Pawnshops must conduct business within a certain range of funds, and the loan scale shall not exceed twice of their own funds; Pawnshops can operate with 50% debt at most, and cannot operate with excessive debt at will; The proportion of long-term assets of pawnshops should not be too large; Absolute commodities account for about 30% of its working capital, mobile commodities account for about 40% of its working capital, and reserve funds account for about 30%; Pawnshop's business income is mainly based on comprehensive service fees and sales of pawn items. Interest income only accounts for a small part of the pawn business income, and the pawn business income can only reach about 100% of the company's capital at most. The capital cost and rent of pawn shops belong to financial expenses, management expenses and other subjects, resulting in high gross profit margin and net interest rate close to 20%.

The Measures for the Administration of Pawnshops stipulates that:

Article 36

The estimated amount of pawn property and the amount of pawn property shall be determined by both parties through consultation.

If the negotiation on the amount of real estate pawn fails, both parties may entrust a qualified real estate price appraisal agency for appraisal, and the assessed amount can be used as a reference for determining the amount of real estate pawn.

The duration of pawn shall be agreed by both parties, and shall not exceed 6 months at the longest.

Article 37

The pawn interest rate shall be converted according to the 6-month statutory loan interest rate of banking institutions and the pawn period announced by the People's Bank of China.

The interest on the pawn shall not be withheld.

Article 38

The comprehensive expenses of pawn include all kinds of service and management expenses.

The monthly comprehensive rate of chattel pledge pawn shall not exceed 42‰ of the pawn amount.

The monthly comprehensive interest rate of real estate mortgage pawn shall not exceed 27‰.

The monthly comprehensive rate of property pledge pawn shall not exceed 24‰ of the pawn amount.

If the current period is less than 5 days, the relevant fees will be charged for 5 days.

Article 39

During the pawn period or within 5 days after the expiration of the pawn period, the lease can be renewed with the consent of both parties, and the maximum renewal period is 6 months. The renewal period shall be calculated from the date when the pawn period expires or the last renewal period expires. At that time, the customer should settle the previous interest and current expenses.

Article 40

After the pawn period or renewal period expires, the pawnshop shall redeem or renew it within 5 days. It is absolutely necessary if the insurance is not redeemed or renewed within the time limit.

Pawnshops should pay interest and related expenses to pawnbrokers in accordance with the penalty interest level of overdue loans of banks and other financial institutions stipulated by the People's Bank of China, the charging standards set by pawnbrokers and the overdue days, in addition to repaying the principal and interest of pawnbrokers and comprehensive expenses.

Article 41

Pawnshops shall not lease, pledge, mortgage or use pawned goods in the current period.

If the pledged pawn is lost or damaged during the pawn period or the extension period, the pawnshop shall make compensation according to the estimated amount. If the pawn property is damaged due to force majeure, the pawnshop shall not be liable for compensation.

Article 42

Pawnshops engaged in real estate mortgage pawn business shall go through mortgage registration with relevant departments according to law, and then go through mortgage pawn procedures.

Pawnshops engaged in motor vehicle pledge pawn business shall go through the pledge registration formalities with the vehicle management department.

Pawnshops engaged in other pawn business shall go through the registration formalities according to law if the relevant laws and regulations require registration.

Article 43

Pawnshops shall dispose of pawned items in accordance with the following provisions:

(a) the value of the pawned property is more than 30,000 yuan, which can be handled in accordance with the relevant provisions of the Guarantee Law of People's Republic of China (PRC), or it can be auctioned by the pawnshop after the two parties have agreed in advance to pawn the property. After deducting the auction fee and the principal and interest of the pawnshop, the rest will be returned to the pawnshop, and the insufficient part will be recovered from the pawnshop.

(2) If the assessed value of the pawnshop is less than 30,000 yuan, the pawnshop can sell it or discount it at its own expense.

(three) the state shall, in accordance with the provisions of relevant laws and regulations, report to the relevant administrative departments for approval before handling or selling them to designated units.

(4) When a pawnshop sets up a point of sale of franchised goods outside its business premises, it shall report to the provincial commerce department for the record, and consciously accept the supervision and inspection of the local commerce department.

(5) When a pawnshop disposes of the shares of a listed company in a pawnshop, it shall obtain the consent and cooperation of the pawnshop, and the pawnshop shall not sell, discount or entrust an auction house to auction the shares of the listed company in the pawnshop.

Article 44

The assets of a pawnshop shall be managed according to the following proportions:

(1) If a pawnshop borrows money from a commercial bank during the period from its opening to the first submission of the annual financial and accounting report to the provincial and local commercial authorities, the loan balance shall not exceed its registered capital. If a pawnshop borrows money from a commercial bank after submitting the financial and accounting report to the provincial and local commercial authorities for the first time, the loan balance shall not exceed the owner's equity in the financial and accounting report submitted to the commercial authorities in the previous year. Pawnshops are not allowed to lend money to commercial banks outside the city (prefecture, state or league). Pawnshop branches may not borrow money from commercial banks.

(two) the pawn balance of a pawnshop to the same legal person or natural person shall not exceed 25% of the registered capital.

(3) The pawn balance of a pawnshop to a shareholder shall not exceed the amount of shares invested by the shareholder, and the pawn conditions shall not be superior to those of ordinary pawnshops.

(4) When the net assets of the pawnshop are less than 90% of the registered capital, all shareholders shall supplement or apply for reducing the registered capital in proportion, but the reduced registered capital shall not violate the provisions of these Measures on the minimum registered capital of the pawnshop.

(5) The balance of pawn property rights of a pawnshop shall not exceed 50% of its registered capital. The balance of real estate mortgage pawn shall not exceed the registered capital. If the registered capital is less than 6,543,800 yuan, the single amount of real estate mortgage pawn shall not exceed 6,543,800 yuan. If the registered capital is more than 6.5438+million yuan, the single amount of real estate mortgage pawn shall not exceed 654.38+00% of the registered capital.