On September 13, 2016, Qiu Company applied for a loan of 400,000 yuan from our company (Wuhan Bangxin Small Loan Co., Ltd.) with real estate as collateral on the grounds of operating working capital turnover. The company is in a period of expansion. A bank operating loan is about to expire within this month, and the operations of the four branches also need to be turned over. Customers have great financing needs in the short term, so loan approval is relatively fast. According to the company's product access and loan approval system, our bank's loan officer issued a loan of 400,000 yuan to the company's shareholders Wu Bo and Qiu Man on September 21, 2016, with a term of 24 months. The borrower provided a mortgage on the property in his name. Customer follow-up operations are normal, and the business has also expanded to Shiyan, Jingmen and other places. The loan is due and will be settled in advance on September 15, 2018.

1. Relevant background and reasons

Qiu Company was established on September 17, 2015, with a registered capital of RMB 1 million and is solely operated by a natural person. Qiu Man, legal representative and shareholder, female, 34 years old. There are more than 40 employees in the store. Before registering Qiu Company, Qiu Manhe had been engaged in the catering industry and opened a spicy private restaurant. Later, Qiu Company was established and opened two stores in Nanguo Beidu City Plaza in Jiang'an District and Yuexiu Xinghui Harbor Shopping Center in Qiaokou District. In June and July 2016, they opened two stores in Zhongyuan Plaza, Qingshan District and Jianghan Road Subway Business District. They have a good reputation online.

Qiuwei Company is currently in a period of development and growth. In the previous period, we have applied for two one-year loans with interest and then principal with the Rural Commercial Bank***, totaling 750,000 yuan, of which 450,000 yuan was the one-year loan with interest and then principal, which will be available on September 27, 2016. Expect. At this stage, the daily operating funds of the four stores are relatively tight, and there is no remaining funds for repayment; the borrower, Qiu Man, applied for this loan to make up for the lack of working capital in the company's operations and the turnover of funds due to recent bank loans, and promised to use it The company's operating income repays the loan and provides a mortgage guarantee with a local property. The property is owned jointly by Qiu Man and Wu Cuihua (99% is owned by Qiu Man and 1% is owned by Wu Cuihua). Qiu Man and Wu Cuihua have a mother-daughter relationship. Nature of property rights: commercial housing for sale/marketization, house use: other commercial land/office, house currently for rent.

II. Event Process

After Qiu Man and Wu Bo of Taste Company submitted a loan application to Wuhan Bangxin Small Loan Co., Ltd. on September 13, 2016, our company immediately sent a loan The personnel conduct on-site investigations on the borrower's qualifications, loan purposes, operating conditions, collateral conditions, etc., and collect and verify relevant information. The loan officer subsequently visited one of the newly opened Jianghan Road stores in July to confirm the operating conditions of the company's stores. The investigation report was completed on September 14 and submitted to the risk department.

After preliminary review, the Risk Department believed that it could be submitted to the company's loan review meeting for approval, and organized the company's loan review meeting for review on September 14. Members believed the borrower was expanding rapidly and the collateral was an office building. According to the loan officer's on-site inspection of the company's stores and feedback from the online platforms Meituan and Dianping, it has a good reputation, normal operations, is located in a business district, and has good foot traffic. The real estate appraisal price is evaluated according to the market transaction price, and the mortgage rate is controlled within 50%;

In summary, the members of the loan review committee unanimously agreed that the loan review committee members, Qiu Man, and Wu Cuihua, the same borrower, will be the same as the borrower. A house was used as a mortgage and Baili (Wuhan) Business Information Service Co., Ltd. was used as a guarantee. A loan of 400,000 yuan was granted to it with a term of 24 months and equal principal and interest. On September 14, the issuance review committee signed its opinion and agreed. Report to the headquarters approval center for approval.

After receiving the reported project, the Approval Center of the Head Office conducted the review and approval according to the national mortgage loan product requirements, and approved the borrower, Qiu Man, Wu Cuihua, and a loan of 400,000 yuan, with equal principal and interest for 24 months

< p>On September 20, the loan officer and the risk officer cooperated to handle the signing procedures to ensure that the borrower's signed contract and the integrity of the documents were not missed, and to prevent the customer from coming back to sign the contract. After the risk manager completes the mortgage formalities, the receipt is uploaded to the system and the loan process is followed. The Finance Department issued a loan of 400,000 yuan to the borrower on September 21, 2016.

