Business experience of “bridge loan”

Affected by the spread of the epidemic, some users were unable to work normally to obtain income due to diagnosis, isolation and other reasons, which once made the topic of deferred repayment frequently on the hot search. Beijing Business Daily reporter recently found that in this context, some fund brokers have made a comeback again, not only launching the business loan replacement mortgage scheme for individual users, but also targeting small and micro business owners who have established loan relations with banks and started the business of “bridge” financing. In the process of providing “bridge” financing business, a number of fund brokers suggested that business owners re apply for credit loans and business loans for capital turnover, and claimed that stock speculation and house purchase can be operated. Such behavior may not only lead to financial risks in bank credit, but also push business owners into the “vortex” of high debt repayment.

400000 yuan, 30000 interest per week

As we all know, bank loans cannot repay the old with new loans. After the loan expires, business owners need to repay the loan first and then continue to apply for loans. What if they can’t repay the loan halfway? At this time, “bridge loan” appeared in the market.

“I can provide you with various bank loan operations”. Recently, some fund brokers and loan intermediaries have become active again and recommended various loan businesses to users by telephone. After receiving the loan recommendation call, the reporter of Beijing business daily consulted a number of personnel as small and micro enterprise owners. Many personnel said that if the capital turnover is difficult, they can provide “bridge” financing services.

“Bridge crossing” financing is also commonly known as “bridge crossing loan”. For example, the business owner obtains a loan project from the bank and cannot repay it due to lack of funds. At this time, the bridge crossing fund provider enters the site and advances the funds first, waiting for the business owner to re apply for the loan. After the bank funds are in place, the bridge crossing fund provider withdraws, which forms a turnover process.

The reporter of Beijing business daily raised the need for a “bridge loan” to ease the repayment pressure on the grounds of difficult capital turnover. A fund broker issued a set of plans to the reporter. Because most enterprises with “bridge loan” demand are eager to obtain short-term financing, its cost is very high. Assuming that users have borrowed 300000 yuan in the bank and 400000 yuan has not been paid off, but users now need 700000 yuan of capital turnover, When applying for a loan from the bank, the bank will require the user to pay off the previous loan before further application. At this time, the bridge fund provider will first provide 400000 yuan to the user to pay off the amount owed by the bank, and then return the bridge fee to the bridge fund provider after the loan is approved successfully. The remaining money is the capital turnover fee required by the user.

“The advance cost of ‘bridge loan’ is 400000 yuan of principal, and the interest of one week’s loan is 30000 yuan, which is the price of conscience.” The source said. Another person also said, “generally, the market price of operating ‘bridge loan’ is not low. The larger the advance amount is, the higher the interest fee will be charged. The advance amount of 1 million yuan will charge 0.08% interest in a borrowing cycle (generally about 10 days), about 80000 yuan”.

Boost loans into the property market and stock market

In fact, in the formal business of banks, there is also “bridge loan”, which aims to make up for the time gap of financing required by borrowers. A banker told the Beijing Business Daily that the bank will also launch enterprise loan application services for business owners. The bank should first understand the reasons why the business owners cannot repay on time, write an investigation report and report to the audit department. The loan will not be issued until the business owners provide a series of supporting materials such as a blank check for the use of funds and the transition of funds.

“The ‘bridge loan’ is actually a short-term loan, usually with a term of no more than half a year, and can only be used for special purpose, not for house purchase and stock speculation.” Said the banker. However, during the investigation, the reporter of Beijing Business Daily found after consulting that many fund brokers said that the matched credit loans, business loans and other loans can be used for house purchase and stock speculation. However, when the reporter asked how to avoid being investigated, he received a response of “inconvenient disclosure, cooperation with the bank”.

