1. Review the borrower's loan application: Hongyousheng Loan Company will review the borrower's loan application, including the borrower's identity certificate, income certificate and credit record.
2. Evaluation of the borrower's collateral: The borrower needs to provide collateral and pledge as guarantee, and Hongyousheng Loan Company will evaluate the collateral and pledge to ensure that their values meet the loan requirements.
3. Signing a loan contract: After the borrower's loan application is approved, Hongyousheng Loan Company will sign a formal loan contract with the borrower.
4. Lending: After the contract is signed, Hongyousheng Loan Company will issue the loan to the borrower in the way agreed in the contract, and the loan will be directly remitted to the borrower's bank account.