1. The business you mentioned is generally called "bridge crossing" or "bridging". Usually local guarantee companies or other banks do this, but the interest is very high. The general monthly interest rate is 2-5. It is normal that the loan term did not match before, now and in the future. There is no good way.

Your friend's loan reversal is your fault. It should be that you have a funding gap of 400,000, with loans of 400,000 in ICBC and 400,000 in ABC, making a total loan of 800,000. However, the term of the two is different, generally more than 2-3 months, because the bank will only approve loans for 2-3 months, so let's go this time.

The following is a good way to calculate the financing cost and cross the bridge. Take three months, for example. 400,000 times the corresponding monthly interest rate and then times the number of months to get a number. This is the fee for crossing the bridge.

Reverse loans are more complicated.

Let's talk about the order first: you can go to ICBC for a loan first. Generally, ICBC can borrow money, and you can basically borrow money from ABC. But the reverse is not necessarily true.

Let's talk about the schedule first: if ICBC borrows 400,000 yuan 1 year, it will start to borrow from Agricultural Bank of China after 6-9 months, and the amount is also 400,000 yuan. This time mainly depends on the speed of bank loan approval, which usually takes at least 2-3 months. Don't use the loan from ABC after it comes down, put it in the account and pay it back directly after ICBC expires. ICBC must take down the loan from ABC before it expires. After repayment, ICBC will continue to apply for a loan of 400,000 yuan from ICBC, and then return the loan to ABC after approval by ICBC. After repayment from ABC, continue to borrow from ABC, and so on.

Usually, if you play well, the financing cost of reverse loans is 2-3 months of bank interest, which is still very cost-effective. ,