Enterprise application for a temporary bridge loan
interim loans refer to loans in order to address the funding needs for the time being the service. For enterprises, production and management process, tension inevitably encountered procurement, sales difficulties and other problems. At this point, you may need to apply for a temporary bridge loan. So, how does the enterprise application for a temporary bridge loan?
first, apply in writing to the lending institution. At present, apart from most of the micro-credit companies to accept the interim bridge loan, some banks offer this service. However, if the company originally applied for a bank loan, now insolvent, you can transition to a small loan company to apply for a temporary loan.
Second, provide relevant proof. For the companies had applied for a bank loan, small loan companies when you apply for a temporary bridge loan, you need to provide original bank loan agreement and credit rating report. Enterprises also provide confirmation of corporate finance, loan commitments, and so on.
Finally, the wait for the lending institution lending. If firms are to small loan companies to apply for a temporary bridge loan, small loan companies after receiving the material will progressively review application materials and qualifications of the applicant. Contact the Bank approved loans. Note that temporary bridging loan term is often shorter, mainly to meet the short-term needs of applicants.