Use of working capital: you can write daily expenses such as salary of property staff, maintenance and repair of residential area, greening of residential area, etc. The use of working capital loans is generally limited to the expenses that the company needs to pay for its daily operation and turnover.
What are the access conditions and loan purposes of operating property loans?
Operating property loans refer to loans issued by United Bank to legal persons or other economic organizations that develop or purchase operating properties on their own, with the property owned by them as loan collateral or sufficient guarantee provided by a third party, and the operating income of the property is used to repay the principal and interest.
Access conditions:
A legal person or other economic organization established with the approval of the competent department, holding an enterprise business license according to law and carrying out independent accounting has put its property into operation and has the right to dispose of it independently.
Loan purpose:
It can be used for the capital demand during the operation of the property, including the replacement of debt funds and the renovation, maintenance and management expenses during the existence of the property.
Scope of application:
Commercial, office, production and storage buildings that have been put into commercial operation have standardized management, stable operating profit, abundant cash flow and good comprehensive income, including shopping malls, commodity trading markets, office buildings, star-rated hotels, comprehensive commercial facilities, standard factories, warehouses and other property forms.
Required information:
Credit business application
Basic information of the applicant: business license, code certificate, tax registration certificate, legal representative's ID card, loan card, articles of association and copy of capital verification report; Original power of attorney of the legal representative; Financial information, etc
Relevant agreements and contracts for leasing properties abroad.
The nature of the land is operating property loans for transfer, and it is necessary to apply for property ownership certificates; If the property is leased, it is necessary to provide proof that the relevant departments agree to build the property.
Can the purpose of operating property loans be used to purchase land?
Operating property loans can be used to purchase land. According to relevant data, operating property loans can be used for real estate enterprises to operate properties, but not for development.
What is the purpose of operating a property loan?
Purpose of operating property loan: used for real estate enterprises to operate properties.
Mortgage loan for operating property refers to the loan issued by the bank to the legal person of operating property, with the property owned by the bank as the mortgage, and the repayment source includes but is not limited to the operating income of operating property.
Operating property refers to commercial premises and office premises that have been completed and put into commercial operation, with abundant operating cash flow, good comprehensive income and stable repayment sources, including commercial buildings, star-rated hotels, comprehensive commercial facilities (such as shopping malls and shops) and other commercial premises. The longest period shall not exceed 8 years in principle. (Maximum 15 years)
Extended data:
Conditions for operating real estate loans:
1. Open a basic account or general account in the bank with the loan certificate (card) and no bad credit record;
2. The bank's credit rating is above BB (inclusive), and the asset-liability ratio is not higher than 70% in principle;
3. It is in good operating and financial condition and has the ability to repay the principal and interest;
4. Have all the property rights of the operating property, and hold the legal and valid land use right certificate and real estate license; The way to obtain the land use right certificate is the transfer of state-owned land;
5. The board of directors or decision-making body agrees to use its operating property as loan collateral;
6. Promise in writing that the intermediary business such as fund settlement, receipt and payment generated by property management will be handled in the bank, and accept the supervision of the bank on the income and expenditure of property management.