If you are an enterprise manager, the factory equipment needs to be updated, but the company has limited liquidity, what will you do? I suggest you try the road of equipment loan. If you are not familiar with this term, read this article, and maybe you will have your own ideas.
First of all, you have to understand this concept. What is an equipment loan?
Equipment loan refers to the RMB loan issued by the loan bank to the borrower for purchasing small equipment needed for production and business activities.
The loan term of equipment loan is generally 1~3 years, and the longest is not more than 5 years; At the same time, it is necessary to provide property mortgage and pledge recognized by the loan bank (some banks can also use the purchased vehicles as collateral, and the manufacturer will provide full repurchase guarantee).
So how to calculate the expected annualized interest rate of equipment loans?
The expected annualized interest rate of the loan shall be implemented in accordance with the expected annualized interest rate of loans of the same grade in the same period stipulated by the People's Bank of China.
Equipment loans should pay interest according to regulations and should be included in the equipment cost.
Equipment loans should be repaid in the next year's budget allocation.
Taking the equipment loan application method of China Merchants Bank as an example, this paper briefly introduces the following processes and methods of equipment loan application.
The equipment mortgage loan of China Merchants Bank refers to the short-term working capital loan business applied to our bank with the core production equipment owned by the enterprise as the main guarantee.
Characteristics and advantages of equipment loan;
(1) expanded the scope of collateral and solved the problem of insufficient collateral for small and medium-sized production enterprises.
(2) Revitalized the fixed assets of enterprises and broadened the financing channels of enterprises.
(3) The range of mortgage equipment is wide, which is suitable for different types of production-oriented small and medium-sized enterprises.
So what kind of enterprise is this kind of loan suitable for? It is considered that manufacturing enterprises or equipment leasing enterprises with good operating conditions, rapid growth of financing demand and no real estate mortgage guarantee can consider applying for equipment loans.
Application steps:
(1) The handling sub-center must be admitted to an appraisal company with asset appraisal qualification;
(2) Examination and approval according to general mortgage business;
(3) Before lending, you must go through the mortgage registration formalities with the local administrative department;
(4) Lending and normal post-loan management, the examination and approval opinions can clearly require that the frequency of post-loan on-site inspection should be higher than other general guarantee businesses.
The above is the equipment loan application method of China Merchants Bank. If you want to apply for equipment loans from other banks, you can go to official website to inquire or consult in the business hall.
What kind of loan does the loan for purchasing equipment belong to?
Fixed assets loan. Enterprises applying for loans from banks to buy machinery and equipment cannot be used as working capital loans. Machinery and equipment belong to fixed assets investment and should be classified as fixed assets loans. Equipment loan refers to the RMB loan issued by the loan bank to the borrower for purchasing small equipment needed for production and business activities.
Significance of equipment purchase loan
1. First, the RMB loan granted by the lending bank to the borrower for purchasing small equipment required for production and business activities.
2. Secondly, further expand the effective investment in manufacturing industry and create a good financial environment for the high-quality development of county economy.
3. Finally, it is of great significance to stabilize the economic market, boost investment and expand consumption, reduce the financing cost of enterprises, stimulate the vitality of market players and enhance the development potential.
Is it illegal for banks to transfer money to suppliers because they need loans to buy equipment?
Of course it's illegal. Bank loans require special funds, and banks are also responsible for tracking the use of loans; If it is lent, it is obviously illegal.
I. Review risks
The emergence of loan risk often begins at the stage of loan review. Comprehensive judicial practice shows that the risks in the loan review stage mainly appear in the following links.
(1) The loan examiner of the bank was omitted from the review content, resulting in credit risk. Loan review is a meticulous work, which requires investigators to systematically investigate and inspect the qualifications, qualifications, credit and property status of loan subjects.
(2) In practice, some commercial banks do not have due diligence, and loan examiners often only pay attention to the identification of documents, lacking due diligence, so it is difficult to identify fraud in loans and it is easy to cause credit risk.
(3) Many wrong judgments are due to the fact that banks did not listen to experts' opinions on relevant contents, or professionals made professional judgments. In the process of loan review, we should not only find out the facts, but also make professional judgments on relevant facts from legal and financial aspects. In practice, most loan review processes are not very strict and in place.
Second, the legal content of the pre-loan investigation
(1) Review the legal status of the borrower, including its legal establishment and continuous and effective existence. If it is an enterprise, it shall examine whether the borrower is legally established and whether it has the qualifications and qualifications to engage in related businesses, and check the business license and qualification certificate. Pay attention to whether the relevant certificates have passed the annual inspection or related verification.
(2) Regarding the credit standing of the borrower, check whether the registered capital of the borrower is suitable for loans; Examine whether there is a clear situation in registered capital flight; Past loans and repayments; And whether the borrower's product quality, environmental protection, tax payment and other illegal conditions may affect the repayment.
(3) Regarding the borrower's loan situation, whether the borrower has opened basic account and general deposit accounts in accordance with relevant laws and regulations; Whether the foreign investment of the borrower (such as a company) exceeds 50% of its net assets; Whether the borrower's debt ratio meets the requirements of the lender;
How to handle construction machinery loans
For construction machinery loans, it refers to loans used by factories to purchase large-scale construction machinery and equipment. For construction machinery loans, the amount is generally relatively large, so how to handle construction machinery loans has become a lot of questions. Here's how to apply for construction machinery loans.
Conditions for handling construction machinery loans:
1. The borrower must be a natural person between 18 and 60 years old, have full capacity for civil conduct and meet the conditions of individual loan object.
2. The borrower's area is within the business jurisdiction of the branch, and I have a valid residence certificate, and I also need a valid and legal identity certificate.
3. For the borrower, it is necessary to have operational qualification or be in the name of a company with professional operational qualification.
4. For the borrower, it is necessary to have a certain mechanical related major, engage in related majors for more than one year, and have certain repayment ability.
5. Meet other conditions stipulated by the bank.
Construction machinery loan process
1. The applicant purchases or leases construction machinery at the dealer designated by the bank, and signs a purchase or lease contract or agreement;
2. The applicant submits a loan application to the bank, fills in the loan application form and submits relevant certificates and materials to the bank;
3. The bank examines the documents, materials and "personal credit report" submitted by the borrower and the guarantor;
4. Both parties sign the loan contract and the corresponding guarantee contract, and go through the relevant insurance and mortgage registration procedures;
5. The bank issues loans, and the loan funds are transferred by the bank to the account opened by the seller or lessor of construction machinery in the bank;
6. The borrower repays the principal and interest according to the agreed repayment method, and goes through the mortgage registration cancellation procedures after paying off all the loan principal and interest;
This is the end of the introduction of bank loans to buy equipment and how to cooperate with banks to buy equipment. I wonder if you have found the information you need?