1. According to different groups, discount loans are aimed at ticket holders, while general bank loans are aimed at various groups.
2. The loan terms are different. Discounted loans require the lender to hold unexpired bills, while ordinary bank loans require the lender to meet the loan conditions, such as having a stable job and good credit information.
3. The procedures are different, and the loan discount procedures are simple. Generally, only when the bill is true and the basic trade background is true can the bill be discounted. However, the general bank loan preparation materials are many and the procedures are cumbersome.
4. Interest is charged in different ways. For discount loans, banks deduct interest first, while the interest of general bank loans is collected regularly when the loan expires or according to the agreed time limit.
5. The discount loan interest rate with different loan interest rates is lower, while the general bank loan interest rate is slightly higher.
Discounted bills loan refers to the unexpired commercial bills lent by commercial banks to the holders.
Discounted bill loan is a loan issued by commercial banks to bill holders by purchasing unexpired commercial bills. Discounted bill loan refers to a loan issued by a bank through the purchase of an unexpired commercial bill of the borrower, that is, the bill payee transfers the bill right to the bank before the bill expires and obtains a loan from the bank.
What is a discounted bill loan?
Explanation: It refers to the fund demanders who require banks or discount companies to convert their unexpired commercial bills or short-term bonds into cash.
Business classification:
1. Discount: refers to customers (ticket holders) selling unexpired bills to discount banks to get cash in advance. The discount of bills handled by general industrial and commercial enterprises to banks belongs to this category;
2. Cash discount: refers to the transfer of unexpired bills purchased by banks to other commercial banks. Cash discount is generally a way for commercial banks to lend money to each other;
3. Re-discount: refers to the act that the discount bank discounts the unexpired discounted bills to the People's Bank of China and obtains re-loans from the People's Bank of China by transferring the bills. Rediscount is a credit business of the central bank and a monetary policy tool used by the central bank to implement monetary policy.
Extended data
Precautions:
Enterprises should pay attention to identify whether the social intermediary agency is legal when choosing it for discount. According to the provisions of the Measures for Payment and Settlement, "Banks are intermediaries for payment and settlement and capital settlement.