Teach You Personal Venture Financing To Save Money

Wang Jia used to work as a salesman in a computer company. Later, a friend of the boss encouraged him to start his own business many times, and promised that he could provide security if he needed a loan.

With the help of his friends, he resigned from the job of earning a lot of money and registered himself with a computer company.

With the help of his friends, he secured a loan of 300 thousand yuan from the local credit union.

The service of the credit union is very perfect, that is, the interest rate of the loan is 30 higher than the legal loan interest rate. Besides, it deducts two inexplicable "consulting fees" and "financial adviser fees" from the loan, so that the annual interest rate of the actual loan is above 7.

At that time, Wang Jia did not pay much attention to the cost of loans. But because of the fierce competition in the computer industry, he could only manage small profits. At the end of the year, he was able to settle accounts and repay the principal and interest of the loan.

Many people often seek to be "thirsty" when they start their business. In order to raise start-up capital, they do not consider the financing cost and their actual demand for funds at all.

However, today, market competition makes operating profit margin lower and lower. Besides illegal operation, it is difficult to get extraordinary profits.

Therefore, the majority of entrepreneurs must consider the cost when financing, and grasp the tricks of saving money in venture capital financing.

The first choice is to choose the bank, and the loan must be three yuan.

According to the regulation of financial supervision department, banks can float or float interest rates within a certain range when issuing commercial loans, for example, the lending rates of many local banks can go up by 30.

As a matter of fact, when banks borrow money and go to the market to buy things, pick and choose goods that are cheaper than three.

Relatively speaking, the loan interest rate of the state-owned commercial banks is lower, but the procedures require stricter ones. If your loan procedures are complete, in order to save the cost of financing, you can adopt the method of individual "inquiry bidding", compare the loan interest rates of other banks and other extra charges, and choose a low cost bank to handle mortgage, pledge or secured loans.

Two, reasonable appropriation, housing loans can also start businesses.

If you have the intention to buy a house and have enough money to buy a house, you can "embezzle" the purchase and start applying for a mortgage loan from the bank.

Housing loans are the lowest interest rates in commercial loans, for example, the annual interest rate of housing loans is 4.77 within 5 years, while the average annual interest rate of commercial loans from 3 to 5 years is 5.58.

If an entrepreneur has bought a house, he can use the existing house as collateral for ordinary commercial loans. This kind of loan is not limited to use, and can be used as start-up capital.

Three, careful calculation and reasonable choice of loan maturity.

Bank loans are generally divided into short-term loans and medium and long term loans. The longer the loan period is, the higher the interest rate. If the entrepreneurs' demand for funds is not too long, they should try to choose short-term loans. For example, the original intention to apply for a two-year loan can be one year a loan, so that interest payments can be saved.

In addition, venture capital financing should also focus on the trend of interest rate. If interest rate trend is higher, we should rush to handle loans before raising interest rates; if interest rate trend is decreasing, we should postpone loans when the demand for funds is not urgent.

Four, make good use of the policy and enjoy the low interest treatment of the banks and the government.

Venture loan is a new business launched by banks in recent years. Anyone who has certain production and management capabilities or has already engaged in production and operation activities can apply for a special venture loan to a bank that starts the business because of the need to start business or re start business.

The term of a business loan is usually 1 years and the longest is not more than 3 years. According to the relevant regulations, the interest rate of the starting loan can not fluctuate upward, and it can float down 20 according to the same class interest rate stipulated by the bank. The loans for laid-off and unemployed people launched in many regions can also enjoy 60% of the government discount, and some areas have made small profits for the difficult workers, such as housekeeping services, health care and pension services, etc.

Five, family loans, the lowest cost of business "loans".

At the beginning of the business, what you need most is low cost financial support. If close relatives and friends have time deposits or bonds in the bank, then you can negotiate with them to borrow money, pay interest according to the deposit interest rate, and float properly, so that you can set up the venture capital very conveniently and quickly, and your relatives and friends can get slightly higher interest than the bank.

However, this requires borrowers to have a good reputation. If necessary, they can find guarantor or mortgage with real estate certificates, stocks, gold and silver ornaments, so as to relieve the worries of relatives and friends.

Six, early repayment, improve the efficiency of capital use.

In the process of starting a business, if the business capital is idle due to the increase in efficiency, the withdrawal of the loan and the operation in the off-season, and so on, the loan bank may apply to the loan bank to change the loan method and age, until some or all of them repay the loan ahead of schedule.

After the loan is changed or repaid, the bank will collect interest according to the loan time and loan amount, thereby reducing the interest burden of the lender and improving the efficiency of fund utilization.