According to the length of the loan period, loans can be divided into short-term loans and medium-and long-term loans.

1. Short-term loan term is 1 year or 1 year (temporary loan from 3 months to 6 months), which is characterized by short term, low risk and high interest rate. They are usually issued in the form of "loans", which are mainly used to meet the needs of borrowers for short-term funds.

2. Medium-term loans are all over 1 year (excluding 1 year) and under five years (including five years), which are characterized by long term, high interest rate, poor liquidity and high risk.

3. Long-term loans of more than 5 years (excluding 5 years).

The loan term refers to the period from the time when the lender issues the loan to the borrower to the time when the loan is recovered. The loan term is the term for the borrower to actually use the loan.

Lenders can arrange loans scientifically and reasonably according to the length of the loan period to ensure the safety and efficiency of credit assets. Second, the borrower can apply for a loan according to the loan term, make good use of the loan within the term, and strive to get the maximum benefit. Third, the loan term is closely related to interest payment, which can make the borrower calculate the borrowing cost more carefully and reduce unnecessary time. It can also enable the lender to allocate the loan amount reasonably and improve the overall benefit of loan use.

I. Definition

The loan term and grace period of medium and long-term loans of development banks are determined for specific loan projects.

Loan term: refers to the time period from the first loan issuance date to the last loan principal recovery date of a loan project, and the creditor-debtor relationship ends.

Grace period: refers to the time period between the first loan issuance date and the first loan principal recovery date of the loan project.

Two. Principles for determining loan term and grace period

In the process of loan evaluation, the term and grace period of the project loan shall be determined according to the following principles.

Meet regulatory requirements

If the regulatory authorities clearly stipulate the loan term, the loan term must comply with the regulatory provisions when the bank and the customer agree.

Upper limit control of loan term

The appraisers should reasonably design the financing structure according to the control index of the upper limit of the loan term, and agree on the source of debt repayment funds with the customers, and shall not arbitrarily break through the upper limit of the loan term.

Calculate the term according to solvency.

The length of the loan term (including grace period) should be based on the agreed source of repayment funds, predict the annual repayment cash flow, and calculate the loan term and grace period by meeting the prescribed repayment coverage. If the loan term and grace period calculated according to solvency cannot meet the requirements of this manual, the source of repayment funds must be re-agreed or the financing structure must be redesigned.

What is the longest term of the project loan?

Hello, the longest credit loan is 48 months, the longest mortgage loan is 120 months, and the longest housing mortgage loan is 30 years.

How long is the loan period for the subway project?

Thirty years. The loan period of the first phase project of Qingdao Metro Line 6 is 30 years, of which the grace period is 5 years. The types of bank loans refer to the forms of loans. According to the provisions of the general principles of loans, the forms of loans issued by commercial banks in China.

How long is the loan period of the charging pile project?

The loan period of the charging pile project is 5 years. Relevant information shows that China Bank Kunming Guandu Sub-branch was successfully approved to refinance the equipment of a charging pile enterprise with a credit line of 8 million yuan and a credit period of 5 years.