Enterprise working capital

① If enterprises use working capital loans, their financial costs can be effectively reduced, because the interest of enterprise loans can be deducted before tax, thus reducing the tax base.

(2) When applying for a working capital loan, the money will not become the personal debt of the business owner, and you can apply smoothly.

(3) Flexible use of loans and deposits within the prescribed time and time limit for applying for working capital loans.

Introduction of working capital loan:

① Liquidity in a broad sense refers to all current assets of an enterprise, including cash, inventory (materials, products in process and finished products), prepayments and other items.

(2) The above items are necessary for business operation, so the flow is called working capital.

③ Liquidity in a narrow sense = current assets-current liabilities. The so-called net liquidity.

According to this definition, the source of funds for current assets should be another long-term source besides current liabilities.

⑤ The amount of net liquidity represents the liquidity of the enterprise. The more net liquidity, the more net liquidity assets, the higher its credit status, which is lower in the capital market.

2. Are there any restrictions on the use of working capital loans?

1. The use of working capital loans has always been subject to bank review, but this year the requirements are particularly strict. According to the requirements of three methods and one guideline, the payment of working capital loans is divided into two types: entrusted payment and independent payment, with entrusted payment as the main one. Entrusted payment refers to the direct payment to the buyer who signed the enterprise contract within two working days after the withdrawal of the working capital loan.

2. Working capital loans are issued because of the difficulties of enterprises, but banks need to supervise their use and avoid misappropriation. In the past, the misappropriation of floating loans was serious, and there were too many cases of long-term use of short-term loans in the stock market and property market. Therefore, the administrative binding document issued by the central bank requires banks to manage loan funds.

Three, working capital loans shall not be used for what purpose?

Loans granted to meet the short-term capital needs of producers and operators in the process of production and operation and to ensure the normal operation of production and operation activities. From its nature, it is not difficult to find that the main purpose of working capital loans is for short-term production and operation. The so-called production and operation refers to the temporary transfer of funds to meet the needs of individual industrial and commercial households, farmers and small and micro enterprise owners, including the purchase of raw materials, the purchase of prepaid funds, and the purchase of goods related to production activities. , excluding investment in new projects, payment of wages, payment of interest, purchase of wealth management and other purposes, so strictly speaking, the use of working capital loans is still relatively strict and narrow. So what is short-term? From the term of working capital loans, it can be divided into short-term working capital loans within one year and medium-term working capital loans with a term of one to three years. Long-term loans with a term of more than three years are generally classified as fixed assets loans. Because the repayment period is relatively long, it is not included in the scope of working capital loans. When applying for working capital loan, the enterprise needs to provide business license, certificate of legal representative, official seal, running account of the enterprise, etc. If you meet the requirements of bank tax credit loans, you can also apply directly online, which is very convenient. In a word, the loan scope of working capital loan is actually relatively narrow, which is only used for production and operation, and the loan funds cannot be used for investment and other fields. If the use is not standardized, the bank has the right to recover the loan. Generally speaking, the purpose of working capital loan is the daily production and operation turnover of the borrower. Can not be used for fixed assets, equity and other investments. , nor can it be used in areas and uses prohibited by the state. If it is not used according to the agreed purpose, it will be liable for breach of contract, and serious banks will recover the loan. The borrower can't misappropriate the working capital loan at will, and the bank has the responsibility to supervise the borrower to use the loan funds according to the agreed purpose. If the bank fails to fulfill its responsibilities, the CBRC will punish the bank according to the Banking Supervision Law of the People's Republic of China. Legal Basis Article 6 of the Interim Measures for the Administration of Working Capital Loans The lender shall reasonably measure the borrower's working capital demand, carefully determine the total amount of working capital credit granted by the borrower and the specific loan amount, and shall not grant working capital loans that exceed the borrower's actual needs. The lender shall, according to the scale and cycle characteristics of the borrower's production and operation, reasonably set the business variety and term of the working capital loan, so as to meet the capital demand of the borrower's production and operation, and realize effective control over the withdrawal of loan funds. Article 7 The lender shall bring the working capital loan into the unified credit management of the borrower and its group customers, and establish a risk limit management system according to the dimensions of region, industry and loan variety.

4. Xiao Bai wants to ask: Should banks also review working capital loans and the use of borrowers' funds? ...

Of course, it needs to be audited, because the working capital loan is a short-term loan within one year. It usually takes about three months for an enterprise to buy raw materials and then recover the payment, and then the enterprise can repay the loan. If an enterprise buys fixed assets, the value of the fixed assets usually takes several years to earn back, so it is reasonable for the enterprise to repay the loan. This is how banks reduce the risk of loans.

There is also the prevention of enterprises from borrowing money for stock trading and the like, because investment is risky and it is safer to buy raw materials for production and sales.