20 19 The commercial loan interest rate stipulated by the People's Bank of China is 4.35% within one year, 4.75% within one to five years and 4.90% over five years.
It is best for enterprises to consult different banks when lending, and then choose the bank with lower loan interest rate and suitable loan amount for enterprises.
Low loan interest rate can make enterprises pay less interest and reduce the burden of repayment in the later period, which is very beneficial to the development of enterprises.
Enterprise loans need more information, including the original and copy of the business license; Original and photocopy of organization code certificate; Original and photocopy of tax certificate; Copy of the original ID card of the legal representative; Ownership structure; The audited financial statements of the company in the past three years (including complete notes) and the financial statements of the company in the past three months.
Enterprise loans generally need to prepare materials and then apply to the bank. The bank will review the materials after receiving them, and the loan can only be released after the approval. After the bank lends money, the enterprise needs to repay it on time, otherwise it will have a penalty interest and affect the credit of the enterprise.
Interest rate refers to the ratio of the amount of interest to the amount of borrowed funds (principal) in a certain period. Interest rate is the main factor that determines the capital cost of enterprises, and it is also the decisive factor for enterprises to raise funds and invest. To study the financial environment, we must pay attention to the current situation and changing trend of interest rates.
Interest rate refers to the ratio of the interest amount due in each period to the par value of the borrowed, deposited or borrowed amount (called the total principal). The total interest of the lent or borrowed amount depends on the total principal, interest rate, compound interest frequency and the length of time of lending, deposit or borrowing. Interest rate is the price that the borrower needs to pay for the money borrowed, and it is also the return that the lender gets by delaying his own consumption and lending it to the borrower. The interest rate is usually calculated by the percentage of one-year interest to the principal.
Generally speaking, interest rates are expressed by annual interest rate, monthly interest rate and daily interest rate.
In modern economy, interest rate, as the price of capital, is not only restricted by many economic and social factors, but also has a great influence on the whole economy. Therefore, modern economists pay special attention to the relationship between various variables and the balance of the whole economy when studying the decision of interest rate. Interest rate determination theory has also experienced the evolution and development of classical interest rate theory, Keynesian interest rate theory, loanable funds interest rate theory, IS-LM interest rate analysis and contemporary dynamic interest rate model.
Keynes believed that savings and investment are two interdependent variables, not two independent variables. Keynes regarded interest rate as an exogenous variable without interest rate elasticity, in which the money supply was controlled by the central bank. At this time, the demand for money depends on people's psychological "liquidity preference".
Then loanable funds's interest rate theory is the interest rate theory of neoclassical school, which was put forward to revise Keynes's "liquidity preference" interest rate theory. To some extent, loanable funds's interest rate theory can actually be regarded as the synthesis of classical interest rate theory and Keynesian theory.