1. What is the maximum term of a commercial loan of RMB 20 million for an industrial company? Do I need to repay it every month? I heard that only interest is enough? Expert advice
1. Since it is an industrial company, it should refer to a manufacturing enterprise with its own subsidiaries. 2. For a loan of 20 million, there are probably three modes: working capital; fixed assets; and bill financing. 3. Working capital is generally shorter and most of the term is one year. Fixed assets can generally be up to 10 years depending on the actual situation. About; in the case of bill financing, the period is more flexible but the term is generally shorter. 4. The actual situation of the loan is differentiated according to your guarantee method, such as: credit, guarantee, mortgage, pledge, etc. There are also specific differences in different methods and periods. 5. Generally, the short-term repayment methods are monthly principal and interest repayment and monthly interest repayment and one-time repayment of the principal upon maturity; medium and long-term repayment methods can also include monthly repayment of interest and principal repayment in installments, etc., depending on your loan situation. Be specific. 6. Repayment of interest varies greatly depending on the repayment. Just look at the actual situation. Interest is easy to calculate. There are repayment calculators on many websites, so you can just calculate it yourself. 7. Because the amount is large and the enterprise is large, it is recommended to go to several local banks. Because the policies are different in different regions, and the policies of different banks are also different. Go to more and ask more questions, and finally decide on a specific bank to operate. Personal opinions, for reference only!
2. How about Shanxi Jianlong Industrial Co., Ltd.?
Introduction: On December 1, 2016, the company name was changed from Shanxi Haixin International Steel Co., Ltd. to Shanxi Jianlong Industrial Co., Ltd. Legal representative: Xia Jiaquan Date of establishment: 2000-03-23 ??Registered capital: 2.5 million RMB Industrial and commercial registration number: 140000400013954 Enterprise type: Limited liability company (a sole proprietorship of a legal person that is not invested or controlled by a natural person) Company address: Dong Town, Wenxi County, Shanxi Province
3. How many years can a commercial loan be loaned for?
The maximum term of a commercial loan is 30 years, which is determined by the age of the house and the age of the borrower. Long-term loans have higher interest rates, and short-term loans have higher interest rates. few. How much money and how many years the commercial loan will cost depends on the total purchase price of your home and the age and income of the home buyer. Generally speaking, the maximum loan amount for the first home is 70% of the total price, and the maximum loan amount for the second home is 40%. The term depends on the age of the borrower. Generally, the age plus the loan term should not exceed 65 to 70 years. Generally, you cannot apply for a commercial loan after you reach the age of 60-65. Generally, it is postponed for 5 years, and you can get a loan for 10 years, but the specifics will depend on your loan amount, age, and local bank policies. It’s different. The specific information depends on the bank. Generally speaking, the maximum loan amount for the first home is 70% of the total price, and the maximum loan amount for the second home is 40%. The term depends on the age of the borrower. Generally, the age plus the loan term should not exceed 65 to 70 years. According to the latest regulations of the People's Bank of China, the maximum loan amount shall not exceed 80% of the total payment or appraised value of the house purchased. However, in the actual operation process, specific to each project, it will also depend on the economic strength of the developer and the project's size. It varies depending on the construction situation and personal economic situation. In order to attract customers, banks have extended loan terms to 30 years. As long as the sum of the loan term and age does not exceed 70 years, that is, people under the age of 40 can generally apply for a 30-year loan. For those with sufficient funds and willingness to invest, long-term loans are more beneficial. Long-term funds can be borrowed and short-term investments made externally, with a return sufficient to repay the long-term borrowing and a surplus. What are the steps to apply for a business loan? 1. Before taking out a loan to buy a house, check your credit record. Banks usually refuse loans to those with bad credit records. 2. Pay the down payment and sign the "Commercial Housing Sales Contract". 3. Provide relevant information, go to the bank to sign the "Loan Contract", and open an account at the lending bank for repayment. 4. After the information is complete, the bank will review the Loan Contract, determine the loan amount, and issue the loan. 5. After disbursing the loan, the bank will notify the transferor via text message, and the repayer will regularly deposit the mortgage loan into the bank's repayment card.
4. How many years can an industrial company’s commercial loan of RMB 20 million be extended at most? Every month...
Probably not.