Jurong Jin Fu was founded on 20 13, with the full name of Wuhan Jurong Wealth Financial Services Co., Ltd., with the registered capital of 100000 yuan and the registered address of 80 1 room, 9th floor, Block A, Central Building, No.31,Jiang 'an District, Wuhan. It is mainly a service-oriented enterprise that provides intermediary and guarantee services for major financial institutions, serving more than 600 customers and lending more than 600 million yuan.
The term "loan company" is limited in China, and it is different from domestic commercial banks, finance companies, auto finance companies and trust companies in terms of definition and business scope. On August 1 1, 2009, the CBRC issued the Notice on the Management Provisions of Loan Companies (No.76 of 2009), which standardized the behavior of loan companies in China.
A loan company refers to a banking non-deposit financial institution established in rural areas by domestic commercial banks or rural cooperative banks with the approval of China Banking Regulatory Commission according to relevant laws and regulations, which provides loan services for county farmers, agriculture and rural economic development.
The loan company is a limited liability company fully funded by domestic commercial banks or rural cooperative banks.
Enterprise loans can be divided into: working capital loans, fixed assets loans, credit loans, secured loans, stock pledge loans, foreign exchange pledge loans, enterprise term pledge loans, gold pledge loans, syndicated loans, bank acceptance bills, bank acceptance bills discounting, commercial acceptance bills discounting, interest-bearing bills discounted by buyers or agreements, domestic recourse factoring, and export tax rebate account custody loans.
Its advantages are as follows:
1. Due to the high marketing cost of bank micro-loans, it is difficult for small enterprises to apply for loans directly from banks, resulting in small enterprises having to seek help from financing institutions such as loan guarantee institutions when they have financing needs. The cost for loan guarantee institutions to select customers is relatively low, so selecting high-quality projects from them and recommending them to cooperative banks will improve the success rate of financing and reduce the marketing cost of bank microfinance.
2. In terms of risk control of loans, banks are reluctant to invest in small loans. One of the important reasons is that the management cost of such loans is high and the benefits are not obvious. For this kind of loan, the loan guarantee institution can optimize the management process, form personalized service of post-loan management, share the management cost of the bank and eliminate the worries of the bank.
3. After the risk is released, the advantages of loan guarantee institutions are irreplaceable. The project of bank direct loan is risky, and the disposal of collateral often takes a long time, with high litigation cost and poor liquidity. The cash compensation of guarantee institutions has greatly solved the problems that banks are difficult to deal with. Some loan guarantee institutions can compensate after loans overdue 1 month (or even three days of investment guarantee), and the bank's non-performing loans will be eliminated in time, and then the loan guarantee institutions will resolve the risks through their more flexible handling methods compared with banks.
4. The timeliness of the loan company is fast. The bank's inherent loan model and process are easy to cause a lot of time waste for SME owners, and the efficiency is difficult to guarantee; The guarantee company just embodies the flexible and changeable mode of designing special financing schemes for different enterprises.
Furthermore, the credit given by the loan company on the basis of mortgage greatly exceeds the value of the mortgaged assets.
Provide more demand funds for SMEs. Many investment guarantee companies have gained the full trust of banks in the standardized and efficient operation of post-loan management and loan risk resolution. Some cooperative banks outsource post-loan collection and loan asset disposal to guarantee companies, and the cooperation effect between the two parties is good.