Three.

Case analysis

(1) Basic situation analysis of loans

Company and personal credit information

After querying the national enterprise credit disclosure system and the national court information query on persons subject to execution , Qixinbao and other third-party information, Qiuwei Company has no information related to execution and prosecution, and no bad information; the company's legal person Qiu Man, spouse Wu Bo, and mother Wu Cuihua inquired through the credit information system of the People's Bank of China. Overdue information in the past two years shows that Qiu Manlian has accumulated 1 and 4, Wu Bolian has accumulated 1 and 7, the current overdue amount is 1878 yuan (already paid, credit data is delayed), Wu Cuihua has accumulated 0 and 0, and the credit report meets the Rongyiya product access requirements.

Asset Status

Qiu Man and Wu Bo own three houses, namely Room 04, 16th Floor, Building 1, Huanan Beidu City Plaza, No. 12 Gusaoshu Road, Jianghan District. The planned use is office, with a construction area of ??48.82 square meters. Room 101, 1st Floor, Unit 1, Building 2, D4, Lishui Home, Dongxihu District, has a construction area of ??98.71 square meters. No. 10, 16th Floor, No. 264-282 Zhongshan Avenue, Qiaokou District, is planned to be used as an office, with a construction area of ??54.42 square meters; according to the market price, the valuation is around 2.54 million yuan. From the above point of view, the operating results accumulated over the years,

the company's own operations.

The company’s main body certificates are complete. Although the company license has only been established for one year, the company's legal persons Qiu Man and Wu Bo have been engaged in the catering industry many years ago and are relatively sensitive to the market. Qiu Man himself is a strong eater and likes to study recipes. For a spicier taste, he created a series of recipes. At the same time, he created a spicy private kitchen, which was very popular in the market. Meituan and Dazhong have good reviews. In response to market demand, he opened two new ones in Qingshan District and Jianghan District that year. The store is located around the business district, in an area with mature facilities and a large concentration of people. Wu Bo is responsible for the daily operation and management of the company, while Qiu Man is responsible for the production and external publicity of the dishes. There is a clear division of labor between them, which is conducive to the orderly operation and development of the company.

(2) Analysis of mortgage loan plan

Purpose of loan

The purpose of this loan is to repay a loan of 450,000 from Wubo Rural Commercial Bank on September 27, 2016 Part of the funds will be 100,000 yuan, and the remaining funds will be used for the turnover of two new stores this year.

Additional conditions

The collateral for this loan is located in Room 10, Floor 16, No. 264-282 Zhongshan Avenue, Qiaokou District.

The property is owned by Qiu Man and Wu Cuihua (99% and 1% by share), and the house ownership certificate number is E (2016) Wuhan City _ Kou District Real Estate Rights No. 0004646. The building area is 54.24_, the nature of the rights: commercial housing for sale/marketization, the use: other commercial land/office, the structure of the house: reinforced concrete structure, the total number of floors of the house and the number of floors it is located on: 20/16.

For the sake of caution, multiple online inquiries such as Fangtianxia, ??Anjuke, and 58.com were used to evaluate the value of the collateral, and the lower principle was used to determine the final evaluation value. The lowest evaluation value used here is The amount is 810,000 yuan. The mortgage is in a good location, with convenient transportation and mature surrounding facilities. The mortgaged property is currently for rent, with a monthly rent of 2,000 yuan, and the tenants are nearby office workers.

③solvency

The company has successively opened two stores in Jiang'an Nanguo Beidu City Plaza and Yuexiu Xinghui Victoria Harbor Shopping Center. Now in June and July 2016 Two more stores were opened in Zhongyuan Plaza and Jianghan Road in Qingshan District. The business has a good online reputation, with a monthly turnover of 1 million yuan (excluding the two new stores) and a net income of 100,000 yuan. The mortgage is for rent, the monthly rent is 2,000 yuan, and the tenant is a nearby office worker.

