How To Get A Business Loan?

"There are many people who ask, but there are few people who really meet the requirements."

In the financial institutions exhibition area, staff told reporters that although more than 30 people today reached the requirements for loans, this is actually too few compared with thousands of consultants who are eager to get loans.

The staff reminded entrepreneurs that they should improve their credit in the banking industry through multiple channels.

"Today most people come to consult credit cards."

A clerk gave reporters a credit card instruction manual of financial institutions. This is actually a misunderstanding. Credit card used to consume is "consumption interest free installment loan" instead of using overdraft funds to invest. "We should read this book if we want to invest."

He also took a manual on financial services for small and medium-sized enterprises in China's financial institutions.

This staff member said that he had gained a lot from the "ZHONG CHUANG Hui".

"We loan not only for investors, but also for exhibitors, many exhibitors also consult loan matters."

He said, in fact, exhibitors also need money very much. They came to participate in the "China Innovation Club" to attract franchisees.

Entrepreneurs, financial institutions staff believe that, in addition to their assets can not be secured, there are four major loan bottlenecks: first, they usually have too little credit accumulation to individuals, and too little relationship with banks so that banks can not determine their creditworthiness; secondly, deposits are too scattered, and all banks have deposits, but not many. If they concentrate on a bank, they may become the key customers of banks, and credit will naturally increase; thirdly, they usually do not lend money, and they like to borrow money from relatives and friends and other non financial channels to finance. Banks naturally can not determine their credit level, which will lead to a vicious circle. Fourth, credit cards are too large, often resulting in low credit due to less money. It is difficult for them to obtain loans.