Financing, also called finance, is the accommodation of monetary funds. The parties may raise or lend funds for financing in various ways in the financial market. The following financing channels can be used for financing:
1. Bank: When you need financing, you should first think of the bank. Bank loan is called the "reservoir" of risk financing. Because banks have strong financial resources and most of them have government background, they have a "mass base".
2. Financing platform: As it is difficult to obtain financing from banks, the third-party financing platform is a good choice for financiers. For example, the investment and financing community, the largest third-party financing platform in China, provides more professional investment and financing information services.
3. Credit card: With the innovation of commercial banks, the settlement method of credit card is becoming increasingly electronic. Credit cards are not only fashionable, but also feasible for people engaged in business to obtain certain funds through credit cards when they are in urgent need of turnover.
4. Policy Pledge: Does the policy pledge insurance company "lend" funds to the insurer? Many people may be surprised, but this kind of business does appear. If the applicant is in financial difficulties or in urgent need of capital turnover, he can pledge his policy to the insurance company and obtain loans from the insurance company in accordance with relevant regulations and proportions.
Pawnshop: Pawnshop may be the most vital industry since ancient times. Obtaining funds through pawn shops is gradually becoming familiar to the people. Gold, jewelry, home appliances, real estate, motor vehicles, etc. Can be pawned, securities can be pledged.
6. Entrusted loan: Entrusted loan is also a way to solve personal capital needs. To put it simply, the fund provider lends money to the demander through a commercial bank, and the borrower returns the principal and interest to the account opened by the other party in the bank on time, and the interest rate rises by 30% on the basis of the loan interest rate of the People's Bank of China for the same period, which is determined by both parties through consultation.