Liang Nan, an analyst at Zhuge Fangfang data research center, further pointed out that the inflow of these funds into the stock market may affect the stability of the stock market. To a certain extent, the greater capital pressure will increase the risk of investors, especially retail investors, entering the market, thus affecting the whole stock market. For the real estate market, “bridge loan” will generate some investment real estate speculation demand into the market, which will push up the house price to a certain extent and raise the purchase threshold of rigid demand and rigid reform groups. At the same time, “bridge loan” will increase the purchase cost, increase the pressure on buyers and increase the risk coefficient. For small, medium-sized and micro enterprises, this operation will affect the financial support of the policy for small, medium-sized and micro enterprises, so that the policy can not be fully implemented to the guarantee object. Small and micro enterprises will face certain operating pressure, especially under some uncontrollable factors, such as the epidemic, the pressure on the survival of enterprises will be greater.

In addition, these fund brokers also provide solutions to business owners who no longer meet the conditions for applying for new loans. “Many enterprises simply do not meet the conditions for applying for new loans. We just let those enterprises that do not meet the requirements to apply for new loans apply for new loans.” A fund broker said, “when it comes to the operation process, we will advance money to pay your outstanding expenses first, and then wait for the bank’s credit investigation to refresh, and then give you matching credit loans, business loans and other loans again. The specific products depend on your needs and bank approval. This can not only alleviate your capital turnover problem, but also make you have more money in your hand. The service fee is generally about 0.05% - 0.1% of the bank’s loan amount.”

Many other fund brokers also mentioned to the reporter of Beijing business daily the proposal of applying for credit loan and business loan turnover separately in the process of “bridge loan” advance operation, and the proposed application amount is more than twice the amount of the owner’s debt, that is, if the owner needs 400000 yuan for turnover at this time, the fund broker will recommend the owner to apply for another loan of about 800000 yuan, It also virtually pushed up the debt pressure of business owners.

Establish a “blacklist” to control the flow of funds

In practice, “bridge loan” can often solve the “burning eyebrow” urgency of some enterprise financing links. However, while providing convenience for financing enterprises, such businesses do have potential risks that can not be underestimated. A little carelessness will lead to financial problems in bank credit links

Business experience of “bridge loan”

Affected by the spread of the epidemic, some users were unable to work normally to obtain income due to diagnosis, isolation and other reasons, which once made the topic of deferred repayment frequently on the hot search. Beijing Business Daily reporter recently found that in this context, some fund brokers have made a comeback again, not only launching the business loan replacement mortgage scheme for individual users, but also targeting small and micro business owners who have established loan relations with banks and started the business of “bridge” financing. In the process of providing “bridge” financing business, a number of fund brokers suggested that business owners re apply for credit loans and business loans for capital turnover, and claimed that stock speculation and house purchase can be operated. Such behavior may not only lead to financial risks in bank credit, but also push business owners into the “vortex” of high debt repayment.

400000 yuan, 30000 interest per week

As we all know, bank loans cannot repay the old with new loans. After the loan expires, business owners need to repay the loan first and then continue to apply for loans. What if they can’t repay the loan halfway? At this time, “bridge loan” appeared in the market.

“I can provide you with various bank loan operations”. Recently, some fund brokers and loan intermediaries have become active again and recommended various loan businesses to users by telephone. After receiving the loan recommendation call, the reporter of Beijing business daily consulted a number of personnel as small and micro enterprise owners. Many personnel said that if the capital turnover is difficult, they can provide “bridge” financing services.

“Bridge crossing” financing is also commonly known as “bridge crossing loan”. For example, the business owner obtains a loan project from the bank and cannot repay it due to lack of funds. At this time, the bridge crossing fund provider enters the site and advances the funds first, waiting for the business owner to re apply for the loan. After the bank funds are in place, the bridge crossing fund provider withdraws, which forms a turnover process.

