As far as the current situation is concerned, the main sources of loan financing for ordinary small and medium-sized enterprises are three aspects:
I. Banks
Features: complicated loan procedures, high credit threshold, limited use of funds, long approval period and low interest. Suitable for small and medium-sized enterprises with good credit and medium-and long-term capital turnover support.
Although many banks provide fast loan services, they still cannot meet the financing needs of ordinary small and medium-sized enterprises. For example, the fast loan service for small and medium-sized enterprises launched by Industrial and Commercial Bank of China and Bank of Beijing still stipulates the use scope of funds, and the loan time is still relatively long.
Second, pawn shops.
Features: the loan procedure is simple, there is almost no threshold, the scope of fund use is unrestricted, the loan can be made on the same day at the earliest, and the loan method is flexible, but the interest is higher than the bank interest. Pawn mortgage loans mainly take physical objects as collateral, and pay attention to whether the pawned items are genuine.
Suitable for short-term capital turnover of ordinary small and medium-sized enterprises. For example, the SME loan service launched by Huaxia Pawnshop and Minsheng Pawnshop can be released within 2-3 working days. It greatly facilitates the short-term capital turnover of SMEs.
Third, private lending.
Features: In addition to the highest loan interest rate and relatively high risk, there is also a credit guarantee. Other features are basically the same as those of pawn shops. Such as remittance loan. The difference here is mainly because the first two financing methods are allowed by national laws, while many private loans are evaded by laws and need to be identified.
Extended data:
operation flow
1. The enterprise applies for a working capital loan from the bank and provides relevant materials of the enterprise and the guarantor (if necessary).
2. Sign loan contracts and related guarantee contracts. After an enterprise's loan application is approved by SDB, banks and enterprises need to sign all relevant legal documents.
3. Implement the guarantee according to the agreed conditions and improve the guarantee procedures. If the enterprise is required to provide guarantee according to the bank's approval conditions and the signed guarantee contract, it is necessary to further implement specific guarantee measures such as third-party guarantee, mortgage and pledge, and complete relevant guarantee procedures such as mortgage registration and pledge delivery (or registration). If you need notarization, you also need to perform notarization procedures.
4. Issue loans. After all the formalities are completed, the bank will issue loans to the enterprise in time, and the enterprise can reasonably control the loan funds according to the loan purpose agreed in advance.
Baidu Encyclopedia-SME Loan