All commercial banks can make commercial loans, as long as they meet the conditions of banks. Unless the developer cooperates with the designated bank, it can only borrow from the designated bank.
Conditions for applying for a shop loan:
(1) Having a legal and valid residence status;
(two) there is a contract or agreement for the purchase of shops;
(3) Have a stable occupation and income, good credit, and the ability to repay the principal and interest of the loan on schedule;
(4) There is a down payment of not less than 50% of the total price of the purchased store;
⑤ Agree to use the purchased shops as collateral or assets recognized by the loan bank as collateral or pledge, or units or individuals with guarantee qualifications and sufficient compensation capacity as witnesses to repay the loan principal and interest and bear joint and several liabilities.