In the basic process of corporate lending, contracts are signed with an emphasis on the principle of contractual commitment. Corporate loans are a form of borrowing by enterprises from banks or other financial institutions at specified interest rates and durations for the purposes of production. At the same time, the bank and the borrower shall jointly enter into a written loan contract as a legal document that defines the rights and obligations of the borrower and the borrower。

Processes for corporate loans:

1. Preparation of information

The information that enterprises need to prepare for their loans is divided into key and supporting materials, including business licences, operating licences, organizational code agency certificates, tax registration certificates, loan applications, etc. Supporting materials are required to provide the financial annual statements of the applicant enterprise for almost three years, the assets of the enterprise and the tax statements and bank flow of the enterprise for almost six months. In the case of a mortgage on an enterprise's assets, a certificate of title to the collateral and a certificate of valuation of the asset are equally required。

Submission of materials and applications

Enterprise loans are subject to application to the enterprise loan window, pending approval。

Bank approval

For business loans, bank reviews are more rigorous and have a standard approval process. The review will be based not only on the information provided, but also on an assessment of the quality, economic strength, credibility and development prospects and profitability of enterprises. Finally, a credit rating is given, according to which the loan line and duration is approved。

4. Contracting for loans

If the application is approved, the bank promptly informs the enterprise of the contract, and the operator needs the enterprise to provide a certificate of authority. The terms of the enterprise's borrowing contract are essentially the same as those of the individual loan contract, mainly with respect to the purpose of the borrowing, the type of borrowing, the amount of borrowing, the interest rate, the duration and the manner of repayment. In addition, the rights, obligations of the borrowing parties, liability for breach of contract and other matters deemed necessary by the parties are noted. When the contract is signed, the bank transfers the loan to the account specified in the contract。