How Do Small Businesses Get Loans?

Mr. Liu has been working for others since he was laid off in 2000. Later, he came up with the idea of starting his own business. He decided to start a single apartment.

He is going to lease 3 old houses near the labor market, carry out pformation and simple decoration, and then hire them to single employees or to seek scholars elsewhere.

According to the budget, the cost of decoration and the purchase of simple furniture is 30 thousand yuan. The owner asks for a 1 year rent in advance, and 3 houses need to pay 10 thousand yuan in advance, so that the overall start-up start-up capital is 40 thousand yuan.

He asked a friend who specializes in credit at a bank. The friend recommended to him a new business that the bank just launched as a business loan.

Under the guidance of his friends, he mortgaged himself to the housing reform house and went to the bank to start a business loan.

After obtaining the loan, Mr. Liu found that the loan was not only simple but also enjoyed a 20% interest rate.

Relying on this venture loan, Mr. Liu's single apartment soon opened and business was booming. The net monthly rental income was about 2000 yuan after deducting interest on loans and other expenses.

Venture loan refers to a kind of special loan issued by an individual who has certain production and management ability or has already engaged in production and operation activities, and applies for capital requirement because of entrepreneurship or re start business.

Mortgage loans: other people's property rights to make their own fortune, Mr. Zhao was originally a factory driver. Last year, the unit bought out the length of service. After taking a compensation, he became an unemployed person.

At this time, the area where Mr. Zhao was located started construction of highways, and civil engineering requires a lot of engineering vehicles. Now, most of the contractors do not buy their own cars, but they can solve the problem by paying the owner's vehicle and paying the owner according to the workload.

After some investigations, Mr. Zhao felt that buying a pport vehicle for civil engineering is a very good way to make money. But buying a car needs a lot of money. A cheapest dump truck can't get 80 thousand. He has only 20 thousand yuan to buy out the compensation for his working age, so he has to turn to the bank.

With the help of the bank staff, he first saw a 15 ton dump truck in the designated car dealership, and signed a 60 thousand yuan mortgage contract with the bank as collateral for the purchase of the vehicle.

Finally, after paying more than 20 thousand yuan of first payment, he drove the new car home, and soon carried on the earthworks at the site.

Now, Mr. Zhao has hired a driver who works more than 10 hours a day, earning more than 8000 yuan a month.

Mortgage loan refers to the loan issued by the borrower or third party's property as collateral under the mortgage law stipulated in the guaranty law.

When handling mortgages, the bank should keep the relevant property rights certificate of the mortgaged property, especially for housing mortgage and auto loan. You can use the car to drive the house, but strictly speaking, the property right has been mortgaged to the bank, and you only have the right to use it.

The amount of mortgage loans generally does not exceed 70% of the collateral valuation price, and the maximum loan limit is 300 thousand yuan.

If you need to purchase a commercial house along the street, you can apply for a commercial housing mortgage loan to the bank, and the loan amount will not exceed 60% of the estimated value of the commercial housing, and the loan term will not exceed 10 years. Because you need to buy cars, trucks, buses, engineering vehicles and taxi operations, you can handle the car loan as well as Mr. Zhao. This loan does not normally exceed 80% of the purchase cost, and the loan period is not more than 5 years.

Loans for certificates of deposit and treasury bonds: to excavate credit resources, Ms. Li wants to open a chain store of a brand cosmetics. According to the requirements of headquarters, she needs to pay 50 thousand yuan for all kinds of expenses.

She has 10 thousand yuan in cash in hand, and has a 50 thousand yuan time deposit certificate, originally intended to handle the withdrawal in advance, but the staff of the bank hint that the early withdrawal will cause a large interest loss.

In this case, the bank financial planner recommended to her a financial website's "early acquisition and mortgage loan which cost-effective" tool, Ms. Lee log on to the network, the calculator calculation results show that: your mortgage loan is more than the early withdrawal of 2244 yuan.

So she went through the pledge loan, which raised the venture capital in time and avoided the interest loss in advance.

The starting point of the mortgage loan is generally 5000 yuan, and each loan does not exceed 80% of the face value of the pledge. Under normal circumstances, loans can be obtained on the day of the bank outlets.

In addition, in recent years, banks in order to improve the efficiency of marketing loans, taking into account the risk of loans at the same time, the loan pledge requirements continue to relax, in addition to this deposit certificate pledge loan, with Treasury, insurance company policy, personal credit and other credit resources can also easily get personal loans that can be used for business.

The national debt has won the favor of residents because of its high interest rate and exemption from interest tax. In order to facilitate the holders of treasury bonds, the people's Bank of China and the Ministry of Finance promulgated the "certificate type treasury bonds pledge loan". According to the regulations, the Treasury bonds issued by the Ministry of Finance in 1999 and the underwriting banks' sales in the form of "People's Republic of China certificate treasury bonds collection voucher" can be used at the designated outlets of commercial banks to handle treasury bonds mortgage loans.

The starting point of treasury bond loan is 5000 yuan, and each loan does not exceed 90% of the value of the Treasury bonds. The longest loan period generally does not exceed the maturity date of the certificate bond. If we use multiple certificates of treasury bonds with different maturities, we will determine the loan period from the nearest person.

In addition, if you get written consent from relatives and friends, and at the same time produce valid identity documents of yourself and friends and relatives, you can also use collateral bonds of relatives and friends to handle mortgage loans.