I. Project loan commitment
The loan commitment issued by the bank is an important basis for project owners or investors to implement investment sources other than capital. According to the content and form of commitment, it can be divided into: conditional loan commitment and binding loan commitment (or financing bidding).
In addition, when using syndicated loans to provide financing for fixed assets investment projects, the lead bank often requires all participating banks to issue corresponding commitments to the subscribed loan shares, so as to determine the members of the syndicate and their respective loan shares. Some banks need to sign a preliminary agreement on the agreed loan conditions and consensus before signing a formal syndicated loan agreement, so as to negotiate with the project owners or investors. Therefore, such enterprises should also have binding loan commitments.
Second, open a credit certificate.
This kind of business refers to the written documents issued by commercial banks to the tenderee at the request of customers, which are used to participate in the bidding of large-scale construction projects/projects, and the tenderee will prequalify the bidders.
Credit certificate can be divided into conditional credit certificate and unconditional credit certificate according to the nature of bank commitment. In the conditional credit certification business, after the bidder wins the bid, the bank will give financing support only after the bidder meets the credit conditions; In the unconditional credit certificate, after the bidder wins the bid, the bank undertakes the obligation to provide financing support to the bidder. This kind of business banks generally charge a certain fee.
Third, the customer credit line.
Credit line is a quantitative control index for commercial banks to provide short-term credit support to a customer within a certain period of time according to the prescribed procedures. Generally speaking, commercial banks should sign credit agreements with customers. The validity period of the credit line is agreed by both parties (generally one year), which is applicable to all kinds of credit business within the specified period and is mainly used to solve the short-term liquidity needs of customers. According to different credit forms, it can be divided into loan amount, credit amount, letter of guarantee amount, bank acceptance amount, acceptance discount amount, import factoring amount, export factoring amount, import bill of lading amount and export bill of lading amount. The time limit for bid bond, performance bond, customs bond and maritime bond may be appropriately relaxed. These subsidiaries can handle short-term loans and other credit businesses conveniently. The combination of short-term loan line and other sub-lines is an important measure for commercial banks to provide comprehensive and efficient services for enterprises.