It is an entrusted loan handled by the person entrusted by the company. The user of the loan is the company.

Second, what is an individual entrusted loan?

The so-called personal entrusted loan refers to the loan provided by the client and issued, supervised and recovered by the bank according to the loan object, purpose, amount, term and interest rate determined by the client. The reporter learned that personal entrusted loan, as one of the important personal financial management methods, can provide customers with new investment and financial management opportunities, provide borrowers with more alternative financing channels, and bring intermediary business income to banks, which is a "win-win" product.

3. What is entrusted loan?

Entrusted loan is a loan issued by a trust institution according to the requirements specified by the client. Part of the reason for choosing entrusted loans instead of direct loans is that entrusted loans are relatively low in risk and can reduce the bad debt rate. For entrusted loans, the customer first reaches a financing intention with the borrower. After the loan amount, interest rate and term are determined through consultation, the client and the borrower open a settlement account in a commercial bank, and then jointly apply to the bank, and at the same time, the client issues a loan power of attorney to the commercial bank. What is entrusted loan? After the bank accepts the entrustment application, it begins the preliminary examination. Those who pass the examination shall be entrusted by qualified customers. Then sign a loan and guarantee contract, go through the mortgage/pledge formalities, and after the formalities are completed, the bank will allocate funds. To put it bluntly, one party lends money to the other party, which is supervised by a third party. It is actually a commercial bank. The banking industry will not bear the risk of loan losses. Entrusted loans can also be used to circumvent the inter-company lending ban. After all, the direct lending relationship between enterprises is not allowed.

4. Can a securities company be the principal of entrusted loans?

No Securities companies are not companies in the financial industry. Of course, there is no right to absorb and preserve.