Can I borrow money from the warehousing contract?

Warehousing contracts can be lent. After the warehouse receipt is approved, on the basis of complete agreements and procedures, the bank will issue loans to the owner according to the agreed proportion of the value of the goods; During the period of goods pledge, the warehousing company shall supervise the goods according to the relevant provisions of the warehousing agreement, and the right to use the goods belongs to the bank. The warehouse only accepts the instructions from the bank and delivers the goods according to the instructions.

Financial risk of warehousing contract

There is no problem with warehouse receipt financing itself, but after warehouse receipt financing becomes a financing platform, it carries out financial management, enters the stock market and the housing market, and becomes a shadow banking business. After the risk transfer crosses the border, there will be hidden dangers of systemic risks. In order to prevent such risks, we should strengthen the inspection of financial institutions that accept warehouse receipt financing, focus on the authenticity of financing warehouse receipts, sort out the control from within the banking system, improve the division of labor and responsibilities of departments, set up examination and approval reasonably, and prevent multiple pledges for one thing and multiple qualities for one order.