Is the property company loan reasonable?

What is the purpose of the property company applying for working capital loan?

Use of working capital: you can write daily expenses such as salary of property personnel, maintenance and repair of community, greening of community, etc. The purpose of working capital loan is generally limited to the expenses that the company needs to pay for its daily operation and turnover.

What are the access conditions and loan purposes of operating property loans?

Operating property loans refer to loans issued by United Bank to legal persons or other economic organizations that develop or purchase operating properties on their own, with the property owned by them as loan collateral or sufficient guarantee provided by a third party, and the principal and interest are repaid with the operating income of the property, but not limited to the operating income of the property.

Access conditions:

A legal person or other economic organization established with the approval of the competent department, holding an enterprise business license according to law and carrying out independent accounting has put its property into operation and has the right to dispose of it independently.

The purpose of the loan:

It can be used for the capital demand during the operation of the property, including the replacement of debt funds and the expenses of decoration, maintenance and management during the existence of the property.

Scope of application:

Commercial, office, production and storage buildings that have been put into commercial operation, with standardized management, stable operating profit, abundant cash flow and good comprehensive income, including shopping malls, commodity trading markets, office buildings, star-rated hotels, comprehensive commercial facilities, standard workshops, warehouses and other property forms.

Required information:

Credit business application

Basic information of the applicant: business license, code certificate, tax registration certificate, legal representative's ID card, loan card, articles of association and copy of capital verification report; Original power of attorney of the legal representative; Financial information, etc

Relevant agreements and contracts for leasing properties abroad.

The nature of the land is the transfer of operating property loans, which requires property certificates; If the property is leased, it is necessary to provide proof that the relevant departments agree to build the property.

Can the purpose of operating property loans be used to purchase land?

The purpose of operating real estate loans can be used to buy land. According to the relevant information, operating property loans can be used for real estate enterprises to operate properties, but not for development.

What is the purpose of operating a real estate loan?

Purpose of operating property loan: used for real estate enterprises to operate properties.

Mortgage loan for operating property refers to the loan issued by the bank to the legal person of operating property, with the property owned by the bank as the mortgage, and the repayment source includes but is not limited to the operating income of operating property.

Operating property refers to commercial business premises and office premises that have been completed and put into commercial operation, with abundant operating cash flow, good comprehensive income and stable repayment sources, including commercial premises, star-rated hotels, comprehensive commercial facilities (such as shopping malls and shops) and other commercial premises. In principle, the longest period shall not exceed 8 years. (Maximum 15 years)

Extended data:

Conditions for operating real estate loans:

1. Open a basic account or general account in a bank with the loan certificate (card) and have no bad credit record;

2. The credit rating of the Bank is above BB (inclusive), and the asset-liability ratio is not higher than 70% in principle;

3. It is in good operating and financial condition and has the ability to repay the principal and interest;

4. Have all the property rights of the operating property, and hold legal and valid land use right certificates and property ownership certificates; The way to obtain the certificate of land use right is the transfer of state-owned land;

5. The board of directors or decision-making body agrees to use its operating property as loan collateral;

6. Promise in writing that the intermediary business such as fund settlement, receipt and payment generated by property management will be handled in the bank, and accept the supervision of the bank on the income and expenditure of property management.