 yuan. Due to the scrawl, I didn't have time to look at the specific projects, but it can be judged that almost all the "loans" came from here.
When the reporter once again asked the receptionist curiously whether all these borrowers had borrowed money, the receptionist chose silence.
About twenty minutes later, the reporter met the general manager, but the reporter didn't find the customer who was talking to the general manager as the receptionist said, because the only passage from the door of the general manager's office to the door of the company never passed during the reporter's waiting.
After seeing the general manager, the reporter accidentally caught a glimpse of the online game Lianliankan displayed on the general manager's computer page.
After a brief greeting, the general manager said that the company would not accept interviews with reporters. But just as the reporter left, a lender walked into the office. It was the first time that a customer borrowed money from a private company and wanted to invest in an underwear agency of a domestic brand company. But as soon as he heard that the interest rate was 30%, he said that the interest rate was higher than his profit, so he said a few words and the man got up and left.
When taking the elevator with the reporter, the man said, "This company is like a liar. Even if the business I want to do can afford this interest, I will give him all the real estate licenses. If he sells my house, where can I find him? What's more, he only lent me 200 thousand cash for my house worth 600 thousand. I don't lose money! "
When coming out of the main entrance of the building, the reporter had an inexplicable sense of relaxation. Looking at people's backs, you can't help but find that there is still a certain distance between private lending and small and medium-sized investors. At the same time, there are still too many places to be improved in this emerging industry, otherwise it will "drag out an ignoble existence" on a small scale under people's "uneasiness" for a long time.