First, the meaning of loan bridge
In fact, the bridge loan means that the enterprise cannot repay the loan after it expires, and then borrows a sum of money from the guarantee company for the transition. After the bank re-approves the loan, it will be used to repay the guarantee company's money to avoid the loans overdue of the enterprise.
To put it more bluntly, the bank is after you when the debt matures. At this time you meet a river (overdue danger). If you can't cross the river successfully, you will fall into the fast-flowing river (overdue fines will affect your credit). At this time, you have to find a bridge to go to the other side of the river, so that you can land, or you will fall into the river. But crossing the bridge is not that easy. After all, it costs people a lot to build this bridge.
Second, simply popularize some details of bridge loan.
1, bridge loan participant
There are generally three participants in bridge loan, one is an enterprise or an individual, which is the main body of lending;
The second is banks or other credit institutions, but at present, those who are really willing to do bridge loan are basically aimed at bank loans, and many other private lending companies are unwilling to do so;
The third is the investor of the bridge fund. There will be bridge funds in bridge loan, which can be some guarantee companies or some ordinary enterprises. The point is that as long as everyone can find the money, others will be willing to pay.
2. The benefits of bridge loan.
If bridge loan succeeds, it will be beneficial to borrowers, banks or guarantee companies.
For borrowers, loans are often not repaid when they are due. After crossing the bridge, bank loans can be repaid normally, avoiding overdue and penalty interest, and avoiding the liquidity of enterprises being affected. For banks, enterprises can avoid overdue through bridge loan and reduce bad debts of banks; As for the guarantee company, you can also charge a certain fee for being a bridge loan, and everyone is very happy.
What do you mean by a bank loan crossing the bridge?
Well, it involves the past. ....
The so-called bridge crossing is an intermediary financing loan.
To put it simply, enterprise A is invalid, and there is a large loan in bank B that can't be paid for the time being. Because loans overdue will lead to the problem of enterprise A's credit investigation in the People's Bank of China, then the reputation of the enterprise will decline, and the increase of interest will also lead to the increase of financial cost, so it is necessary to solve the loan problem.
In the past, banks could borrow the new and repay the old, but after the normalization of bank loan management, the way enterprises borrow the new and repay the old will significantly affect the approval of new loans. After all, enterprises can show that they have enough funds to repay loans.
Who can lend a large sum of money to Enterprise A?
At first, the local government came forward and agreed with Bank B to help Enterprise A repay the loan with financial funds, local credit cooperatives and other enterprises.
Later, with the gradual standardization of financial management, these methods can no longer be used, and some intermediary institutions such as guarantee companies, financial companies, financial companies and other third-party institutions came into being.
These third-party companies will seek a commitment from Bank B and agree to lend to Enterprise A, and the funds must be specially returned to Bank B. After a certain period of time, Bank B must lend to Enterprise A the specified amount again, and the funds involved must also be returned to itself.
This process is called crossing the bridge. This is the time difference earned by the intermediate third-party organizations.
As a financial practitioner, I am very familiar with crossing the bridge and often deal with it. But crossing the bridge doesn't know what it means to many amateur friends.
In fact, crossing the bridge is a special term for the financial industry. Today, the loan officer will show you what crossing the bridge is.
1. What is the Capital Bridge?
Simply put, crossing the bridge is the transition of funds. It is common for funds to cross the bridge in bank loans. Many enterprises don't always repay the loans to financial institutions after their maturity, so they can only find some external advance companies to put the original loans in, and then wait for the loan institutions to re-approve, and then lend out to repay the money of the advance companies, so as to achieve the purpose of extending the repayment period.
Second, but crossing the bridge is also risky.
Sometimes banks have promised to re-issue loans, but because of sudden changes in some policies or sudden discovery of huge potential risks in enterprises, even if the loans are approved, they will suddenly stop issuing loans.
