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Personal business loans can also "mortgage" it?

Time: 2016-07-08         Source: Wenzhou Commercial Daily         Author: Wenzhou Daily

Personal business loans can also mortgage it? For most small and micro businesses, the most bothersome thing to do when getting a loan from a bank is paying back the loan due. Funding hands have not covered the heat, the repayment period arrived. Encounter banks "loan loan pressure loan", the capital chain will be broken. However, in the future, these enterprises can borrow a loan on loan for 20 years, using only a small monthly bank money. Recently, the reporter learned from the Shanghai Branch of Shanghai Pudong Development Bank was informed that the bank launched last month, an upgraded version of personal business loans - "room fast credit loan" business, the longest period of 20 years, can be like housingMortgage LoansJust as slowly.

"Small micro-business owners generally have real estate, apply for personal business loans is not too difficult, but difficult in the vast majority of financial institutions to short-term loans for a year." Shanghai Pudong Development Bank branch in Wenzhou, said the person in charge, such loans The deadline for many small and micro businesses frequently close the cash flow is mismatched, desperation must pay a lot of money throughPrivate lendingWith the annual adjustment of financial policies and the tight credit scale, the owners of small and micro enterprises have to bear the distress of submitting different credit information adjustments as well as the deadline for uncontrollable renewal of loans.

It is reported that "the house arrived fast loan" is the Pudong Development Bank for small and medium-sized enterprise owners financing difficult, difficult to guarantee, short loan repayment innovation launched a personal business financing upgrade service products, the maximum loan amount up to 10 million yuan, The mortgage rate is 70%. Currently, the collaterals for this business include the effective real estate in Wenzhou covering Lucheng, Ouhai, Longwan, Ruian, Yueqing, Cangnan and Yongjia; the Lishui area covers the effective real estate of Lishui, Jinyun and Qingtian; the Hangzhou area covers the main urban area of ​​Hangzhou As well as the effective properties of Binjiang District and Xiaoshan District downtown; the Shanghai area covers the area within Shanghai's Central Link and the villas within the Shanghai area. The types of collateral include residential and commercial buildings. 2-3 working days to complete the review and approval.

According to the current standards of Shanghai Branch of Shanghai Pudong Development Bank, Wenzhou qualified real estate and residential more than 200 eligible mortgages are exempt from assessment. As for interest rates that lenders care about, Shanghai Pudong Development Bank gives the answer is that depending on the region, the customer contribution to the bank is different, the use of differentiated interest rates, the current average interest rate is the benchmark interest rate go up 15% -25% . The current 5-year benchmark interest rate is 4.9%, according to the median floating 20%, the effective interest rate of 5.88%. Suppose a business owner mortgages his own property and earns $ 1 million in loansEqual principal and interest repayment, Then every month also need to bank 7095.25 yuan, accumulative interest paid 70.2861 million yuan.

It is reported that since the launch of the business, it has been welcomed by the market. In just a few days, the Shanghai Branch of Shanghai Pudong Development Bank has issued nearly 10 million yuan in loans.

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