How to apply for a business working capital loan?

The basic conditions for an enterprise to apply for a working capital loan are: normal production and operation activities that comply with the requirements of national laws, regulations and industrial policies; a sound organizational structure and financial management system; a credit rating of A or above, Have good economic benefits and credit records, and be able to repay the principal and interest of the loan on time; open a basic deposit account or general account in a rural commercial bank, and voluntarily accept credit supervision and settlement supervision; unless otherwise stipulated by the State Council, limited liability companies and joint stock limited companies The company's cumulative overseas equity investment shall not exceed 50% of its total net assets; corporate legal persons applying for corporate loans must comply with the company's articles of association and have authorization or resolution from the board of directors; hold a loan card approved by the People's Bank of China and undergo annual inspections ; Have statutory capital, and the proportion of self-owned capital is not less than 30%; the asset-liability ratio is below 70% (inclusive); other conditions stipulated by rural commercial banks.

The following basic information should be provided for corporate working capital loans: corporate legal person business license, legal representative certificate or legal person authorization letter; organization code certificate issued by the technical supervision department; loan card issued by the People's Bank of China; Tax registration certificate; enterprise articles of association or joint venture, cooperation contract or agreement, capital verification certificate approved by the department; if the company articles of association restrict the legal representative from handling loans or guarantees, a resolution or authorization letter approved by the board of directors (shareholders' meeting) must be provided. ) list of members and legal representatives and signature samples; financial statements for the past three years (including balance sheets, profit and loss statements and cash flow statements, which should be audited by accounting firms and other competent authorities when necessary) and recent financial statements; legal representatives Identity documents of the person in charge and the person in charge of finance;

Based on business needs, the following information should be provided at the same time: purchase and sale contract; proof of ownership of the mortgaged or pledged property and a letter of commitment from the person who has the right to dispose of the mortgaged or pledged property ; Valuation materials, insurance policies, etc. Collaterals and pledges; enterprises in special industries need to provide special industry production and operation licenses issued by departments with approval authority; other information. Related Q&A: What are the uses of working capital loans? The purpose of working capital loans is generally limited to the expenses that need to be paid to maintain the company's daily operating turnover. The liquidity of working capital loans is very strong, and it is mainly suitable for individual industrial and commercial households or enterprises with medium-term and short-term capital needs. Customers, such as: purchasing raw materials, paying workers’ wages, paying utility bills, paying rental fees for production and business premises, etc. However, machinery and equipment need to be considered on a case-by-case basis. Not all machinery and equipment can be purchased with working capital. : 1. U-turn of funds is bridging funds. Bridging funds are a kind of short-term financing, with a term limited to six months, and are a kind of funds connected with long-term funds. The purpose of providing bridge funds is to meet the conditions for docking with long-term funds through the financing of bridge funds, and then replace the bridge funds with long-term funds. Crossing the bridge is only a temporary state. Bridging funds and guarantee loans fully demonstrate the leverage and guiding role of fiscal funds, and have become the most direct and effective government measures to serve small, medium and micro enterprises that are generally recognized by enterprises. 2. Bridge funds have the following characteristics: 1. The term is short, usually no more than six months. 2. High gold content: For capital operations, it is very important to the user, playing a supporting and leveraging role. 3. High return on capital: Due to its importance, the return given to capital providers is quite high. 4． Risks are easier to control: Since bridge funds are not long-term occupied funds, but are only a temporary need, and are often replaced by follow-up funds, risks are easier to control. 3. The bridge funds are fast and the interest rates are low. It only takes 2-3 days from the time the company applies to the funds being received. "Hu Shugui, director of the Financing Guidance Division of the Municipal Economic and Trade Commission's Small and Medium Enterprises Development Bureau, told reporters, "This method mobilizes the enthusiasm of the government, enterprises and banks, fully improves the efficiency of the use of bridge funds, and amplifies the financial effect to hundreds of times. It has effectively helped enterprises achieve a balanced distribution of production, supply and marketing funds and maintained normal production and operation of enterprises. At the same time, the process design of closed fund operation can also effectively avoid risks. It has truly achieved the use of limited fiscal funds to leverage state-owned investment and financing institutions, and benefited more small and medium-sized enterprises through the amplification of fiscal funds. "4. Interest is the fee for using currency within a certain period of time. It refers to the remuneration that currency holders (creditors) receive from borrowers (debtors) for lending currency or currency capital. Including deposit interest, loan interest and various Interest accrued on bonds