Once the bank refuses to issue a new loan after recovering the original loan, both the prepayment company and the borrower will be in a passive situation. For the borrower, if the bank no longer issues loans and has no money to repay the company's money, it can only be repaid by itself.
If the borrower does not have enough funds to repay, he will have to wait for the company to auction off the relevant assets of his own enterprise or even transfer the equity, so he must take the enterprise loan seriously and never be careless.
Bank loan bridge is a short-term financing, with relatively high interest rate and many intermediate links!
Nowadays, with the rapid development of enterprise management, cash flow has become one of the necessary factors to support enterprise development. How many good companies went bankrupt and paid their debts because of the broken cash flow?
We have a classic scene from the famous film and television drama in the name of people, which is about bridge loan. Cai Chenggong, the boss of Dafeng Factory, has a broken capital chain and is facing loan maturity. I found the then President Jing Meffert, and Jing Meffert suggested him to be bridge loan. When Cai Chenggong repaid the loan, the bank took out the loan and failed to issue the loan as promised, which led to Cai Chenggong's further illness and had to sell Dafeng Factory to pay off the debt.
Simply put, the enterprise applied for a large loan from the bank, but it was unable to repay it near the repayment date. You can only apply for a short-term financing from a third party and repay it to the bank. You can apply for a new loan after the bank records the money. This is called bridge loan, also known as bridge loan, which is short for the people.
Bridge loan has been used for a short time, and the interest is still very high, which is unimaginable to ordinary people. Bridge loan is another form of expression!
Hello, bridge loan has a background of * * *, that is, the enterprise can't afford the bank loan due for the time being.
You know, loans from enterprises and banks have a time limit, and when they don't expire, bridge loan comes into being.
1. What is bridge loan? Let me explain it to you with a case.
Enterprise A borrowed 654,380,000 yuan from China Construction Bank on June 65,438+0, 2065,438+09, with a term of 65,438+0 years. By May 3, 2020, the loan is due, but the accounts receivable operated by enterprise A are not enough to be returned to the bank due to the customer's default. What should Enterprise A do? Generally speaking, there are three possibilities:
1, CCB directly forced the collection of loans, and Enterprise A faced the fate of bankruptcy. Finally, the bank added a non-performing loan, which can be said to be a lose-lose outcome. If enterprise A is only an account receivable problem, there is still hope, and the general bank will not do so.
2. China Construction Bank will issue a new loan to Enterprise A to pay off the old loan, which is also called borrowing the new and returning the old. But if you do this, according to the regulations of the People's Bank of China, it will be classified as a concern category. For banks, it will affect the amount of funds that can be loaned. For enterprise A, other banks will have a chain reaction when they see that this enterprise is listed as the object of attention. It can be seen that this situation will only be used if it is absolutely necessary.
Step 3 Use bridge loan. Because the business ability of enterprise A is still normal, there is nothing more than a problem with accounts receivable. This loan can be easily repaid in half a year. Then enterprise A will find another better company B, borrow 6.5438+million yuan from B and return it to the bank first, and then the bank will continue to lend 6.5438+million yuan to enterprise A, and then enterprise A will return the interest on the number of days the money is used to enterprise B. This is the bridge fund.
It can be seen that the use of bridge loan is still a normal loan for banks. Enterprise A avoids bankruptcy or risk classification reduction, and also earns interest for enterprise B, which can be said to be a win-win situation.
Second, the use of bridge loan is also risky.
If the bank suddenly goes back on its word and does not renew the loan to enterprise A after recovering the loan, it is estimated that there will be a series of enterprises A and B in the follow-up.
Or enterprise A itself will have operational risks, but in this process, the external packaging image is good. After the bank continued to lend to enterprise A, enterprise A knew that there was no hope of repayment and fled directly with the money. In the end, both the bank and enterprise B will face huge losses.
Of course, enterprise B may also belong to, or even be a routine loan, and enterprise A is caught in this dilemma, and the original good enterprise may be directly frozen to death.
