Business mainly includes SME loans, commercial loans, individual customers, second-hand housing loans, mortgage loans, consumer loans, car loans and mortgages, as well as other loan intermediary guarantee businesses within the scope permitted by law.
2. An investment company is a financial intermediary, which pools the funds of individual investors and invests them in many securities or other assets. "Asset concentration" is the core meaning behind securities investment companies. In the investment portfolio established by the investment company, each investor has the right to claim the investment portfolio in proportion to the investment amount. These investment companies provide a mechanism for small investors: they can organize themselves to obtain the benefits of large-scale investment.
3. Microfinance companies
Microfinance companies are limited liability companies or joint stock limited companies established by natural persons, enterprise legal persons and their social organizations that do not absorb public deposits and operate microfinance business. Compared with banks, small loan companies are more convenient and faster, and are suitable for the capital needs of small and medium-sized enterprises and individual industrial and commercial households; Compared with private lending, microfinance is more standardized, and loan interest can be negotiated by both parties.
A small loan company is an enterprise legal person, which has independent legal person property, enjoys legal person property rights, and bears civil liability for its debts with all its property. Shareholders of small loan companies enjoy the right to return on assets, participate in major decisions and choose managers according to law, and are liable to the company to the extent of their subscribed capital contribution or subscribed shares.
Small loan companies shall abide by national laws and administrative regulations, implement national financial policies, implement financial standards and accounting systems of financial enterprises, and accept the supervision and management of governments at all levels and relevant departments according to law.
Microfinance companies themselves are not bank financial institutions and cannot absorb public deposits. Small loan companies lend to farmers and small and medium-sized enterprises. Although the business is short, frequent and fast, the loan is efficient, flexible and low threshold, which can alleviate the financing difficulties of small enterprises and farmers to a certain extent and help guide the private lending behavior to standardization and sunshine. However, behind the explosive growth of the number of microfinance companies, some problems and constraints it faces are increasingly prominent.
4. Private loan companies
Private lending refers to lending between citizens, between citizens and legal persons, and between citizens and other organizations. Private lending is divided into private individual lending activities and lending between citizens and non-financial enterprises. As long as the intentions of both parties are true, it can be considered as valid, and the mortgage generated by the loan is also valid accordingly, but the interest rate shall not exceed the relevant interest rate stipulated by the People's Bank of China, that is, it shall not exceed four times the benchmark interest rate of the bank's loan for the same period, which is regarded as usury, and the excess is not protected by law. Private lending is a direct financing channel, while bank lending is an indirect financing channel. Private lending is an investment channel of private capital and a form of private finance. The state has gradually liberalized the restrictions on non-governmental micro-credit and formulated a series of supporting policies, which has enabled the industries in folk credit to develop rapidly.
5. Pawnshop
Pawnshop, also known as pawnshop, is an informal marginal financial institution that specializes in issuing pledged loans. It is a market intermediary organization that mainly lends money and supplemented by commodity sales. Because it has existed in the history of major countries in the world, the languages of different nationalities are expressed by fixed vocabulary.
Pawnshop, also known as pawn company or pawn shop, is a non-bank financial institution that mainly uses property as collateral for paid term loan financing. The development of pawn companies provides fast and convenient financing means for small and medium-sized enterprises, promotes the development of production and the prosperity of financial industry, and also plays an important role in increasing fiscal revenue and regulating economy. Exchange of goods for money is the essential feature and operation mode of pawn. When the pawnbroker delivers its property with certain value to the pawnbroker for actual possession as a guarantee of creditor's rights, in exchange for certain funds, when the current period expires, the pawnbroker usually has two profit channels: one is to redeem the pawnbroker and charge interest and other fees for profit; Second, if the household dies, dispose of the pawn, make up for the loss and make a profit.
Pawnshop is a unique social and economic institution with both financial and commercial nature, and its financing service function is obvious. The financing service function is the most important and main social function of pawn companies, and it is also the currency trading function of pawn shops. In addition, pawn companies also play the role of pawn custody and commodity trading. In addition, pawn shops have other functions, such as providing services such as identification, evaluation and pricing of pawned goods.