Short-term loans refer to loans with a loan term of 1 year (inclusive). Short-term loans are generally used for the liquidity needs of the borrower's production and operation. The currencies of short-term loans include RMB and major convertible currencies of other countries and regions. The term of short-term working capital loans is generally about half a year, and the longest is no more than one year; Short-term loans can only be extended once, and the extension period cannot exceed the original period.

Minimum limit case: loan period of bridge bank 1 day.

Short-term loans of industrial and commercial enterprises mainly include: operating revolving loans, temporary loans, settlement loans, bill discount loans, seller's credit, pre-purchase deposit loans and special reserve loans. (1) Operating revolving loan: also called productive revolving loan or commodity revolving loan. Loans obtained by enterprises from banks or other financial institutions because their working capital cannot meet the needs of normal production and operation. When handling loans, enterprises should submit annual and quarterly loan plans to banks according to relevant regulations, and handle loans according to the loan receipts in the loan plans after approval by banks. (2) Temporary loans: short-term loans that the normal working capital of an enterprise cannot meet the needs due to seasonal and temporary objective reasons and exceed the turnover of production or commodities. Temporary loans shall be subject to the "one-by-one nuclear loan" method. The loan term is generally 3 to 6 months, used according to the specified purposes and returned according to the accounting period. (3) Settlement loan: when the sales payment is settled by collection and acceptance, the enterprise borrows money to solve the funds needed in transit after the goods are issued and before the payment is received. If an enterprise collects money from the bank within the specified time limit after delivery (usually 3 days, but not more than 7 days in special circumstances), it may apply for collection and acceptance to settle the loan. The loan amount is usually calculated according to the collection amount and the agreed discount rate, which is roughly equivalent to the cost of selling goods plus prepaid transportation and miscellaneous fees. After the enterprise's payment is recovered, the bank will deduct its loan by itself. (4) Discounted bills loan: In case of operating turnover difficulties, the loan for applying for discounted bills generally does not exceed 3 months. If the current loan amount is generally the face value of the bill after deducting the discount interest, then the interest of the discounted loan is the discount interest of the bill, which is deducted by the bank at the time of discount.

All kinds of loans

Unit:%

Within one year (including one year)

5.35

One to five years (including five years)

5.75

More than five years.

5.90