Commercial housing development loans

[product]

Commercial housing development loans to the borrower for the hotel(Hotel), office buildings, shopping malls and other commercial facilities project construction loans.

For non residential investment accounted for a total investment of more than50%(Containing)Comprehensive real estate project, management of the loan as a commercial housing development loans.

[] the basic conditions

(A)Approved by the administrative department for Industry and commerce, enterprise legal person registration, with the real estate development and management qualifications.

(Two)The borrower is a comprehensive real estate development enterprises, in addition to the provisions of the preceding paragraph, the quality of real estate development should be two(Containing)Above, the paid in capital of not less than10000Million yuan(Containing)Or the rights and interests of the owners of not less than20000Million yuan(Containing).

(Three)The borrower for the item company, in addition to comply with the above article(A)Paragraph, the paid up capital or equity shall be not less than5000Million yuan(Containing)The holding company, the paid in capital or the rights and interests of the owners should comply with the above article(Two)Paragraph, and agreed to raise funds to provide timely project construction project completed on schedule, the project cost budget of guarantee.

(Four)The borrower's credit rating atAA- (Containing)Above.

[loan]

(A)Department of Hotel(Hotel), office buildings, shopping malls and other commercial facilities project.

(Two)Located in the bustling commercial area or central business district, the geographical position is superior, the traffic is convenient, reasonable planning and design, complete supporting facilities.

(Three)The project has a project legally, "the use of state-owned land", "construction land planning permit", "construction planning permit", "construction permit".

(Four)The investment project of its own funds of not less than the total investment of the project50%(Containing)And before the loan funds.

(Five)Project risk ratingAA (Containing)Above.

(Six)After evaluation, the project is expected to market prospect is good, the hotel(Hotel)The project has been implemented management of famous brand hotel management company.

(Seven)After the assessment, the project is expected to net cash flows abundant, stable, reliable source of repayment of loans.

[Methods] loans

Loans to guarantee loans, bonds, certificates of deposit and the principle should take collateral or the borrower has the right of making payment credit guarantee, guarantee ability is insufficient part can take the way of security guarantees, to ensure that the loan guarantee legal, adequate, effective; prohibit the issuance of credit loans.

(A)Take collateral way, value the amount of loans and collateral actual cost or valuation(The two takes lower values)The proportion of not more than50%(Containing).

(Two)Take the bonds, certificates of deposit, deposit credit pawns the guarantee way, the amount of loans and securities value shall not exceed90%(Containing).

(Three)By way of security guarantees, guarantee of credit rating should beAA (Containing)The above, and the economic strength of strong enterprises, financial stability, guarantee adequate capacity.

[provisions] loans

1The amount of the loan

The amount of the loan shall not exceed the total investment of the project50%(Containing).

2, the term of the loan

The term of the loan. Rental, self-supporting project the longest period of the loan shall not exceed15Years(Containing)The sale, transfer, project the longest period of the loan shall not exceed8Years(Containing).

3, loan interest rates

The loan interest rate in accordance with the relevant provisions of the people's Bank of Chinese and total execution.

4, repayment

Method of repayment. Rental, proprietary projects, loans taken from the completion of the project annual, quarterly or half matching(Or according to the agreed proportion)The return of principal repayment; sell, transfer projects, loans taken by project sales progress amortizing principal repayment, the completion of the project sales60% should recover the loan principal and interest of all.