1. Establishing credit relationship: The enterprise submits the Application Form for Establishing Credit Relationship to the bank in duplicate. After receiving it, the bank will investigate the legality, independence, efficiency and rationality of the use of enterprise funds. After investigating these facts, the bank signed a contract with the enterprise to establish a credit relationship;

2. Enterprises apply for loans: After establishing a credit relationship with banks, enterprises can apply for loans from banks according to their reasonable capital needs in the course of operation. The loan application form must be submitted at the time of application, and the bank will review the loan application submitted by the enterprise according to the national industrial policy, credit policy and related systems.

3. Bank loan review: The loan review conducted by the bank includes:

(1) Direct use of corporate loans;

(2) The recent operating conditions of the enterprise;

(3) the enterprise's potential tapping plan, working capital turnover plan and its implementation;

(4) the development prospect of the enterprise;

(5) corporate debt capacity and so on.

4. The enterprise signs a loan contract with the bank: the written guarantee signed by the buyer and the lender during the loan contract is an economic contract, which can better protect the interests of both the enterprise and the bank. The contents of the loan contract are generally decided by the enterprise and the bank after consultation, and generally should include the following terms:

(1) loan type;

(2) the purpose of the loan;

(3) the loan amount;

(4) loan interest rate;

(5) Term of the loan;

(six) the source of repayment funds and repayment methods;

(7) Guarantee clauses;

(8) Liability for breach of contract;

(9) Other terms agreed by both parties, the loan contract must be signed and sealed by both the enterprise and the bank.

5. Banks issue loans to enterprises: After enterprises sign loan contracts with banks, banks should fill out loan notices. After the loan application and loan issuance notice are recorded by the accounting department, the last copy is returned to the credit department as a voucher for registering the loan account.

Legal basis:

Article 34 of People's Republic of China (PRC) Commercial Bank Law

According to the needs of national economic and social development, commercial banks carry out loan business under the guidance of national industrial policies.