Or the bank is short of funds. At this time, loans may need to be queued, and the time will be further extended.
If you haven't been approved for more than 3 months, it may be that your materials or qualifications don't meet the loan conditions. In case you can't handle it, the bank will also inform you.
After the approval, the bank will not lend money immediately and need to sign a contract with you; After the contract is signed, CCB will issue loans according to the contract when conditions are met.
Bank loan approval process
1 Basic information of borrower and guarantor;
2. The financial report of the previous year approved by the financial department or accounting (auditing) firm, and the previous financial report of the loan application;
3. Correct the original unreasonable loan;
4. List of collateral and pledge, the consent certificate of the person who has the right to dispose of the collateral and pledge, and the relevant certificates that the guarantor intends to agree to guarantee;
5. Project proposal and feasibility report;
6. Other relevant materials that credit cooperatives think need to be provided.
Second, the credit rating evaluation
1 Credit Union evaluates the credit rating of the borrower.
Third, the loan survey
1 Credit cooperatives investigate the legality, safety and profitability of borrowers.
Four. Lending approval
1 Credit cooperatives approve loans according to the loan management system of separation of loan approval and grading approval.
Verb (abbreviation for verb) sign a contract
1 Credit cooperatives sign loan contracts with borrowers.
Intransitive verb lending
1 Credit cooperatives issue loans on schedule according to the loan contract.
Seven. Post-loan inspection
1 The credit union conducts follow-up investigation and inspection on the borrower's performance of the loan contract and the borrower's operation.
Eight. Loan repayment
1 When the loan expires, the borrower will repay the loan principal and interest in full and on time.