From the due date, the bank will list your company as a concerned customer according to the regulations and start the account manager to collect.

After three months (90 days), the bank will list your company as a secondary customer, that is, a bad customer. All financial institutions can check your company's bad credit record from the credit report of the People's Bank of China. Theoretically, no financial institution will provide loans to your company. At this time, the collector will be upgraded to the department head.

After half a year, the bank's collection staff was upgraded again, probably the branch leader.

After one year, the bank will list your company as a suspicious customer according to the regulations, and hand over the customer to the credit execution department to start professional collection, including but not limited to: blocking the door, throwing paint, threatening telephone calls, etc. ...

Question 2: Will the land factory be forced to sell?

During this period, the bank will not immediately start the procedure of paying off the mortgage, and the start of this procedure needs to be judged by the court. It's usually two or three years after the judgment comes down to the auction.

However, your company's principal, interest receivable and default interest on interest receivable are calculated cumulatively, and the specific interest rate depends on the loan contract.

Therefore, in this last month, please be sure to raise enough funds to repay the principal and interest, so as to meet the loan extension conditions of the bank.

If the enterprise is still in normal operation and turnover, but lacks cash flow, it can use inventory and orders for short-term financing. , such as 1 month, the loan will be returned at maturity after it is issued. Or provide short-term loans to shareholders.

There's always a way. Don't put it off until it goes bad. It's hard for both sides to do it.

Using private money to do it will give you a chance to buffer.