A financial loan company refers to a banking non-deposit financial institution established in rural areas by regional commercial banks or rural cooperative banks according to relevant laws and regulations and with the permission of China Banking Regulatory Association, which provides loan services for county farmers, agriculture and rural economy. The loan company is a limited liability company fully funded by regional commercial banks or rural cooperative banks.

Advantages of loan companies

1, the credit regulations are not so strict: it is more important to apply for a loan, especially to apply for a loan directly from the bank. If personal credit is slightly bad, it is easy to be rejected by the bank. However, it is relatively simple to apply for a loan through a loan company. General loan companies will formulate different loan products for borrowers to apply for.

2. The application speed is relatively fast: the loan company is much faster than the bank. Some loan companies apply for credit loans, and borrowers can get the funds as soon as possible. For users who are in urgent need of loans, it is much better to apply for loans directly through loan companies than from banks;

3. The borrower saves a lot of inconvenience: it is more time-saving and convenient for the loan company to apply for a loan than for the borrower to go to the bank directly. Ordinary borrowers can get funds as long as they submit materials and sign contracts;

4. There are many types of choices: loan companies will issue different loan products for different groups, and borrowers have more choices in loan and repayment;

There are many loan companies to choose from: in addition to many loan types to choose from, there are more and more loan companies that can handle loans, and the loan companies that borrowers can choose will not be as one-sided as banks.

Supervision index of loan company

1. Loan companies need to adhere to the standard of small amount and dispersion when issuing loans, improve the coverage of loans and avoid excessive concentration of loans. The loan balance of a loan company to the same borrower cannot exceed 10% of the net capital. The credit balance for a single group enterprise user cannot exceed15% of the net capital;

2. The loan company shall, in accordance with the relevant requirements of the state, establish a prudent and standardized fixed assets classification system and capital filling restraint mechanism, accurately divide the asset quality, fully make provision for bad debts, truly reflect the operating results, and ensure that the capital adequacy ratio is not less than 8% at any time and the asset loss reserve adequacy ratio is not less than 65,438+000%;

3. The NPL ratio is less than 5%.

This article mainly writes the knowledge points of financial loan companies, and the content is for reference only.