Financing Strategy For University Students' Venture Loans

To graduate, when a group of students are struggling to find "golden rice bowl", others are carrying the dream of "giving others a job" to embark on the road of entrepreneurship.

The first problem before them is the start-up capital.

In the case of tight credit in commercial banks, the application of individual business loans for some banks is more difficult. However, there are still many channels to raise funds to choose from.

It's harder to start a business than to keep it.

Many entrepreneurs, after solving the problem of start-up capital, are faced with greater capital needs accompanied by company expansion and business expansion.

The continuous expansion of the entrepreneurial force has also enabled more banks and intermediaries to see the great demand for loan business.

Using business loans to expand business is the second issue faced by entrepreneurs.

Are you ready to start your business loan?

During this period, we visited several entrepreneurs who just walked out of campus or have achieved little success. After consulting the relevant organizations and experts, we provided them with several loan methods for reference.

Are you ready to start your business?

Liu Min: I have already graduated from graduate school for nearly a year, and finally can not bear the pain of finding a job. I decided to play my professional expertise and set up my own design company.

However, I need about 50 thousand yuan of start-up capital, but no savings and real estate.

My parents are civil servants and have their own property. Can I apply for a business loan with their identity?

The loan scheme: borrow the parental power to guarantee the application difficulty of the loan: the four star, but frankly speaking, although some commercial banks have launched the unsecured and unsecured individual business loans, many commercial banks will give different scores according to their clients' age, marriage, occupation, past credit, personal and family property status.

For graduates who are younger and whose credit files are not complete, scores will not have much advantage.

Bank related experts suggest that because Mr. Liu's parents have a stable income, this should be a good credit resource.

Mr. Liu can consider using his parents' real estate, certificates of deposit, valuable bonds or policies to handle mortgage or pledge loans.

However, it is worth noting that banks are very cautious in issuing such loans. In order to avoid risks, the loan approval process for such products is rather cumbersome and cumbersome.

In addition to considering the way to mortgage real estate, some banks have also introduced guarantee businesses, such as the natural person guaranteed loans of Pudong Development Bank, which can be secured without the mortgage of real estate.

This kind of method is more suitable for college students who have started school.

The cost abacus: it is understood that, because of the tight credit policy, the current bank's personal housing mortgage loan is difficult to enjoy the preferential interest rate, but the implementation of the central bank's benchmark interest rate. At present, the central bank stipulates a one-year loan benchmark interest rate is 7.47%.

In addition, generally speaking, the lender also needs to pay the lawyer's testimony fee, mortgage registration fee, the insurance premium of the mortgage property, and the appraisal fee of the real estate.

Wu Qiong: I graduated from university last year and worked in a public institution. I am not busy at work. My income is not high.

If you want to open a clothing store with your husband, it will cost about 100 thousand yuan at the beginning, but when our rent is collected, the money should be returned soon.

Loan scheme: the lowest threshold mortgage loan application difficulty: one star, Wu Qiong, the situation is a typical "emergency" loan, the way of pawn loan is the most suitable.

Although compared with bank loans, pawn loan has high cost and small loan scale, pawnshop loan has its own unique advantages, that is, it can be handled quickly and even immediately. Moreover, pawn shops require almost no credit requirement for customers, which can save complex proof procedures.

In addition, when customers borrow money from a bank, the purpose of the loan can not exceed the scope specified by the bank.

Pawnshops, however, do not ask about the use of loans. Borrowing is very free.

The relevant person in charge of the Chinese pawnshop is to take the property pawn as an example. As long as we see the property certificate and the land certificate are complete, the staff can visit the house after visiting the house, and the loan is very convenient.

In addition, assets such as securities, motor vehicles, watches, jewellery, antiques, paintings and other assets (whose value is more than 300 yuan) can be replaced by "replacement" funds, which is difficult to achieve in banks.

The cost abacus: it is much more expensive than bank loans.

At present, many pawnshops in Beijing carry out 3.2% monthly interest in mortgage loans.

After conversion, the annual interest rate is above 30%, so pawn loan is not suitable for long-term financing.

Wang Jingyun: I have worked for half a year, but no matter how hard I try, the money is not enough.

Seeing the excellent operation of a friend's shop, I also want to have a shop on my own.

Although the online shop investment requirements are not high, but calculate the monthly freight need to be paid, my "moonlight clan" is still shyness.

I want to cash a credit card, but the fee is too high.

Loan scheme: unsecured loan to revitalize your capital: difficulty in application: do you have any loans that need neither guarantee nor mortgage?

The answer is yes.

With good credit records, you can also get loans.

At present, some foreign banks have brought such loans very popular abroad to China.

The prominent advantage of such products is the low threshold and no guarantee or collateral.

Take Standard Chartered Bank's unsecured personal loan product, the "cash loan faction" as an example.

As long as the applicant has stable occupation and income, works in the current unit for 3 months, and the monthly income before tax is above 3000 yuan, he can get the loan with his personal credit.

Compared with credit card loans, the use of credit loans is more flexible and more in line with the consumption trend of modern society.

It is not restricted by the uniqueness of mortgage and car loan, nor is it restricted by the designated merchant of credit card.

Similar businesses in China also include Citibank's "happy loan".

