Equipment loan refers to the RMB loan issued by the loan bank to the borrower for purchasing small equipment needed for production and business activities.

The loan term of equipment loan is generally 1~3 years, and the longest is not more than 5 years; At the same time, it is necessary to provide property mortgage and pledge recognized by the loan bank (some banks can also use the purchased vehicles as collateral, and the manufacturer will provide full repurchase guarantee).

So how to calculate the expected annualized interest rate of equipment loans?

The expected annualized interest rate of the loan shall be implemented in accordance with the expected annualized interest rate of loans of the same grade in the same period stipulated by the People's Bank of China.

Equipment loans should pay interest according to regulations and should be included in the equipment cost.

Equipment loans should be repaid in the next year's budget allocation.

Taking the equipment loan application method of China Merchants Bank as an example, this paper briefly introduces the following processes and methods of equipment loan application.

The equipment mortgage loan of China Merchants Bank refers to the short-term working capital loan business applied to our bank with the core production equipment owned by the enterprise as the main guarantee.

Characteristics and advantages of equipment loan;

(1) expanded the scope of collateral and solved the problem of insufficient collateral for small and medium-sized production enterprises.

(2) Revitalized the fixed assets of enterprises and broadened the financing channels of enterprises.

(3) The range of mortgage equipment is wide, which is suitable for different types of production-oriented small and medium-sized enterprises.

So what kind of enterprise is this kind of loan suitable for? It is considered that manufacturing enterprises or equipment leasing enterprises with good operating conditions, rapid growth of financing demand and no real estate mortgage guarantee can consider applying for equipment loans.

Application steps:

(1) The handling sub-center must be admitted to an appraisal company with asset appraisal qualification;

(2) Examination and approval according to general mortgage business;

(3) Before lending, you must go through the mortgage registration formalities with the local administrative department;

(4) Lending and normal post-loan management, the examination and approval opinions can clearly require that the frequency of post-loan on-site inspection should be higher than other general guarantee businesses.

The above is the equipment loan application method of China Merchants Bank. If you want to apply for equipment loans from other banks, you can go to official website to inquire or consult in the business hall.

What equipment can't be mortgaged?

Equipment mortgage loan target: small and medium-sized enterprises engaged in industrial manufacturing, medical equipment, advertising and printing. Clear property rights, standardized management and good operation.

Term of equipment mortgage loan: generally 2-3 years;

The loan amount of equipment mortgage loan: generally more than 654.38+0 million.

Equipment mortgage loan guarantee method: equipment mortgage.

Basic requirements for equipment mortgage loan:

1, an enterprise legal person whose registration must be approved by industry and commerce; Operating 1~2 years or more;

2. Have a fixed business place and operate legally;

3, should have a perfect organization and financial management system;

Therefore, nothing can be mortgaged except meeting the above requirements.

The loan period of fixed assets does not exceed how many years.

The loan period of fixed assets generally does not exceed 10 year.

Fixed assets refer to tangible assets with the following characteristics:

(1) held for the production of goods, provision of services, lease or management;

(2) Its service life exceeds one fiscal year.

Such as machinery, equipment, houses, buildings, appliances and tools for production and operation.

Fixed assets refer to non-monetary assets held by enterprises for producing products, providing labor services, leasing or management, which have been used for more than 12 months and have reached a certain standard, including houses, buildings, machines, machinery, means of transport and other equipment, appliances and tools related to production and business activities.