＊Small Business Loans

Overview

■Loan Types

In order to better support the development of small businesses and promote local economic prosperity, Based on the relevant characteristics of small business credit business, our bank promptly innovated two credit business brands, "Sui Dai Tong" and "Growth Road", and derived a sub-product "Quota Mortgage Loan" under the "Growth Road" product.

■Scope of application

All types of loans, commercial bill acceptance, discount, trade financing, guarantees, loan commitments and other on-balance sheet and off-balance sheet credit businesses.

■Loan Purpose

It is used for the normal and legal production and operation capital turnover of small businesses and investment in equipment, factories, etc. It may not be used for other purposes or flow into the securities market or futures in any form. market and for equity investments.

■Approval time

On the premise that the customer's loan conditions are met, the information provided is true and complete, and the small business operation center of our bank accepts the approval application materials and confirms compliance, the five Complete the review and approval work within working days.

Sudaidaitong

Product Description "Sudaidaitong" business refers to small businesses with insufficient information, difficulty in rating credit or low credit rating, mainly based on the information provided by the enterprise. A full and effective mortgage (pledge) guarantee, and the business owners or shareholders bear joint and several liability for the guarantee, or a credit business with a third-party guarantee provided by a specific guarantor.

Product Features Our bank specially develops credit products for small businesses with urgent credit needs and no bank credit lines. On the premise of providing sufficient and effective guarantees, we can quickly solve the financing needs of small businesses. It has the characteristics of "acceptance" It has the characteristics of flexibility, simple procedures and fast loan disbursement.

Loan targets are small legal persons and individual industrial and commercial households registered with the industrial and commercial administration department.

Loan conditions

●The purpose of the loan is legal and clear.

●Provide full mortgage (pledge) guarantee of specific mortgage (pledge) items that meet the regulations or a third-party guarantee by a specific guarantor.

●Enterprise owners or shareholders are required to assume joint and several guarantee responsibilities (except for the "Sudaidaitong" low-risk business and the third-party guarantee business of specific guarantors).

●Other conditions deemed necessary by China Construction Bank.

The loan limit is generally up to 20 million yuan.

The loan term is generally up to 36 months.

The loan interest rate will be determined based on the customer's contribution to our bank, with a minimum increase of 15% based on the benchmark interest rate of the same grade; low-risk businesses can be implemented according to the current pricing policy.

Loan interest settlement and repayment methods Loans are calculated on a daily basis and interest is settled on a monthly basis. In principle, the repayment method requires equal monthly repayments or equal monthly principal repayments, etc. (If the loan term is less than 1 year, one-time repayment is required upon maturity).

Growth Road

Product Description "Growth Road" is our bank's full-process and continuous support for growing small businesses with sufficient information, good credit records, and strong sustainable development capabilities. Credit products, credit business handled after credit rating.

Application Qualifications

● Small business legal persons that have been approved and registered by the industrial and commercial administration department and have passed the annual inspection.

●Have necessary organizational structure, operation management system and financial management system.

●Have a fixed residence and business premises, operate legally, and have a marketable and profitable product.

●Possess a loan certificate and card issued by the People’s Bank of China.

●Have good credit, have the ability to fulfill contracts and repay debts, and have no bad credit record.

●Be able to comply with national financial regulations and bank regulations.

●Open a basic settlement account or general settlement account with our bank.

Loan conditions: The purpose of the loan is legal and clear. Loan guarantee methods are mainly mortgage (pledge), and in principle, credit is not allowed. Guarantee can be provided in one or more of the following ways:

●Corporate customers provide one or more mortgage (pledge) guarantees, and the mortgage (pledge) provided complies with the regulations of China Construction Bank Mortgage (pledge);

●The guarantee institution approved by the provincial branch and the head office shall bear the full guarantee within the guarantee limit;

●The credit rating assessed by our bank is A full guarantee method provided by AAA-level customers to occupy the guarantor's credit limit.