The cost abacus: a few banks that launch this business have different interest rate standards.

For example, Citigroup's "happy time loan" takes the annual interest rate of 8.8% as the benchmark, floating up and down 15%, that is, floating between 7.48% and 10.12%.

Standard Chartered Bank's "cash loan faction" stipulates that the loan amount is divided into 20 thousand yuan or more according to the time limit, and the annual loan repayment period of 6 months and 1 years is 7.9%.

In addition, the applicant also needs to calculate 0.49% of the total monthly loan management fee.

As the saying goes, entrepreneurship is harder and business harder.

After many entrepreneurs solve the problem of start-up capital, they are faced with greater capital needs accompanying company development and business expansion.

The continuous expansion of the entrepreneurial force has also enabled more banks and intermediaries to see the great demand for loan business.

For the second part of the venture loan, we will give you a detailed account of how to apply for a business loan after starting a business.

What are the main points of the bank's credit investigation of small and medium-sized enterprises? The 1. bank credit includes settlement credit and loan credit.

Settlement credit refers to the normal application of the loan company in cash settlement, and there has not been any bad record of violating the discipline of settlement, refund of the bill, no cashing of the bill and fines.

Borrowing credit means that the borrower has a good repayment desire, and has failed to repay debts, such as bank loans, no overdue loans or interest payments.

The 2. business credit: including the application for loan companies can abide by the promise of the business, and do not lose faith in the performance of the contract and the payment of accounts payable debts.

3. financial credit: accounting settlement standard, accounting statement truthful and credible, asset reality, no cash withdrawal or other fraud.

4. tax credit: enterprises can pay taxes on time and no bad records such as theft or tax evasion.

The above is the four principles of the bank's credit rating.

In the interview, reporters found that many banks, because of the risk of loans and capital gains, are very strict in the qualification of loans for small and medium enterprises, requiring loan applicants to provide various kinds of documents and proof materials, resulting in a lot of applicants' dilemma that they want to borrow but can not lend.

But on the other hand, we find that if you can make some preparations in advance, the loan application may be much simpler.

1., do the consultation before application.

Generally speaking, banks will make explicit provisions on the qualification of loan applicants. Before submitting the loan application, you must first see if they belong to the "non loan type".

After the 2. loan payment, we must repay the money on time, be honest and trustworthy, and establish a good credit relationship with banks.

It is necessary to calculate the profit margin and repayment ability of a company before lending 3.. According to the demand for funds, the loan amount and loan period should be put forward. Generally speaking, the initial loan amount should not be too large, otherwise it may cause "refuse to lend".

The latest search is the latest search, the postal savings bank of China, "good loan, good repayment", personal business loans, and suitable for the crowd: small business operators with less capital requirements and high financial flexibility.

Product advantages: low audit threshold, high flexibility, easy handling, quick arrival of funds, free whole process and no cost.

Qualification of products and services: 1. Beijing's long term business, stable source of income and good repayment intentions of individual business owners and small business owners 2. business entities (shops or enterprises) have business licenses issued by the business sector, and normally operate for over 3. years, providing personal property mortgage.

The maximum loan amount: the maximum mortgage amount is 1 million yuan.

The duration of the loan is 5 years, and the maximum length of each loan is 24 months.

Loan interest rate: if the loan interest rate is 9.828%, the interest rate will be no longer adjusted during the loan period.

The way of repayment is: the repayment of the principal and interest in the same amount, the repayment of the principal and interest in the same period, and for the loans within 3 months, you may choose to pay the debt at the end of the term.

There is no need to pay in advance.

Loan approval time: if you are applying for a loan for the first time, you will get the funds within 3 days after the completion of the mortgage registration certificate in the housing management department (depending on the difference between districts and counties, the processing time varies from 1 working days to 30 working days). Within five years, when you apply for a loan again, you only need 3 working days to get the funds.

How can we apply for it? At present, it can only be handled through the branch of China Post Savings Fuchengmen branch and Wei Gong Cun branch. It began to be pushed out in the eight district of the city in July.

In the interview, we learned that although many banks have launched loans for small and medium enterprises, the procedures for examination and approval are cumbersome and time-consuming, and the qualification requirements for borrowers are very high.

The product launched by the postal savings office should be said to be a loan product that is short of approval time and convenient to handle in the market at present.

Moreover, the "good loan is good," the flexibility of this product is very high. Lenders can sign loan agreements with the postal savings in advance. When they are in urgent need of money, they can enter their accounts within 3 days, which solves many unexpected financial needs of many lenders, and really achieves "usual loans and time withdrawals".

The voice of the operator: the personal clothing operator, Miss Xu, has gone to two other banks before handling the loan in the postal savings bank. One bank told me directly that they were unwilling to accept my small business. Another bank did not do it for 2 months.

Later, when I was in the postal savings bank, I saw this loan business occasionally. I thought it was very suitable for my small boss who was running my own business. The funds needed were usually between 200 thousand and 600 thousand.

After signing the loan agreement 1 months later, I needed the working capital urgently, so I put forward the application for drawing money to the postal savings office, and it was very convenient to pay the money in second days.

Standard Chartered Bank's "small and medium enterprises unsecured small loan" product highlights: unsecured small loan loans