The borrowers Wu Bo and Qiu Man currently have total liabilities of 1.0723 million yuan, including 750,000 yuan in operating loans, 211,000 yuan in mortgage loans, and 111,300 yuan in credit cards; the monthly repayment amount is 7,651 yuan. , plus the current loan application of 400,000 yuan, the monthly repayment amount is 19,231 yuan, and the total monthly repayment amount is 26,882 yuan.

To sum up the above situation, the monthly income is greater than the monthly repayment, so the project has good solvency.

(3) Risk points and control measures

①Market risk

The company belongs to the catering industry, and the market competition is fierce. Customers must be highly sensitive to the market. Only by developing distinctive and innovative business concepts can we gain a place; the company's operations are now in an expansion period, with large short-term cash flow needs and limited financing capabilities. For subsequent operations of new stores, it is necessary to maintain good cash flow and face the risk of future market uncertainty.

The mortgage is a commercial office building with high market transaction taxes and low transaction volume. The mortgage is in a rental state and will involve third-party lessors in the future.

② Risk prevention measures

In view of the above analysis, it is agreed to grant Wu Bo, Qiu Man, and Wu Cuihua 400,000 yuan, with a term of 24 months, and equal monthly principal and interest repayments. Preventive measures:

Ⅰ. Company legal persons Qiu Man and Wu Cuihua*** have the property located at No. 10, 16th Floor, No. 264-282 Zhongshan Avenue, _kou District as mortgage, go through the registration procedures, and set up the first mortgage right people. According to the lower price of Fangtianxia, ??Anjuke and 58.com, the assessed price is 810,000 yuan. Taking into account market transaction taxes and fees, the mortgage rate is controlled within 50%, and the mortgage rate is 49.3%.

II. Additional house *** owner Wu Cuihua and spouse Wu Bo are ***’s borrowers. The additional guarantee institution Jiabaili (Wuhan) Business Information Service Co., Ltd. provides joint liability guarantee.

Ⅲ. In view of the fact that the mortgaged property is in a rental state, the lessee shall be notified that the lessor has applied for a loan from our company and gone through the mortgage registration procedures for the house, and the fact is that it has been mortgaged in the name of our company.

IV. Achievements and Highlights

(1) The company’s standardized products and fast approval process have acted as a “booster” in the loan business

The company’s business philosophy ——To be a partner of small and micro enterprises, to be a corporate benchmark in the small loan industry, and has always been adhering to the purpose of serving small and micro enterprises; through the company's years of business accumulation, it timely launches "Rongyi Home Mortgage Standardized Products" that meet market demand. Features: The loan term is long, and the term of a single loan can be up to 5 years; the repayment method is flexible, and repayment can be made in equal amounts of monthly principal and interest, or in irregular customized ways.

Similar products soon appeared on the market. The company continued to optimize internal systems, improve efficiency, and adopt an assembly line approval model to achieve rapid approval and rapid disbursement. The business approval process fully reflects timeliness, ensures the timeliness of customer loans to a certain extent, and effectively alleviates customer capital turnover problems.

(2) Good management of small and micro enterprises is an important basis for obtaining financing

Currently, bank mortgage products on the market have high entry thresholds, cumbersome procedures, and approval requirements for small and micro enterprises. Low efficiency and other characteristics, one of the important assessment indicators is the company's operating performance and profitability in the past two years, as well as product sales orders, etc. are strictly reviewed. Therefore, small and micro enterprises must do a good job in management in the early stages of starting a business.

It can be seen that Rongyi mortgage loan is not only a product, but also a new financing method for enterprises, especially small and micro enterprises. In today's market economy where financing is difficult, Rongyi Home Mortgage will definitely bring a glimmer of light to the financing difficulties faced by many small and micro enterprises. The operation process of Rongyigua loan is simplified and convenient, meeting the short-term, frequent and urgent financing needs of small and micro enterprises. Related Q&A: Is the website of Bangxin Small Loan a scam and will ask you to remit money before the matter is processed? At this time, you have to be careful. Most of the things online are problematic.