Bill discount financing means that the holder transfers the commercial bill to the bank and obtains the funds after deducting the discount interest. In China, commercial paper mainly refers to bank acceptance bills and commercial acceptance bills. One advantage of this financing method is that banks do not lend money according to the asset size of enterprises, but according to market conditions (sales contracts). When an enterprise receives a bill, it usually takes as little as tens of days and as much as 300 days until the bill is cashed, during which time the funds are idle. If enterprises can make full use of bill discount financing, it is much simpler than applying for loans, and the financing cost is very low. Discounting bills can only be done in the bank with the corresponding bills, which can generally be completed within three working days. For enterprises, this is "using tomorrow's money to earn the money the day after tomorrow", which is worthy of extensive and active use by small and medium-sized enterprises.
2. Financing lease
Financial leasing has become the second largest financing method of equipment investment in developed countries after bank credit. Financial leasing is a new financing method integrating credit, transaction and leasing, which is characterized by the separation of ownership and use right of the leased property. After equipment users take a fancy to a certain equipment, they can entrust a financial leasing company to buy it, and then deliver the equipment to the enterprise in the form of leasing. The enterprise pays the rent within the contract period and finally owns the ownership of the equipment. Through financial leasing, enterprises can obtain the required advanced technology and equipment with a small amount of funds, and they can also pay back the rent while producing. For enterprises lacking funds, financial leasing is a good way to accelerate investment and expand production. For some enterprises with overstocked products, financial leasing is a good means to promote sales and expand the market.
3. Pawn financing
Pawn is a kind of financing method that takes physical objects as collateral and obtains temporary loans in the form of physical object ownership transfer. Compared with bank loans, pawn loans have high cost and small loan scale, but pawn also has incomparable advantages over bank loans. First of all, compared with the bank's almost harsh requirements for the borrower's credit conditions, the pawnshop's credit requirements for customers are almost zero, and the pawnshop only pays attention to whether the pawned items are genuine. Moreover, general commercial banks only pledge real estate, while pawn shops can pledge both movable property and real estate. Secondly, the starting point of pawn items in pawn shops is low, and items of 1000 yuan and 100 yuan can be pawned. Contrary to banks, pawn shops pay more attention to serving individual customers and small and medium-sized enterprises. Third, compared with the complicated procedures and long approval cycle of bank loans, the procedures of pawn loans are very simple and most of them are desirable. Even property mortgage is much more convenient than bank. Fourth, when a customer borrows money from a bank, the purpose of the loan cannot exceed the scope stipulated by the bank. Pawnshops, on the other hand, don't ask about the purpose of loans, and the money is very free to use. Repeatedly, the utilization rate of funds has been greatly improved.
Legal basis: notice issued by the Supreme People's Court.
2. Strictly regulate usury according to law and effectively reduce the financing cost of the real economy. The borrower of a financial loan contract, on the grounds that the expenses such as interest, compound interest, penalty interest and liquidated damages claimed by the lender at the same time are too high and obviously deviate from the actual losses, requests to reduce the total amount exceeding the annual interest rate by 24%, which should be supported to effectively reduce the financing cost of the real economy. Standardize and guide the order of private financing, and deny the validity of contract clauses that evade the upper limit of judicial protection of private lending interest rates, such as withholding principal or interest and disguised high interest rates.
3. Identify the legal effect of the new type of guarantee according to law, and broaden the financing guarantee methods for SMEs. To enrich and expand the financing guarantee methods of small and medium-sized enterprises, except for the invalid contracts stipulated in Article 52 of the Contract Law, new types of guarantee contracts should be recognized as valid according to law; In line with the provisions of the Property Law on security interests, the effectiveness of property rights should also be recognized according to law, so as to enhance the lending ability of small and medium-sized enterprises and effectively alleviate the problem of difficult and expensive financing for small and medium-sized enterprises.
4. Standardize and promote the financing methods that directly serve the real economy, and broaden the channels for the connection between finance and the real economy. Protect the financing methods of financial leasing, factoring and other financial capital combined with the real economy according to law, and support and guarantee financial capital to serve the real economy. If the financing lease contract or factoring contract is actually a loan contract, the rights and obligations of each party shall be determined according to the actual loan contract relationship, so as to prevent the parties from increasing the financing cost of the real economy in disguise by withholding rent and deposit.