What kind of loan is a commercial loan?

Operating loans refer to loans issued by banks to borrowers for working capital, purchasing or updating operating equipment, paying rental of rented houses and other legitimate production and business activities. It is a financing product mainly for small and medium-sized business owners or individual industrial and commercial households. Borrowers can obtain bank loans through real estate mortgage and other guarantee methods, and the loan funds are used for the business needs of enterprises or individual industrial and commercial households.

What are the characteristics of mortgage loan?

1. The loan is applicable to the legal and compliant capital requirements within the company's business scope, including but not limited to debt funds and funds exceeding the project capital requirements;

2. The mortgaged business property should be a loan owned by the borrower, located in a bustling business district, open to the outside world, and the paid rent is the source of repayment;

3. The value of collateral shall be assessed by a real estate appraisal company that meets the qualification standards of real estate appraisal institutions above Grade II of the Ministry of Construction.