|
|
 |
|
|
|
|
|
|
Corporate Information
|
|
|
|
|
Corporate Internet Banking
|
|
|
|
|
|
 |
|
|
|
|
|
Working Capital Loan
| | |  | |
Working capital loan in RMB or foreign currency is the kind of loan SPDB provides for your company to solve your temporary liquidity problem during the process of your daily production and business operation.
| |  Subject and Conditions of the Loan | | |
- Your company is legally registered under approval of the Industrial and Commercial Administration. You company has acquired a business license for enterprise legal entity and permission for production and business operation;
- Your company is an independent accounting unit and has complete financial system;
- Your company possesses sufficient capital in compliance with related regulation;
- Your company has good business performance as well as reasonable and legal usage for the loan. It is expected that the loan will generate economy effect and your company has the capability of debt repayment.
- At the time you are making loan application, your company could offer qualified guarantor or collateral for the loan. The guarantor of the loan should meet the legal requirements for guarantee business and has the financial strength to repay the loan. In addition the guarantor is willing to take the responsibility of joint-liability guarantee. The collateral should meet the requirement of our bank and need to be registered and notarized.
- Should your company have excellent creditworthiness and strong financial strength and fully satisfy the requirement of credit loan, our bank could consider waiving your obligation of offering guarantee and provide your company the loan on your credit after verification and approval.
- Your company should maintain settlement account with our bank and report your financial statements to us according to related regulations. Meanwhile your company should accept our bank's supervision on the loan and your settlement account.
Currency, Tenor and Interest Rate of the Loan | | |
- The currency of working capital loan includes RMB and free convertible currencies of other countries and areas;
- There are two categories of the loan: short-term loan and medium-term loan. The tenor for short-term working capital loan is usually three to six months and less than one year. The tenor for medium-term loan is from one year to three years.
- The interest rate of the loan should be floated in accordance with the interest rate policy and within the range stipulated by the People's Bank of China. It is determined by the nature, currency, purpose, way, tenor, risk and other factors of the loan. The interest rate of foreign currency loan can be floated or fixed.
Application Procedure | | |
Business offices of different levels of our bank could receive your application for working capital loan. If it is the first time for your company to apply for a loan at our bank, please provide the following documentation: - The basic introduction of the borrower;
- A written application for the loan;
- Business license of enterprise legal entity after annual inspection and personal identification of the legal representative or the authorization by the legal representative and the personal identification of the authorized person;
- Articles of association;
- The audited balance sheet, profit and loss account of the previous year and the latest one;
- The sales contract, approval from related authority and the custom declaration form related with the loan;
- The basic introduction of the guarantor;
- The articles of association of the guarantor (in case the guarantor is an joint venture or sino-foreign cooperative company, the contract for establishing joint venture or cooperation is also required);
- The authorization to guarantee by the guarantor
- List of the collateral and written consent to pledge the collateral from the one who has the right to dispose the collateral
| | | | | | | |
|
|
|