In a word, bridge loan is indeed a good way for enterprises to repay in the bank, but it will involve a triangular relationship. If one of them has problems, it will lead to the risk of various chain reactions.
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Refers to the temporary loan that the borrower applies to the bank in order not to affect the construction period or production progress when the original planned funds are not in place temporarily. For example, the borrower's project contract has been signed, and for some reason, the advance payment of Party A (the construction unit) cannot be paid in time. In order not to delay the construction period, the borrower applies for a temporary loan from the bank and returns it immediately after Party A pays the advance payment.
I have worked in banking for many years. In fact, bridge crossing is a special term in the financial field.
Bridge loan, also known as bridge loan, refers to financial institution A's inability to operate due to temporary lack of funds after receiving the loan project, so it consulted financial institution B and asked it to help distribute funds. After the funds of financial institution A are in place, B quits.
For B, this loan is the so-called bridge loan. In China, policy banks such as CDB/ Exim Bank/Agricultural Development Bank play the role of financial institution A, while commercial banks play the role of financial institution B. ..
Generally speaking, bridge loan is a bridge loan. Bridge loan is an effective tool to directly capitalize buying opportunities, and the biggest advantage of bridge loan is its quick recovery.
Bridge loan has a short term, no more than one year, and the interest rate is relatively high, with some mortgages such as real estate or inventory as collateral.
The funds provided by bridge loan to pave the way for M&A transactions can be understood as temporary or short-term loans provided by banks and other financial institutions to borrowers.
As we all know, financing difficulties have always been a "roadblock" for SMEs. In the development of many small and medium-sized enterprises, due to the "time lag" of repaying loans, renewing loans and transferring loans, "short circuit of funds" often occurs. As a result, some institutions specializing in bridge financing and providing emergency financing services for small and medium-sized enterprises came into being.
But sadly, people are often deceived by unreliable loan companies and lose all their money. So, what should I pay attention to when crossing the bridge? How can I find a reliable loan company? First of all, understand the characteristics of funds crossing the bridge.
First, the interest is high.
Second, the term is short.
Third, the channel requirements are high.
At present, regular advance payment companies mainly make bank loans and large financial groups with state-owned assets background. For private lending and some companies or online loans, advance companies generally do not advance because of the great risks.
A bank crossing the bridge means that the borrower has no money to repay the bank, and finds an institution or an individual to repay the money for the borrower. After the bank issues a new loan, it will use the newly issued loan to return the money to the lender with interest.
explain
On August, 2065438, Zhang Ge applied for a mortgage loan of RMB 2 million from a branch of Chengdu Construction Bank.
1. loan term: 1 year,
2. annualized interest rate: 3.85%,
3. Repayment method: interest first, then principal,
4. Maturity date: August 2020 1.
Brother Zhang's loan is used to open a new hot pot restaurant in his own name. It was originally planned to withdraw funds through one-year operation and return the principal of CCB. However, there are risks in doing business. This year, I lost 500,000 yuan instead of returning to my capital.
At this time, the bank immediately faces the demand of returning the principal at maturity.
Note: If this loan is not repaid on time, it will have a great impact on Brother Zhang.
1. Overdue credit information affects credit records, so it is not good to deal with banks in the future. If the circumstances are serious, it may lead to consumption restrictions.
Because Zhang Ge's loan is a mortgage with his own property. If you don't return it on time, you may even go through the auction procedure, so Zhang Ge's house will be lost.
Facing the bank's collection, I feel great mental pressure.
Solution:
1. Lending: Find another bank to apply for mortgage loan before the loan of CCB expires.
2. Renew the loan: before the loan expires, CCB is required to renew the loan again.
3. sell a house, but it takes time to buy a house.
No matter which way Zhang Ge uses, it will involve raising funds to cross the bridge. Unless my brother Zhang Can borrows 2 million yuan from relatives and friends for a short walk.
