Can I borrow money to build a four-star hotel in the county?

To build a four-star hotel in the county, you can borrow money from the bank. The money needed to open a hotel is definitely relatively large, and it is necessary to apply for a mortgage loan to meet the demand. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.

Loan principle

The three principles refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of the Law of People's Republic of China (PRC) Commercial Bank stipulates that commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and exercise self-discipline based on the principles of safety, liquidity and efficiency.

Loan security is the primary problem faced by commercial banks. Liquidity refers to the ability to recover loans within a predetermined period of time or realize them quickly without loss of land to meet the needs of customers to withdraw deposits at any time.

Efficiency is the basis of sustainable operation of banks. For example, if long-term loans are issued, the interest rate will be higher than that of short-term loans, and the efficiency will be good. However, if the loan term is long, the risk will increase, the safety will decrease and the liquidity will weaken. Therefore, there must be harmony between the three sexes, so that the loan will not go wrong.