It is possible to get a bank loan for a utility model patent. Moreover, the utility model patent holder needs to sign a written mortgage loan contract with the bank and handle the pledge registration of the utility model patent right together. If the patent holder fails to fulfill his repayment obligations, the bank has the right to apply for auction or sale of the patent.

Legal Basis

Article 444 of the Civil Code: Where property rights in intellectual property rights such as registered trademark rights, patent rights, copyrights, etc. are pledged, the pledge rights shall be It is established when handling the pledge registration. After the property rights in intellectual property rights are pledged, the pledgor may not transfer or permit others to use them, except where the pledgor and the pledgee agree through negotiation. The price obtained by the pledgor from transferring or permitting others to use the property rights in the pledged intellectual property rights shall be paid off the debt in advance or deposited to the pledgee. Article 437 The pledger may request the pledgee to promptly exercise the pledge right after the expiration of the debt performance period; if the pledgee fails to exercise the pledged right, the pledger may request the People's Court to auction or sell the pledged property. The pledger requires the pledgee to exercise the pledge rights in a timely manner. If the pledgee fails to exercise his rights and causes damage to the pledger, the pledgee shall bear the liability for compensation.