Yes The average annualized interest rate of financial institutions such as banks is 4%- 15%, while the private annualized interest rate is 18%-36%. It is impossible to judge whether the interest rate is this fund!

For many lending institutions, money has been released, but now due to the influence of policies, it is no longer possible to lend money, so whether it is a successful loan case still cannot explain whether it is real money or not!

Private equity financing materials include:

(1) Memorandum on Private Equity Financing-About company introduction, structure, products, business, market analysis, competitor analysis, etc. (This memo appears as a slide, * * * 20-30 pages).

(2) Historical financial data-audited financial reports of the enterprise in the past three years.

(3) Financial forecast-the growth of sales revenue and net profit of the enterprise in the next three years after the financing funds are in place (PE usually relies on this forecast for enterprise valuation, so this work is very critical).

Under normal circumstances, investment banks will answer the first round of PE questions instead of enterprises and communicate intensively with these PEs. The goal is to decide which PE has the greatest interest in the company, which is likely to give the highest valuation, and has investment experience in related industries, which can help the company successfully go public.