If the enterprise loan cannot be repaid, the bank will take measures such as property preservation, including freezing the deposits in all bank accounts of you and the loan guarantor and sealing up your pledged property. After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. If the enterprise cannot repay the bank loan, the legal representative does not need to bear the responsibility. Unless the legal representative maliciously defaults on bank loans and fabricates facts to conceal the truth. The legal representative refers to the principal responsible person (such as the director and the chairman of the company) who exercises civil rights and performs civil obligations on behalf of a legal person according to law. ). 1. The loan bank will collect the term loan according to law. According to the loan contract and guarantee contract (mortgage or pledge contract), the loan bank will take measures such as property preservation, including freezing the deposits in all bank accounts of you and the loan guarantor and sealing up the pledged property. After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property.

Your credit will be affected. If you take the company as the borrower, your company will be recorded in the national bank credit information system, and the loan in your personal name will also be recorded in the national personal credit information system for overdue loans. If the lending bank doesn't erase your records, you may not be able to get loans from all banks in the future.

Legal basis: Article 2 14 of the Civil Procedure Law.

Where a creditor requests the debtor to pay money or negotiable securities and meets the following conditions, it may apply to the grassroots people's court with jurisdiction for a payment order:

(1) Creditors and debtors have no other debts;

(2) Payment orders can be served on the debtor.

The application shall specify the amount of money or securities required and the facts and evidence on which it is based.

Article 49 of the Civil Procedure Law of People's Republic of China (PRC) stipulates that citizens, legal persons and other organizations may be parties to civil litigation. A legal person shall file a lawsuit by its legal representative. Other organizations are sued by their principal responsible persons.

Second, what happens if the corporate loan cannot be repaid?

Consequences of non-repayment of loans:

1. If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments;

2. If the lender fails to perform the judgment within the performance period after winning the case, it will apply for compulsory execution;

3. When accepting enforcement, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law;

4. If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

Basically, it won't affect, and you can repay on time in the future.

Third, what are the consequences of corporate loans?

We know that individuals who apply for loans from banks and other financial institutions, but fail to repay them on time, have serious consequences, which will not only affect our own credit, but also affect future applications. As an enterprise, if the loan cannot be repaid on time, it will also have a serious impact on the credit of the enterprise. Let's take a closer look:

What will happen to corporate loans?

1. Upon receipt, the fund provider shall make compulsory repayment according to law.

If the enterprise's loan cannot be repaid, first of all, financial institutions such as banks that provide funds will collect the overdue payment according to law, and they have the right to collect it according to the contents of the contract. Then relevant measures will be taken to freeze the deposit in the borrower's bank account, and if it is a mortgage loan, the pledged property will be seized. After that, it will be enforced according to law, including auction of pledges and deduction of deposits.

2. In addition to the seizure and auction of property, credit will also be affected. The company is the borrower of the company loan, so if the company can't repay the money, it will be recorded in the national bank credit information system. If the bank does not erase this record, it will be impossible to apply for a loan from the bank in the future.

What if I can't pay it back?

First, take the initiative to negotiate with the bank.

If the enterprise really encounters a shortage of funds and can't afford the loan, it will definitely be blacklisted, which will have a very bad impact on the enterprise. At this time, the first thing to think of is to communicate and negotiate with the institutions that provide loans to us in a timely and proactive manner. Perhaps the lender will propose measures such as extending the term or appropriately reducing the amount payable in each installment and increasing the number of repayment installments. In short, you must remember to negotiate with the lending institution first.

Secondly, you can choose to apply for a temporary loan from the company.

At present, the first thing that corporate loans think of is to apply for loans from banks. In fact, in order to increase business, many companies will also launch their own loan products, even temporary loans for companies and individuals. These loans are short-term and the application requirements are relatively low, usually to solve the urgent needs of enterprises in urgent need of funds. So choosing the products of these companies is also a solution.

In short, if corporate loans cannot be repaid, you must not choose to escape. Be sure to communicate with the fund provider in time or think of other ways, otherwise it will bring serious consequences to the enterprise.