The reporter of Beijing business daily raised the need for a “bridge loan” to ease the repayment pressure on the grounds of difficult capital turnover. A fund broker issued a set of plans to the reporter. Because most enterprises with “bridge loan” demand are eager to obtain short-term financing, its cost is very high. Assuming that users have borrowed 300000 yuan in the bank and 400000 yuan has not been paid off, but users now need 700000 yuan of capital turnover, When applying for a loan from the bank, the bank will require the user to pay off the previous loan before further application. At this time, the bridge fund provider will first provide 400000 yuan to the user to pay off the amount owed by the bank, and then return the bridge fee to the bridge fund provider after the loan is approved successfully. The remaining money is the capital turnover fee required by the user.

“The advance cost of ‘bridge loan’ is 400000 yuan of principal, and the interest of one week’s loan is 30000 yuan, which is the price of conscience.” The source said. Another person also said, “generally, the market price of operating ‘bridge loan’ is not low. The larger the advance amount is, the higher the interest fee will be charged. The advance amount of 1 million yuan will charge 0.08% interest in a borrowing cycle (generally about 10 days), about 80000 yuan”.

Boost loans into the property market and stock market

In fact, in the formal business of banks, there is also “bridge loan”, which aims to make up for the time gap of financing required by borrowers. A banker told the Beijing Business Daily that the bank will also launch enterprise loan application services for business owners. The bank should first understand the reasons why the business owners cannot repay on time, write an investigation report and report to the audit department. The loan will not be issued until the business owners provide a series of supporting materials such as a blank check for the use of funds and the transition of funds.

“The ‘bridge loan’ is actually a short-term loan, usually with a term of no more than half a year, and can only be used for special purpose, not for house purchase and stock speculation.” Said the banker. However, during the investigation, the reporter of Beijing Business Daily found after consulting that many fund brokers said that the matched credit loans, business loans and other loans can be used for house purchase and stock speculation. However, when the reporter asked how to avoid being investigated, he received a response of “inconvenient disclosure, cooperation with the bank”.

Liang Nan, an analyst at Zhuge Fangfang data research center, further pointed out that the inflow of these funds into the stock market may affect the stability of the stock market. To a certain extent, the greater capital pressure will increase the risk of investors, especially retail investors, entering the market, thus affecting the whole stock market. For the real estate market, “bridge loan” will generate some investment real estate speculation demand into the market, which will push up the house price to a certain extent and raise the purchase threshold of rigid demand and rigid reform groups. At the same time, “bridge loan” will increase the purchase cost, increase the pressure on buyers and increase the risk coefficient. For small, medium-sized and micro enterprises, this operation will affect the financial support of the policy for small, medium-sized and micro enterprises, so that the policy can not be fully implemented to the guarantee object. Small and micro enterprises will face certain operating pressure, especially under some uncontrollable factors, such as the epidemic, the pressure on the survival of enterprises will be greater.

In addition, these fund brokers also provide solutions to business owners who no longer meet the conditions for applying for new loans. “Many enterprises simply do not meet the conditions for applying for new loans. We just let those enterprises that do not meet the requirements to apply for new loans apply for new loans.” A fund broker said, “when it comes to the operation process, we will advance money to pay your outstanding expenses first, and then wait for the bank’s credit investigation to refresh, and then give you matching credit loans, business loans and other loans again. The specific products depend on your needs and bank approval. This can not only alleviate your capital turnover problem, but also make you have more money in your hand. The service fee is generally about 0.05% - 0.1% of the bank’s loan amount.”

Many other fund brokers also mentioned to the reporter of Beijing business daily the proposal of applying for credit loan and business loan turnover separately in the process of “bridge loan” advance operation, and the proposed application amount is more than twice the amount of the owner’s debt, that is, if the owner needs 400000 yuan for turnover at this time, the fund broker will recommend the owner to apply for another loan of about 800000 yuan, It also virtually pushed up the debt pressure of business owners.

Establish a “blacklist” to control the flow of funds

In practice, “bridge loan” can often solve the “burning eyebrow” urgency of some enterprise financing links. However, while providing convenience for financing enterprises, such businesses do have potential risks that can not be underestimated. A little carelessness will lead to financial problems in bank credit links