1. Projects supported by the loan itself need to be examined and approved according to the examination and approval procedures stipulated by the state. Fixed assets investment projects generally have to go through several approvals, such as project initiation, feasibility study, preliminary design and construction, before they can enter the construction. After the project is completed, the relevant government departments will organize the completion, final accounts, acceptance and other work.
2, fixed assets loans must consider other construction funds. The state stipulates that construction projects must have capital, that is, investors' non-debt funds. The proportion of funds required for projects in different industries to the total investment is different, and bank loans cannot be used as project capital. Usually, the project capital is above 30%.
3. Fixed assets loans have a long term, which is often one-time approval, multiple issuance and loans; The interest rate is fixed every year. The fixed assets loan takes all the capital requirements of the whole project as the evaluation object, and the commitment is approved at one time.
4. Fixed assets loans are one-off. A fixed asset loan can only be used for a fixed asset investment activity of the borrower. When the loan is invested during the project construction, it will be withdrawn from the production activities of the enterprise. After the project is completed and put into operation, the loan will be repaid, and the bank will gradually recover all the loan principal and interest. New fixed assets investment activities need to be re-approved according to regulations.
5. The repayment sources of fixed assets loans are mainly the borrower's after-tax profits, depreciation of fixed assets and other self-owned funds.
Extended data:
Project loan product type:
Project loans are generally medium and long-term loans, and there are also short-term loans for the purpose of temporary turnover of the project. At present, ICBC's project loans are divided into the following types according to the nature of the project, purpose, enterprise nature and different stages of product development and production.
1. Capital construction loan: refers to the loan granted for capital construction such as infrastructure, municipal works, service facilities and new or expanded productive projects approved by the competent department of the state.
2. Technical transformation loan: refers to the loan granted to the technical transformation projects of existing enterprises focusing on connotation expansion and reproduction.
3. Science and technology development loan: refers to the loan used for the research and development of new technologies and new products and the transformation or application of scientific and technological achievements to the production field.
4. Commercial outlet loan: refers to the loan that commercial, catering and service enterprises apply to the bank for the funds needed to expand outlets, improve service facilities and increase storage area when the self-raised construction funds are insufficient.
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