I. Characteristics of M&A loan:
1.M&A The maximum loan amount is 50% of the consideration of M&A transaction;
2, the loan period is generally not more than 5 years;
3. The acquirer is a domestic registered enterprise, and the registered place of the target enterprise is not limited;
4. Require the acquirer to have industrial relevance or strategic relevance with the target enterprise;
5. Need a completely effective guarantee.
Usually, corporate mergers and acquisitions have seven purposes:
1, expand the scale. Production scale and channel scale
2. Extend the industrial chain
three
4. Access to supervision, licensing, qualifications and tax facilities.
5. M&A in equity arrangement
6. Financial investment
7. Cross-industry mergers and acquisitions. Enterprise type: some original industries have declined and want to move to new industries; Some original industries have realized ceiling management; Some are to spread the risk of a single industry, and some are to pursue scale and profit.
The purpose of M&A is different, and the focus of analysis is also different.
Two. Basic conditions for applying for M&A loan:
(1) Opening a basic deposit account or general deposit account with our bank;
(2) It operates in compliance with laws and regulations, has a good credit status, and has no bad records such as credit default and evasion of bank debts;
(3) Its main business is outstanding, it has strong operation and profitability, and it has competitive advantages and good development potential in the industry or among them;
(4) credit, etc.
(five) in line with the national industrial policy and the bank's industrial credit policy;
(6) It has high industrial relevance or strategic relevance with the target enterprise, and the acquirer can acquire strategic resources such as R&D capability, key technologies, supply or distribution network of the target enterprise through mergers and acquisitions, so as to improve its core competitiveness;
(7) Whether the M&A transaction complies with matters such as industry access, anti-monopoly and transfer of state-owned assets. According to the requirements of applicable laws, regulations and policies, the approval of relevant parties shall be obtained or will be obtained soon.
Two. What M&A transactions can I apply for an M&A loan?
I. Characteristics of M&A loan:
1.M&A The maximum loan amount is 50% of the consideration of M&A transaction;
2, the loan period is generally not more than 5 years;
3. The acquirer is a domestic registered enterprise, and the registered place of the target enterprise is not limited;
4. Require the acquirer to have industrial relevance or strategic relevance with the target enterprise;
5. Need a completely effective guarantee.
Usually, corporate mergers and acquisitions have seven purposes:
1, expand the scale. Production scale and channel scale
2. Extend the industrial chain
3. Obtain brand or technology, platform, management, etc.
4. Access to supervision, licensing, qualifications and tax facilities.
5. M&A in equity arrangement
6. Financial investment
7. Cross-industry mergers and acquisitions. There are many reasons for cross-industry mergers and acquisitions: some original industries have declined and want to move to new industries; Some original industries have reached the ceiling, and enterprises want to expand their operations; Some are to spread the risk of a single industry, and some are to pursue scale and profit.
The purpose of M&A is different, and the focus of analysis is also different.
Two. Basic conditions for applying for M&A loan:
(1) Opening a basic deposit account or general deposit account with our bank;
(2) It operates in compliance with laws and regulations, has a good credit status, and has no bad records such as credit default and evasion of bank debts;
(3) Its main business is outstanding, its operation is steady, its financial position is good, it has strong liquidity and profitability, and it has obvious competitive advantages and good development potential in the industry or a certain region;
(4) The credit rating is above AA- level (inclusive);
(five) in line with the national industrial policy and the bank's industrial credit policy;
(6) It has high industrial relevance or strategic relevance with the target enterprise, and the acquirer can acquire strategic resources such as R&D capabilities, key technologies and processes, trademarks, franchising, supply or distribution networks of the target enterprise through mergers and acquisitions, so as to improve its core competitiveness;
(7) If M&A transactions comply with laws and regulations and involve national industrial policies, industry access, anti-monopoly, transfer of state-owned assets, etc., the approval of relevant parties shall be obtained or will be obtained in accordance with applicable laws, regulations and policies.
Three, after the acquisition of enterprises, how to deal with bank loans?
After the enterprise is acquired, the bank loan shall be borne by the acquirer.
4. What are the application conditions for M&A loan? Satisfy these!
At present, many banks provide various loan services for SMEs. If people are in urgent need of funds, they can choose the right products. M&A loan is a common loan method, so what are the application conditions? Today we will introduce it.
1. The acquirer shall meet the following basic conditions: 1, operate in compliance with laws and regulations, have a good credit status, and have no bad records such as credit default and evasion of bank debts; 2. Outstanding main business, steady operation, good financial position, strong liquidity and profitability, and obvious competitive advantage and good development potential in the industry or a certain region; 3.M&A transactions are in line with the national industrial policy and the Bank's credit policy orientation; 4. It has high industrial relevance or strategic relevance with the target enterprise, and the acquirer can acquire strategic resources such as R&D capability, key technologies and processes, trademarks, franchising, supply or distribution network of the target enterprise through mergers and acquisitions, so as to improve its core competitiveness; 5. If M&A transactions are legal and compliant, involving matters such as national industrial policies, industry access, anti-monopoly, and transfer of state-owned assets, it shall be obtained or approved by relevant parties in accordance with applicable laws, regulations and policies. 2. The target enterprise shall meet the following basic conditions: 1 The target enterprise has been established and continuously operated, or has completed relevant projects (when acquiring assets); The target enterprise or target asset has the potential to generate stable net operating cash flow. Three. Relevant requirements for major shareholders of listed companies to participate in the issuance of M&A loans 1. The financing party is the controlling shareholder of the listed company. The controlling shareholders of listed companies include the largest shareholder and actual controller of listed companies, all of which are legal person companies, excluding natural persons; 2. Additional issuance includes private placement, public issuance, rights issue and other behaviors of controlling shareholders of listed companies to increase their shares in cash, excluding the increase in the secondary market; 3. In principle, all the shares subscribed in M&A are required as the pledge of M&A financing, and the guarantee conditions can be appropriately relaxed for financiers with excellent funds.