Cross-bridge financing is a short-term financing behavior with a term of no more than six months. Cross-bridge financing is a kind of financing behavior relative to long-term funds. The bridge-crossing funds are temporary turnover, and the general term is short, ranging from a few days to several weeks, and the longest is six months.
At this time, Zhang Ge applies to CCB or other banks for loan extension or loan refinancing, and the bank's approval is generally10-15 working days. After the approval of the bank, the first loan of 2 million yuan was about to expire, and Zhang Ge applied to the fund-raising bridge crossing company to cross the bridge. According to the bank's examination and approval of the loan transfer or renewal, after the expiration of August 65, 438+0, the fund-raising bridge company helped Zhang Ge to build the project.
Bridge loan is a loan method of "returning the old and borrowing the new". Simply put, it is a way to help borrowers make temporary turnover before the repayment period of a loan expires. After successful repayment, the borrower makes a second loan, and then repays the borrowed funds for bridge loan.
There are generally five links in applying for bridge loan:
1. Preliminary review
First, the borrower needs to apply for bridge loan, and then wait for approval. The content of examination and approval generally focuses on the basic situation such as loan purpose, loan cycle, repayment source and path. If it meets the requirements, the borrower shall be approved to handle it.
Step 2 confirm
Verification is a kind of risk inquiry to the borrower, which mainly includes checking the credit record and the implementation of bank loan approval or guarantee company guarantee. It should be noted that checking the credit records not only includes the borrower himself, but also includes the credit records of whether the spouse is married, whether there is any bad, and sometimes.
3. Office certificate
Borrowers need to bring relevant documents to the notary office to handle loans, entrustment and notarization of identity cards.
sign a contract
After verification, the borrower can sign the loan contract, house purchase and sale contract, house purchase receipt, non-lease certificate and other related materials.
make a touch
The last link is waiting for a loan.
Bridge loan has four distinct advantages. First of all, bridge loan has a short term, generally no more than 6 months, which is suitable for people who need short-term turnover; Secondly, the bridge loan has a high gold content, which is very important to users from the perspective of capital operation, and can support the economy and play a role in bridging the bridge; Then the high rate of return on capital of bridge loans can be reflected in ensuring the security of credit information; Finally, the risk in bridge loan is easier to control, because it is only a temporary need, and there are follow-up funds to replace it.
There are six common forms of bridging loans:
1. Banks also borrow new funds.
2. Asset bridge business
3. Loans from new and old businesses generated by revolving within the credit period of the bank.
4. Real estate bridge fund business
5. Bill financing funds
6. Reduce the size of the bridge.
In a word, bridging funds can help borrowers solve the problem of funds in critical situations, and it is an effective financing method.
Bridge loan, mostly used for housing mortgage.
Divided into the following points:
First, when the bank's mortgage is about to repay the principal, there is no way to take out so much at once. At this time, you can find some institutions to redeem your house with electronic products according to the value of your house and help them pay it back, then mortgage the house and pay in advance, commonly known as crossing the bridge.
What does bridge loan mean?
Bridge loan means that although financial institution A has obtained the loan project, it is temporarily unable to operate due to lack of funds, so it turns to financial institution B to obtain funds. After the funds of financial institution A are in place, B quits. For Agency B, this loan is the so-called bridge loan. In China, financial institution A mainly represents policy banks such as China Development Bank, Export-Import Bank and Agricultural Development Bank, while financial institution B represents major commercial banks.
The biggest advantage of bridge loan is its fast recycling speed. Bridge loan has a short term, no more than one year, and the interest rate is relatively high. General collateral is real estate or inventory. Bridge loan can also meet the short-term financing needs of the acquirer. From the practice of commercial banks in bridge loan, the basic relationship of business is still the legal relationship of loan contract and the legal relationship of guarantee. In China, the borrower of bridge loan must be a listed company or a company to be listed, and have a legal relationship with the bank. Companies preparing to go public need to ensure that their stock issuance plans have been approved by the state securities regulatory authorities.