2. The lender submits information to the bank to apply for a loan;
3. Bank approval materials;
4. The bank signs a contract with the lender;
5. The bank issues loans to lenders;
6. The lender repays the loan within the contract period.
The above is the process of handling tobacco loans.
Conditions for applying for tobacco loans
1, the loan applicant must be married, aged 30 to.
60 years old, including 30 and 50 years old;
2. The lender needs to operate the tobacco industry for more than two years, including two years, and the loan period cannot be longer than the validity period of the tobacco license;
3. Have a personal bank account and a tobacco enterprise account for more than one year. A running account can be a husband or a wife, but it must be uninterrupted every month;
4. In the latest year, the total amount of tobacco business of the lender is not less than 200,000 yuan;
5. The net assets of the lender and its spouse shall not be less than 300,000 yuan.
"Tobacco loan", also known as tobacco (commercial) loan, refers to commercial (or consumer) credit loans issued by banks, microfinance companies, consumer finance companies and other fund providers to merchants holding tobacco monopoly retail licenses to meet their market operations. Borrowers can apply for loans only by providing relevant certificates, and make online self-service payment and repayment. Each loan is paid directly to the brand's collection account. According to official website information of Netxinxin Lianyun Financial Information Service (Zhejiang) Co., Ltd. (hereinafter referred to as Lianyun Jin Fu), the maximum loan amount of its tobacco loan products reaches 500,000. The application conditions mainly include: the applicant must be the actual owner of the store, the name of the store with the same business license and tobacco license, and the store has obtained the tobacco business license for one year.
The basic risk control logic of "tobacco loan" is based on tobacco license and operating years as the entry threshold, and the real transaction flow of customers as the credit basis and risk control means. Enterprises with more than 5 cigarette stalls, operating for more than one year and good reputation can apply for loans.
But in fact, this logic is not rigorous. On the one hand, the qualification of tobacco sales does not necessarily represent the scale and strength of operators. Based on the five grades of "cigarette quantity" assessed by China Tobacco Corporation (the highest is 30), the threshold is obviously not high. On the other hand, borrowers can use money and pay back money online, which is convenient and efficient, but it may also bring out of control the use of funds.
Therefore, in practice, financial institutions often use big data, blockchain and other technologies to integrate the original decentralized financial service channels of tobacco farmers, tobacco companies, tobacco distributors and other enterprises, realize closed-loop management of fund collection, payment, settlement, subsidies and loans, and enhance the effectiveness of risk control.