All enterprises registered in the administrative department for industry and commerce of China, with independent legal person qualification, the right to operate foreign contracted projects, and the professional and technical qualifications and strength of foreign contracted projects can apply to The Export-Import Bank of China for loans for foreign contracted projects.
hypothesis
1. The borrower is in good operating, financial and credit conditions and has the ability to repay the loan principal and interest.
2, has signed a contract for foreign contracted projects, if necessary, must be approved by the competent national examination and approval authority.
3. The export value of domestic equipment, materials, technology, labor services and management driven by foreign contracted projects accounts for not less than 65,438+05% of the total project contract.
4. The amount of foreign contracted contracts shall not be less than USD 6.5438+0 million, and the advance payment ratio shall generally not be less than 654.38+05%. Payment guarantee recognized by The Export-Import Bank of China shall be provided for deferred payment.
5, foreign contracted projects should have good economic benefits.
6. The contractor has the relevant qualifications and project performance ability to implement foreign contracted projects.
7. The political and economic situation in the country where the project is located is relatively stable.
8. For projects with high risk of foreign exchange collection, the corresponding export credit insurance shall be insured according to the requirements of The Export-Import Bank of China.
Extended data:
Loan signing ceremony
1. There is capital, that is, investors' non-debt funds. The proportion of funds required for projects in different industries to the total investment is different, and bank loans cannot be used as project capital. Banks usually hold more than 30% of the project capital.
2. Fixed assets loans have a long term, which is often one-time approval, multiple payments and loans; The interest rate is fixed every year. The fixed assets loan takes all the capital requirements of the whole project as the evaluation object, and the commitment is approved at one time.
According to the project schedule and the annual loan plan, the loan stage will be completed year by year. The term of a fixed asset loan contract refers to the period from the first loan to the last loan being paid off. The contract interest rate is the first annual interest rate of the loan, which is adjusted every year according to the interest rate changes of the People's Bank of China.
3. Fixed assets loans are one-off. A fixed asset loan can only be used for a fixed asset investment activity of the borrower. When the loan is invested during the project construction, it will be withdrawn from the production activities of the enterprise. After the project is completed and put into operation, the loan will be repaid, and the bank will gradually recover all the loan principal and interest. New fixed assets investment activities need to be re-approved according to regulations.
4. The repayment sources of fixed assets loans are mainly the borrower's after-tax profits, depreciation of fixed assets and other self-owned funds.
5. Fixed assets loans are highly professional, and the management process is complex, which requires high quality of account managers.
Source of reference: Baidu Encyclopedia-Loans for Foreign Contracted Projects