Business: inverted loan

A loan, butLoan definition:

Is refers to the enterprise A will expire in bank B the original loan, enterprise A B at the bank or bank C will get new loans, but the enterprise A due to a temporary lack of funds do not have the ability to repay the original loan bank B, then find the Guarantee Corporation D negotiation, by Guarantee Corporation D to entrust loan or short-term borrowing way to release the funds to enterprises A A, the enterprise can repay bank B the original loan; enterprises such as A B or C to obtain bank Bank of new loans, new loans of Guarantee Corporation D entrusted loans loans or short-term, Guarantee Corporation D exit. The entrusted loans or short-term borrowing for enterprise A, is down loan.

Two, to the general flow of credit loans:

1,    Company put down mortgage loan applications, the Guarantee corporation through the audit, to determine the loan mode

(entrusted loans loans or short-term).

2,    Guarantee Corporation signed a loan contract with the enterprise, bank (loan contract) and assets

Mortgage (pledge) contract, account supervision agreement;

3,    Guarantee corporation loan to enterprise;

4,    Enterprise to repay the loan.

5,    The bank issued second loans to enterprises;

6,    Enterprise with second bank loan repayment Guarantee Corporation entrusted loans loans or short-term;

7,    Guarantee Corporation mortgage (pledge) return of enterprise assets, thawing regulation account.

Three, the supervision and control of funds means

   In the loan to loan funds transfer process, the fund can use strictly in accordance with the agreed purpose, is related to the rights and interests of the key problems of Guarantee corporation. In order to ensure that funds are not diverted, ensure the legitimate rights and interests of the Guarantee Corporation, to take measures to ensure the safety of funds.

1 Guarantee Corporation for the effective control of risks, signed the agreement with the applicant enterprise supervision, the contents of the agreement mainly involves the loan funds supervision, supervision after guarantee terms.

2 for the use of control of loan funds, account supervision agreement signed the Guarantee Corporation and banks, enterprises, and increase large, small Indian financial Guarantee Corporation in the account supervision enterprises, will be the regulatory accounts for enterprise as the loan bank loan account. Loans into the regulatory accounts, for enterprises to use the funds, must be in accordance with the prior agreement of the planned use of funds and use of funds, each funds transfer, must plan audit by Guarantee Corporation for approval to loan funds.

3, the enterprise to issue cheques to pledge to the Guarantee Corporation, check date column and looked blank, but loan amount column fill the enterprise to repay the Guarantee corporation.