Interest rate on business fixed asset loans

Factory Fixed Asset Loan Interest Rate

Factory Fixed Asset Loan Interest Rate is 1.5 percent per annum for less than one year at 10.08 percent per annum, for more than one year up to three years at 10.80 percent per annum, for more than three years up to five years at 11.52 percent per annum, and for more than five years at 11.88 percent per annum (see Annex Table I). The interest rate for technological transformation loans is 10.08% per annum, regardless of the length of the period. Second, capital construction loans, all annual interest, interest with the principal, no compound interest. Technical transformation loans, all quarterly interest settlement, the end of each quarter on the 20th for the quarterly interest settlement date. Third, the State Planning Commission Planning Capital [1989] No. 383 "on the adjustment of some sectors of the capital construction bank loan differential interest rates on the relevant provisions of the" identified in the energy, transportation, communications, raw materials industry, such as thirteen industries and agriculture, salt industry, capital construction bank loan projects, the interest rate are adjusted on the basis of interest rates downward fluctuation of 10%, 20%, 30%. The scope of interest rate downward fluctuation is still in accordance with the provisions of the above documents. For loans with differential interest rates, interest is charged on an annual basis, and the interest follows the principal without compounding. The interest has been booked, no more compound interest. Fourth, the People's Bank of special loans in the fixed assets loans (including technological transformation loans and capital construction loans), the interest rate of 10.08% per annum; and quarterly interest, interest with the principal, no compound interest. The interest has been recorded, no more compound interest. Fifth, the original implementation of the interest rate of fixed assets loans, including professional banks and the People's Bank of fixed assets loans issued by the interest rate in the adjustment of the interest rate on the basis of the original downward fluctuation; the implementation of preferential interest rates for the implementation of preferential interest rates for the loan program, according to the original preferential interest rates (see Schedule II for the main items). The above loans shall bear interest on an annual basis, and the interest shall follow the principal without compounding. Sixth, buildings, halls, pavilions, loans and national restrictions on the development of industries, projects, technological transformation loans, its interest rate will not be adjusted, and is still implemented in accordance with the original interest rate. The interest rate of the capital construction loans shall be settled annually, and the interest rate of the technological transformation loans shall be settled quarterly. Buildings, halls, pavilions, the scope of loans, by the People's Bank of prefecture, municipal branches together with the local professional banks, in accordance with the "Interim Regulations on the Management of the Construction of Buildings, Halls and Pavilions" (issued by the State Council in 1988), and in conjunction with the actual situation in the region to determine the negotiation. The scope of technical transformation loans for industries and projects whose development is restricted by the State shall also be determined by the People's Bank of China's branches at or above the prefectural or municipal level in consultation with local specialized banks and in the light of the actual situation in the region. VII. The interest rates of equipment loans for township and village enterprises and loans for small hydropower and thermal power equipment in rural areas can be controlled by specialized banks: if the interest rate is settled quarterly, the interest rate will be executed according to the interest rate of technical transformation loans; if the interest rate is calculated annually and the interest follows the principal, the interest rate will be executed according to the interest rate of the capital construction loans without compound interest. The interest rate of fixed asset loans issued by rural credit unions can be increased by up to 50%. Within the range of 30%, the credit union shall decide on its own; if the rate exceeds 30%, it must be reported to the People's Bank of China for approval above the county (including the county). Nine, where compared to the implementation of the fixed asset loan interest rate of the loan program, are implemented in accordance with the provisions of this "Notice". X. The interest rate for fixed asset loans is not allowed to float upwards (except for rural credit unions). XI. For loans for technological transformation, the term management shall be strengthened. Borrowers and lenders should agree on the loan period according to the actual situation. If the lending party cannot return the loan according to the agreed period, it should apply for extension to the bank before the loan expires, and upon approval, the loan will not be subject to interest rate increase. For overdue loans that have not been rolled over, the bank will add interest to the loan from the maturity date in accordance with the regulations. Twelve, this "Notice" from March 21, 1990 onwards.

Is it possible that the interest rate to be implemented for fixed asset loans is one year LPR does this say yes

Hello, your question is about whether the interest rate to be implemented for fixed asset loans is one year LPR, right?

The answer is yes, the interest rate on fixed asset loans can be executed on a one-year LPR.LPR (LoanPrimeRate) refers to the benchmark of lending interest rate in the banking industry. Generally, the one-year LPR is the rate at which banks lend money over a one-year period. Therefore, the interest rate for fixed asset loans can be implemented as one-year LPR.

In addition, the interest rate for one-year LPR changes according to the market situation, therefore, when applying for a fixed asset loan, it is recommended that you check the current interest rate for one-year LPR in order to better grasp the interest rate of the loan.

Which interest rate is higher, streaming loan or fixed loan

Streaming loan has a high interest rate.

Stream loans and fixed loans, i.e. working capital loans and fixed asset loans. Stream loan is to meet the needs of production and operation funds of production operators, to ensure that the production and operation of normal activities issued by the loan; fixed loan is the fixed asset investment in the enterprise issued by the loan. Between the two different uses, different loan period, loan returns are also different.

1, the use of different

Fixed asset loans are generally used for infrastructure, service facilities and new or expanded production projects to provide credit support for the capital construction of fixed asset loans; for the expansion of reproduction of enterprises on line to provide credit support for technological transformation projects on the technical transformation of fixed asset loans; for new technologies, new products, research and development projects, such as credit support for the scientific research and development of fixed asset loans; for new technologies, new products, research and development projects, such as the credit support for the development of fixed asset loans. Research and development fixed asset loans; credit support for the acquisition of production, warehousing, office and other buildings or facilities to provide credit support for the acquisition of basic assets fixed asset loans.

Liquidity loans are generally used for purchasing, consuming, and storing various types of finished products, semi-finished products, and raw materials required for production and operation, or for purchasing and storing various types of seasonal materials required for production and operation due to seasonal reasons.

2, the loan period is different

Fixed asset loans are generally 1-5 years of medium-term loans or more than 5 years of long-term loans.

Liquidity loans are generally divided into two categories: short-term liquidity loans of one year and less and medium-term liquidity loans of one to three years.

3, loan returns are different

Fixed-asset loans investment returns are generally long-term, stable returns.

The return on working capital loans is generally short-term and medium-term returns.

What is the interest rate of Bank of China's fixed asset loans?

Bank of China's interest rate standards for fixed asset loans are in accordance with the People's Bank of China's policy on lending interest rates, the Bank's lending interest rate management regulations, and the agreements in the loan contract. The rate standards are executed in accordance with the Price List of Bank of China Services and Services (available on the official website of Bank of China ()).

The above is for your reference, please refer to the actual business regulations.

That's all for the introduction of the interest rate for enterprise fixed asset loans.