1. What is a commercial loan?
A commercial loan is a loan used to supplement the working capital of industrial and commercial enterprises. It is generally a short-term loan, usually nine months, and no more than One year, but there are also a small number of medium and long-term loans. Such loans are the main component of commercial bank loans, generally accounting for more than one-third of total loans. Legal analysis Personal housing commercial loans are self-operated loans issued by banks using their credit funds. Specifically refers to the housing commercial loan that a natural person with full capacity for civil conduct applies to a bank for a commercial housing loan as a guarantee for repayment of the loan when purchasing a self-occupied urban home in this city, using the purchased property housing or other guarantee methods recognized by the bank as collateral. . Mortgage loan is a type of commercial loan. Personal housing commercial loans are a type of loan that citizens apply to banks for purchasing commercial housing. According to relevant bank regulations, anyone who meets one of the following two conditions can apply for a loan type: first, residents participating in housing savings; second, housing sales The merchant and the lending bank have agreed that the real estate guarantee company will provide guarantees to the bank for residents' home purchase loans. Commercial loans refer to the proportion of the balance of guarantees provided by housing purchase guarantee institutions that provide guarantees for commercial loans at the end of the statistical period. Commercial loans, also known as personal housing loans, are commercial banks and housing savings banks approved by banks to provide loans for urban residents to purchase ordinary houses for self-use, subject to legal loan interest rates. Many commercial banks have this business, such as China Construction Bank and Agricultural Bank of China. The procedures for applying for a loan are also basically the same. Commercial loan process: 1. Submit loan application; 2. Bank acceptance investigation; 3. Bank verification and approval; 4. Both parties go through relevant procedures; 5. Bank issues loan. Three forms: Ordinary commercial loans do not need to be repaid with a buyer's loan; fast commercial loans need to be repaid with a buyer's loan, and a periodic guarantee is provided through a guarantee agency; provident fund loans have many procedures, take too long to get the money, and are relatively risky for the seller . A business loan is also a type of mortgage loan. The legal basis is Article 394 of the "People's Republic of China and Civil Code". In order to guarantee the performance of debts, if the debtor or a third party does not transfer the possession of the property and mortgages the property to the creditor, the debtor fails to perform the due debt or When the mortgage rights are realized as agreed by the parties, the creditor has the right to receive priority payment for the property. The debtor or third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property providing guarantee is the mortgaged property.
2. What does a commercial loan mean?
What is a commercial loan?
3. What does financial services include?
Financial services include: direct insurance (including direct insurance, life insurance, non-life insurance); reinsurance and retrocession; insurance intermediaries; insurance ancillary services, such as consulting; accepting public deposits and other repayable Funds; all types of loans, including consumer credit, mortgage credit, agency and financing of commercial transactions; financial leases; all payment and money transfer services, including credit cards, charge cards, debit cards, travellers' checks and bank drafts.
4. What is the reimbursement of commercial loans?
Repayment of commercial loan performance funds is an industry loan, which is used to provide funds for performance effectiveness.
Expansion: Commercial loans are used to supplement industrial and commercial loans, especially in the real estate industry. Generally speaking, commercial loans are short-term loans, usually a few months to a year, but mortgage loans are not. This type of loan is an important part of commercial bank loans, usually accounting for more than 30% of a commercial bank's total loans.