●Other conditions deemed necessary by China Construction Bank.

The credit risk limit is calculated according to the "China Construction Bank Small Enterprise Customer Evaluation Methods". The credit limit for small business customers is determined based on the lowest amount between the credit risk limit and the guarantee limit. Generally, the maximum limit can reach 20 million yuan.

The loan period is reasonably determined based on the enterprise's production, operation and capital turnover status, and is mainly short-term credit business within one year. In principle, the loan period shall not exceed three years, and in principle it shall not be extended after expiration.

Loan interest rate Loan pricing can be adjusted appropriately according to the customer's situation, but it shall not be lower than the benchmark interest rate of the same grade. At the same time, low-risk businesses can be executed according to the current pricing policy.

Loan calculation and repayment method Loans are calculated on a daily basis and settled monthly.

The repayment method can be monthly interest payment, principal repayment upon maturity, or other repayment methods. (If the loan term is less than 1 year, one-time repayment is required upon maturity).

Small Business Quota Mortgage Loans

Product Description Small Business Quota Mortgage Loans (hereinafter referred to as "Quota Mortgage Loans") refer to the loans issued by China Construction Bank to small business borrowers using credit funds. A loan that takes the form of a mortgage and can be mortgaged once and used repeatedly within the validity period of the credit limit.

Loan purpose mortgage loans are used for normal production and operation capital turnover of small businesses and investment in equipment, factories, etc., and shall not be used for stock market and securities investments and other equity investments or those prohibited by relevant national laws, regulations and rules. Other investment activities.

Loan targets are small corporate enterprises that have been approved and registered by the national industrial and commercial administration authorities. The classification standards for small enterprises shall be implemented in accordance with the relevant provisions of the "Measures for Determining the Scale of Corporate Customers of China Construction Bank".

Loan conditions Borrowers applying for a mortgage loan from China Construction Bank must meet the following conditions

●Be approved and registered by the industrial and commercial administration department, and pass the annual inspection;

●Have the necessary organizational structure, operation management system and financial management system;

●Have a fixed residence and business premises, operate legally, and have marketable and profitable products

●Hold Loan card issued by the People's Bank of China;

●Good reputation, capable of fulfilling contracts and repaying debts,

●Enterprise operators of good quality and good conduct;

●Be able to comply with national financial regulations, policies and relevant bank regulations;

No bad credit record

●Open a basic settlement account or general deposit account at China Construction Bank, and all or most of the production and operating funds will be settled through China Construction Bank;

●The mortgagor agrees to use the unmortgaged mortgage to establish a settlement account. Fixed mortgage;

●Other conditions required by China Construction Bank.

Loan limit is the loan control amount determined within the credit risk limit through a comprehensive evaluation of small business customer credit status, funding needs, repayment sources, collateral and other factors.

Loan term: In principle, the maximum term of a single loan shall not exceed 3 years. Among them, working capital loans that are more than one year must repay the principal in equal installments monthly or in equal installments quarterly.

The loan interest rate is risk-priced based on the credit rating, collateral and comprehensive contribution to the Construction Bank of the small enterprise.

Interest calculation method: Interest is calculated on a daily basis and settled on a monthly basis.

Collateral The mortgage provided by the mortgagor should comply with the scope of mortgage specified by our bank. The mortgage must have clear property rights, good circulation performance, and strong liquidity.

Required information When a borrower applies for a mortgage loan, the following information should be provided:

●Loan application form;

●Borrower’s business license (copy), The borrower’s tax registration certificate (copy); organization code certificate (original and copy); loan card issued by the People’s Bank of China (original and copy);

●Last year’s financial report and the latest issue Balance sheet, profit and loss statement and cash flow statement

●Production and operation status and annual financial income and expenditure plan;

●List of mortgages, ownership certificates and persons with the right to dispose of property (property ***Documents proving that someone) agrees to the mortgage;

●Other materials deemed necessary by China Construction Bank.