1. The business scope of Ruifeng Microfinance Company includes not handling all kinds of microfinance business; Provide small business development and management. It is a personal business loan, which is issued to individuals for personal business liquidity turnover.
2. Microfinance is a comprehensive consumer loan centered on individuals or enterprises, and it is an extension of microfinance in technology and practical application. The loan amount is generally more than 1 1,000 yuan and less than 200,000 yuan, and the guarantee is generally required in the process of handling. The establishment of China's small loan companies has rationally pooled some private funds, standardized the private lending market, and effectively solved the financing difficulties of agriculture, rural areas and small and medium-sized enterprises.
1. Product Description: Loans granted to individuals for working capital.
Applicable object:
1. Have a fixed residence and a stable economic income;
2. Having a fixed business place and operating for more than one year;
3. No bad credit record.
2. Product introduction: loans granted to individuals for personal business working capital.
Applicable object
1. Have a fixed residence and a stable economic income;
2. Having a fixed business place and operating for more than one year;
3. No bad credit record.
Product description: loans granted to farmers and self-employed households engaged in agriculture, forestry, animal husbandry and fishery.
Applicable object:
1. Engaged in agriculture, forestry, animal husbandry and fishery;
2 farmers and self-employed households engaged in production and business activities related to rural economic development;
3. No bad credit record.
Four. Product Description: Short-term working capital revolving loan granted to independent accounting enterprises as legal persons.
Applicable object:
1. The borrower is an enterprise legal person approved and registered by the administrative department for industry and commerce or the competent authority according to law, and carries out independent accounting; Operating for more than one year
2. The enterprise is in good operating, financial and credit conditions, and has the ability to repay the loan principal and interest on time;
3. Other conditions required by the company.
Verb (abbreviation of verb) Analysis on the characteristics of micro-credit
1, with simple procedures, fast lending process and simple procedures; Small loan companies have simple loan procedures, and loans are managed according to the processes of customer application, investigation, mortgage verification, guarantee, loan Committee approval, loan contract signing, loan issuance and loan principal and interest recovery. Generally, it is completed within 7 days from the date of loan acceptance, which is more convenient and faster than bank loans, and the interest is much lower than private lending.
2. Flexible repayment methods for small loans; A variety of flexible repayment and interest payment methods, such as equal monthly repayment and interest payment, quarterly interest settlement due, one-time repayment and interest payment or two-time repayment and interest payment, etc.
3. Wide loan scope; Small loan companies mainly serve small and medium-sized enterprises, individual businesses and farmers.
4. Flexible marketing model; Micro-loan companies implement risk-controllable marketing form without rating and credit, which breaks the long-term operation mode of formal financial institutions such as commercial banks, and has the characteristics of simple, efficient and fast mode, which is beneficial to SMEs to obtain credit support in time, alleviate the short-term financing difficulties of SMEs and individual industrial and commercial households, and make up for the shortage between bank loans and private lending to some extent.
5. The loan quality of microfinance companies is high; The loan quality of microfinance companies is high, because almost all the funds lent by microfinance companies are shareholders' own funds, so the audit of loan projects is more cautious; Because microfinance companies are privately operated and mainly lend money locally, they can fully understand borrowers and their uses, which is conducive to risk control.
6. The social risk of microfinance is very small. Microfinance companies do not illegally raise funds, usury or accept loans from social idlers. Its fund-raising, lending, and loan collection all have their own execution methods, and only loans are not saved, and public deposits are not involved, so the social risk is small.