Can companies obtain loans from other places?
Although most corporate loans apply directly through local banks, if you encounter special circumstances, such as when you cannot apply for a loan locally, You can choose off-site loan financing.
Enterprises that want loans should meet these conditions: First, the company must have been established for more than three years; second, the company’s invoice amount in the past six months must be more than 1.5 million yuan; third, the company’s financial The condition must be good, and the main focus is on the company's balance sheet, profit and loss statement, and cash flow statement. The other thing is that it must have a fixed business location. Not only apply for a loan at a local bank, but you can also get a loan from another place.
Funds are the guarantee for the survival and development of an enterprise. In the process of business operation, sufficient funds can ensure the good development of the enterprise. In order to solve the shortage of funds, companies usually raise funds through financing.
Enterprise loans usually have the following loan methods:
1. Natural person guaranteed loans
In August 2002, the Industrial and Commercial Bank of China took the lead in launching natural person guaranteed loans In the future, when ICBC’s domestic institutions handle credit business for small and medium-sized enterprises with a term of less than three years, natural persons can provide property guarantees and bear reimbursement liabilities. Natural person guarantees can take the form of mortgage, rights pledge, or mortgage plus guarantee. Properties that can be used as mortgage include personal properties, land use rights, transportation vehicles, etc. Personal property that can be pledged includes savings certificates, certificated treasury bonds and registered financial bonds. Mortgage plus guarantee means that on the basis of property mortgage, a joint liability guarantee of the mortgagor is added. If the borrower fails to repay the entire loan principal and interest on time or other defaults occur, the bank will require the guarantor to perform its guarantee obligations.
2. Loans secured by intangible assets
According to the relevant provisions of the "Guarantee Law of the People's Republic of China", the exclusive rights to trademarks, patents and copyrights that can be transferred in accordance with the law Intangible assets such as property rights can be used as loan pledges.
3. Bill discount financing
Bill discount financing means that the bill holder transfers the commercial bill to the bank and obtains funds after deducting the discount interest. In our country, commercial bills mainly refer to bank acceptance bills and commercial acceptance bills. One of the benefits of this financing method is that banks do not lend based on the asset size of the company, but based on market conditions (sales contracts). From the time an enterprise receives a bill to the date when the bill matures for redemption, it often takes anywhere from a few dozen days to as many as 300 days. During this period, the funds are idle. If an enterprise can make full use of bill discount financing, the procedure is far simpler than applying for a loan, and the financing cost is very low. For bill discounting, you only need to bring the corresponding bills to the bank to go through the relevant procedures. It can usually be completed within 3 business days. For enterprises, this is "use tomorrow's money to make money the day after tomorrow." This financing method It is worthy of extensive and active use by small and medium-sized enterprises.
4. Loans (borrows) guaranteed by credit guarantee loan guarantee companies
With the accumulation of private funds and the increasing difficulty of banks in granting loans, guaranteeing loans through guarantee companies is an important step for entrepreneurs and The main way for small and medium-sized enterprises to finance is that many credit guarantee institutions have been established in various cities and towns across the country. The sources of guarantee funds for most of these institutions are generally composed of local government financial allocations, funds raised from society (private), and funds from commercial banks. When an enterprise borrows money from a bank or private sector, it can be guaranteed by a guarantee agency. When enterprises cannot provide guarantee measures acceptable to banks, such as mortgages, pledges or third-party credit guarantors, guarantee companies can solve these problems.
In addition to the above, companies can also obtain financing through these methods: buyer's loans, remote joint collaboration loans, project development loans, export foreign exchange loans and other loan methods.