Developers Lake Emergency high interest loan million Villa loans only 3 million

With the implementation of the New deal, real estate developers financing channels are gradually narrowing.　　Drawing Chen Hang accustomed to take a bank loan "borrow chicken eggs" developers, will also encounter "eggs for chicken" time. This year, on one side, mortgage lending has been tightening, while banks have tightened lending.　　Facing the "broken blood" test developers, had to display the "Lake Emergency" financial skills, to get through the lifeblood of the capital chain. This reporter Chu Yu Changsha reported recently, a high-end real estate developers in Changsha reluctantly will be a market value of nearly 10 million yuan for sale villas, through the private loan guarantee way to high interest in exchange for a short-term loan of 3 million yuan.　　"New country 10" regulation of the head, the private lending market has again become a real estate developers financing "breakthrough" path. Under construction mortgage can find bank loans "at the beginning of the year we applied for 40 million yuan in the development of loans, approval has been passed, but not in place." "For this round of real estate credit crunch, Changsha Hexi a high-end property developers in charge of the most direct feeling." "In the case of a good sale in the first phase of the project, the project's two-phase loan fund suddenly strained, resulting in a delay in the development process."　　To this end, the company had to find a guarantee company, through the private loan guarantee way to apply for a 6-month period of 3 million yuan loan guarantee "emergency". Today, real estate developers cannot expect banks to offer preferential rates. "Most development lending rates will float 20%, the highest of which is 30%." According to the Ministry of Credit Management of the province, said yesterday, under the new "10" provisions of the existence of land idle and speculation on the behavior of the housing enterprises, commercial banks may not issue new project loans. "At present, our development loans accounted for only about 10%, the overall will be small control, but not deliberately tightening."　　"The personage pointed out, because the bank is widespread to the villa and so on big type to take the limit loan and even to ban the loan policy, this causes some developers to have to" the Sword Walks Slant "the high interest to borrow. At present, Changsha's banks have generally begun to implement the "Under construction project mortgage can apply for development loans" policy.　　For developers, this means that the time to acquire a development loan has been delayed for nearly half a year than before. The interest rate of 15% per cent per annum for 3 million of private idle capital is currently between 5.94% and 7.12% for developers to obtain loans from banks.　　As the banking industry generally tightens development loans and a handful of banks even suspend development loans, many real estate companies have had to choose to raise money from private sources, with annual interest rates generally above 20%. "The first stage villas are superior, the market value is high, the ability to become strong, loans to developers basically no risk."　　"For the 3 million Yuan private loan guarantee loan of Hunan three sheep SME Financing Guarantee Co., Ltd. in charge of the owner of the company, the developer will not be sold out of the value of nearly 10 million of the villa as a loan collateral, and by the developer of major shareholders to provide personal joint and several liability guarantee. And there is a Mr. Zhou is willing to his own 3 million yuan idle funds, to 15% of the annual rate of return on loans. So, the guarantee company will this 10 million Yuan value villa handles the mortgage to logTo Mr. Zhou's personal name, and the guarantee company also provides joint and several liability guarantee for the loan.　　When the developer can not repay the time, the guarantee company will unconditionally three days to compensate the principal and interest. The developer's loan financing cost, which is close to 20% per cent of the annual interest rate, adds up to the successful completion of the two-year project, despite the cost of a guarantee fee.　　At present, the two phase of the real estate has been opened, a deal over billion. "Private lending guarantees are mainly for microfinance, and we require the borrower's collateral to be immovable and much higher than the amount of money borrowed," he said.　　"The guarantee company said the mortgage-backed approach has become an" emergency way "for some developers to raise money.　　[Industry view] "Loan guarantee financial management" to pay attention to risk "only for the performance prospects, assets to the pledge of small and medium-sized enterprises or individual entrepreneurs and individuals with idle funds matchmaking, and the guarantee company to provide third-party joint and several security responsibility."　　The owner of the three sheep guarantee said that for the 50,000, 300,000 and 1 million of the loan clients, the real annual yield of the guaranteed financial assets can reach 12%, 13.2%, 14.4%, and for more than 3 million, the yield can be up to 18%. "We are not usury, we are not illegally raising money, and we do not accept commissioned loans or commissioned investments."　　"The official stressed that as a professional financing guarantee agency approved by the Provincial Economic Commission, the company carries out the legal compliance of the financing guarantee business." "Private loan guarantee business in Changsha is the first time, but the guarantee company can carry out such business." "The Changsha Guarantee Industry Association president Shung said, the ordinary people to the private loan guarantees the finance need to maintain the necessary cautious, guarantees the company is inferior to the bank credit high.　　Therefore, we should pay attention to the control of risk, in the choice of guarantee institutions to carry out private loan guarantee business, should be inspected its registered capital strength is strong, the professional team is mature, the industry's reputation is better and so on. "We do the private loan guarantee business to guarantee company, have no business jurisdiction, therefore cannot determine its compliance." "Hunan Banking Bureau, the head of the office said that the guarantee of financial products is essentially" private lending "relationship, but the guarantee company can not exceed the scope of operation, and can not apply the bank loan illegal to" high interest transfer loan "and so on. Reporter Chu Yu