Under this model, when qualified high-quality SMEs need to renew their loans, the fund will help them advance their previous loans. Before the advance payment, the bank will contact the lending funds to complete the bank's loan renewal process in advance, which saves the enterprise a lot of trouble. Due to the completion of the loan extension process ahead of schedule, the loan funds are in place very quickly, and the basic cycle is only 1/3 of the traditional bridge-crossing business, which greatly reduces the financing cost of SMEs.
Extended data:
Principles for determining the project of national debt lending funds
First, it is mainly used for projects under construction or projects that have completed preliminary work. New projects generally take about 2 years to complete, to prevent redundant construction;
The second is infrastructure projects;
Third, the determination of the project should not only consider the needs of economic and social development in the region, but also consider the comprehensive repayment ability of the region.
National debt loans shall be used for the following construction projects:
(1) Investment in agriculture, forestry and water conservancy;
(2) investment in traffic construction;
(3) investment in urban infrastructure and environmental protection;
(4) Construction and transformation of urban and rural power grids;
(5) Construction projects specified by other countries.
Baidu encyclopedia-loan fund
Baidu Encyclopedia-National Debt Lending Fund