Commercial acceptance bill pledge loan is a kind of bank loan. It refers to the loan that the legal holder of a commercial acceptance bill, as the financing applicant, applies to the bank with the bill as the pledge guarantee when the bill expires.
2. Characteristics of loan products pledged by commercial acceptance bills of banks
(1) Commercial acceptance bills are high-quality creditor's rights certificates of accounts receivable with clear creditor's rights and debts.
(2) In principle, it is necessary to occupy the relevant credit line of the bank to the acceptor and the financing applicant.
(3) Compared with the accounts receivable pledge and factoring business, the operation is simple, and the procedures for confirming accounts receivable are cancelled, which is more operational.
3. Applicable object of bank commercial acceptance bill pledge loan
Suppliers of high-quality large and medium-sized enterprises or small and medium-sized enterprises who hold commercial acceptance bills accepted by high-quality large and medium-sized enterprises and large enterprise finance companies.