Many people often seek "capital" in the early stage of their business. In order to raise start-up capital, they do not consider the cost of financing and their actual demand for funds.

Today, market competition makes operating profit margin lower and lower. Besides illegal operation, it is difficult to get extraordinary profits.

Therefore, the majority of entrepreneurs must consider the cost when financing.

In order to choose bank loans, it is also necessary to "goods three". According to the regulation of financial supervision departments, banks can float or float interest rates within a certain range when issuing commercial loans, for example, the interest rates of many local banks can float up to 30%.

As a matter of fact, when banks borrow money and go to the market to buy things, pick and choose goods that are cheaper than three.

Relatively speaking, the loan interest rate of state-owned commercial banks is lower, but the procedure requirements are stricter.

If your loan procedures are complete, in order to save the cost of financing, you can use individual "inquiry bidding" method to compare the loan interest rates and other extra charges of different banks, and choose a low cost bank to handle loans, pledge or secured loans.

If you have the intention to purchase a house, and if you have enough money to buy a house, then you can "embezzle" the purchase money in your business, and then apply for a mortgage loan to the bank when you buy a house.

Housing loans are the lowest interest rates in commercial loans, for example, the annual interest rate of housing loans is 4.77% within 5 years, while the average annual interest rate of commercial loans from 3 to 5 years is 5.58%. Therefore, it is cheaper to start a housing loan curve business.

If an entrepreneur has already bought a house, he can also use the existing house to make loans for ordinary commercial loans. This kind of loan is not limited to use and can be used as start-up capital.

The bank loans are generally divided into short-term loans and medium and long term loans. The longer the loan period is, the higher the interest rate. If the entrepreneurs' demand for funds is not too long, they should try to choose short-term loans.

For example, those who originally intend to handle the two-year loans can borrow one year, so that they can save interest expenses.

In addition, venture capital financing should also pay attention to the trend of interest rate. If interest rate trend is higher, we should rush to handle loans before raising interest rates; if interest rate trend is decreasing, we should postpone loans when the demand for funds is not urgent.

It is a new business launched by banks in recent years. If individuals who have certain production and management capabilities or have already engaged in production and business activities, they can apply for special venture loans to banks offering this business because of their ability to engage in production or business activities.

The term of a business loan is usually 1 years, and the longest is not more than 3 years. According to the relevant regulations, the interest rate of the starting loan can not fluctuate upward, and it can float down 20% according to the same class interest rate stipulated by the bank. In many regions, the laid-off and unemployed people's business loans can also enjoy 60% of the government discount interest; some areas have made small profits for the difficult workers to do housekeeping, health care, and pension services, and the government has fully paid interest.

In order to improve the efficiency of fund utilization, if the business capital is idle due to the increase in efficiency, the withdrawal of loans and the operation in the off-season, and so on, it is possible to apply to the loan bank to change the loan method and age, until some or all of them repay the loan ahead of schedule.

After the loan is changed or repaid, the bank will collect interest according to the loan time and loan amount, thereby reducing the interest burden of the lender and improving the efficiency of fund utilization.