There are two private enterprises with similar financial strength, operating conditions and profitability, both of which borrow from the same local bank. But banks treat the loan interest rate differently. Enterprise A enjoys the benchmark interest rate, while enterprise B's loan interest rate will rise by 10% on the basis of the benchmark interest rate. Enterprise B was puzzled by this and asked the bank why. The bank loan officer explained that the interest rate enjoyed by enterprises in bank loans has many factors. As long as one factor is different, interest rates will vary greatly. So, what are the factors that affect the interest rate of private enterprises? Comprehensive analysis, the following six factors affect the loan interest rate of private enterprises. As long as these factors are optimized, private enterprises can reduce the interest rate of bank loans to a certain extent. Generally speaking, banks draw lessons from the internationally accepted "four grades and ten grades" rating method and formulate specific quantitative evaluation standards in light of their own conditions. Generally speaking, the credit rating of enterprises is divided into AAA (excellent credit), AA (good credit) and A (good credit) from six aspects: enterprise credit building, overall governance credit, management credit, financial fund credit, scientific and technological credit and moral credit. BBB (average credit), BB (poor credit), B (poor credit), CCC (poor credit), CC (poor credit), C (no credit) and D (near bankruptcy). Each level from AA to CCC can be modified with+or-to indicate the relative credit level in the main level. Because different banks have different evaluation standards, the same enterprise may be rated AA in one bank and AA in another bank. Different credit ratings represent different meanings. For example, AAA indicates that the enterprise has high credit degree, low debt risk, excellent credit record, good operating condition, strong profitability and broad development prospects, and uncertain factors have little impact on its business development. BBB level means that the enterprise's credit level is average and its solvency is average. The credit records of these enterprises are normal, but their operating conditions, profitability and future development are easily affected by uncertain factors, and their solvency fluctuates. CCC level, indicating that corporate credit is very poor, almost no solvency. The credit rating of an enterprise is inversely proportional to the interest rate given by the bank. Enterprises with high credit ratings are high-quality customers that banks compete for, and the loan interest rate will not only go up, but also be lowered. The higher the credit rating, the lower the loan interest rate. Enterprises with medium credit rating generally implement the benchmark interest rate. Enterprises with low credit ratings have to raise interest rates. The lower the credit rating, the higher the interest rate. Therefore, in order to obtain the preferential interest rate policy of banks, enterprises must improve their credit rating from six aspects: corporate credit, overall quality credit, management credit, financial capital credit, technical credit and moral credit. With different loan guarantee methods, the credit rating required by floating interest rate management can be appropriately tightened or relaxed. Generally speaking, if enterprises use credit or mortgage, but the liquidity of collateral is poor, banks will raise the loan interest rate. If the enterprise mortgages with valuable documents, the bank will set a lower interest rate for its loans, because there is a guarantee to recover the loans at maturity. Therefore, when lending to a bank, we should make full use of our own conditions and choose the guarantee method that is most conducive to the bank to reduce the loan interest rate. If there is a pledge condition, you must choose the pledge method, and you can use the third-party credit guarantee only if you have to. When choosing professional guarantee institutions, it is important to choose SME credit guarantee institutions recognized by banks, which plays an important role in obtaining preferential interest rates from banks. Generally speaking, banks will evaluate the advantages and disadvantages of guarantee institutions from the following eight aspects, so borrowing enterprises should also comprehensively consider the following eight aspects to choose better guarantee institutions: ① Whether the operating environment of guarantee institutions is perfect and transparent; ② Whether the basic business risks are normal; ③ Whether the income from the main business is stable; ④ Whether the guarantee risk combination is reasonable; ⑤ Whether the risk management is complete and effective; ⑥ Whether the capital resources are sufficient and certain; ⑦ Whether the re-guarantee to reduce the capital loss is sound; 8. Whether the governance strategy is realistic and feasible. The fund settlement ratio refers to the proportion of the settlement amount of the enterprise in the loan bank to the sum of the enterprise. The higher the settlement ratio, that is, the larger the settlement amount in the loan bank, the higher the comprehensive benefits brought to the loan bank, and the loan interest rate may be reduced. Therefore, in order to obtain more favorable loan interest rate, enterprises should integrate settlement resources and concentrate all settlement business in loan banks as much as possible. Loan-to-deposit ratio ratio and loan-to-deposit ratio of banks, that is, loan-to-deposit ratio of enterprises in loan banks. The higher the ratio, the lower the loan cost. This problem is the same as the principle of fund settlement ratio. The more deposits an enterprise has in a loan bank, the greater the comprehensive benefits it brings to the loan bank, and the greater the possibility of lowering the loan interest rate. Therefore, in order to obtain more favorable loan interest rates, enterprises should integrate deposit resources and deposit all their funds in loan banks as much as possible. The longer the term of a single loan, the higher the risk compensation and the higher the loan cost. In view of this situation, enterprises should try to shorten the loan period, and those who can borrow in the short term will never borrow in the long term. In order to shorten the term of each loan, it is best for enterprises to apply for a certain amount of loan credit from banks. Because an enterprise can apply for a loan at any time and return the loan at any time after obtaining the bank's loan credit line, this will shorten the loan period to the maximum extent and save interest expenses. The larger the amount of a single loan, the lower the unit loan cost and the lower the loan cost. Therefore, enterprises should make a good loan plan and integrate most of the loans to be applied for in the near future into one loan, so as to achieve the effect of minimizing the unit loan cost.