What does a finance company do?

Abstract: Finance companies, also known as finance companies, are non-bank institutions that provide financial services for technological transformation, new product development and product sales of enterprises, focusing on medium and long-term financial services. Many people don't know what finance companies do or how they expand their business. The following article briefly introduces the knowledge about the operation, establishment and business of financial companies. What does a finance company do?

Financial companies are divided into two categories in China. One is a non-financial institution type financial company, which is a legacy of tradition. The second type is the financial company of the financial institution type, and the correct title is the enterprise group financial company. Finance companies, also known as finance companies, are non-bank institutions that provide financial services for enterprise technological transformation, new product development and product sales, focusing on medium and long-term financial services.

The role of financial companies

1, in the management and use of funds, promoted the enterprise from extensive to intensive. Before the establishment of the finance company, there was no direct credit relationship between the member enterprises of the group company. Some enterprises often had very tight funds, while others had idle funds. After the establishment of the finance company, the member enterprises become the shareholders of the finance company, and to a certain extent, they pool the funds of the member enterprises for comprehensive operation. At the same time, financial companies can use financial means to pool the idle funds of the internal enterprises of the group company and make overall arrangements for their use, which can speed up the settlement of funds among the member enterprises of the group company and avoid the occurrence of "triangular debts", thus reducing the financial expenses of the group company as a whole, improving the efficiency of the use of funds of the group company and speeding up the process of asset integration operation of the group company.

2. Financial companies take capital as a link and service as a means to enhance the cohesion of the group company. On the one hand, the finance company absorbs some member enterprises of the group company as its own shareholders and connects everyone with the bond of equity capital; On the other hand, the funds absorbed by finance companies have become an important source of credit funds for the member enterprises of the group company, thus further strengthening the ties between the member enterprises of the group company and forming a situation of mutual support and mutual promotion.

3. Solve the urgent need for funds of enterprise groups in time to ensure the normal production and operation of enterprises. Due to various reasons, enterprises often encounter a shortage of funds, which affects the normal operation of production. After the establishment of the finance company, it knows the production characteristics of the enterprise better than the bank, and can provide emergency funds for the enterprise in time to ensure the normal production and business activities.

4. Enhance the financing function of enterprise groups and promote the development of group companies. Finance companies not only handle general deposit, loan and settlement business, but also actively develop new businesses such as bills and buyer's credit according to the development strategy and production and operation characteristics of enterprise groups, which has played a very good role in expanding sales and reducing inventory for enterprises.

5. It is conducive to breaking the situation that the existing banking system funds are divided by administrative regions and promoting the cross-regional and cross-industry development of large group companies. The financial institutions in China have some problems such as vertical arrangement and compartmentalization. The fund management system is classified by administrative regions, and it is difficult for funds to flow across regions. Central enterprises often don't get the support they deserve in local areas, but financial companies can break through geographical restrictions, raise and raise funds from member enterprises that are not in the same area as the headquarters of the group company, provide financial support for projects whose funds can't be in place in time, and ensure the normal production and the scheduled start of projects under construction.

6. It promotes the competition in the financial industry, helps financial institutions to improve service quality and efficiency, and is conducive to the deepening of financial system reform. Among all financial institutions, financial companies are still quite weak, far from being able to compete with other financial institutions, especially banks. However, in order to survive, financial companies must win customers by improving service quality, which objectively plays a role in promoting other financial institutions to deepen reform and improve service quality.

Business scope of finance company

With the approval of the CBRC, China Finance Company may engage in some or all of the following businesses:

1. Absorb time deposits of member units for more than 3 months.

2. Issue bonds of financial companies.

3. Inter-bank borrowing.

4. Handling loans and financial leasing for member units.

5. Handle consumer credit, buyer's credit and financial leasing of products of group members.

6. Handle the acceptance and discount of commercial bills of member units.

7. Handle entrusted loans and entrusted investments of member units.

8. Equity investment in securities, financial institutions and member units.

9. Underwriting corporate bonds of member units.

10, handling consulting agency business such as financial consulting and credit certification for member units.

1 1. Provide guarantee for member units.

12, overseas foreign exchange loans.

13. Other businesses approved by the CBRC.

14. As far as customers are concerned, China Finance Company belongs to enterprises, so China Finance Company is generally dominated by parent companies and shareholder units.

Conditions for the establishment of a financial company by a financial company

1, enterprise groups must meet the requirements of the State Council on pilot enterprise groups, and administrative companies or group companies with administrative functions may not set up financial companies; Products or services are in a leading position in the same industry in China and have good profit prospects; The net fixed assets and self-owned funds of core enterprises and close-knit enterprises are more than 654.38+0 billion yuan, and special industry enterprise groups can adjust them appropriately according to the situation; The special funds withdrawn by core enterprises and close-knit enterprises in that year are not less than 65.438+0 billion yuan.

2. To set up a financial company, there must be managers who are familiar with financial business. Among the principals of the proposed financial company, 1/3 must have more than 5 years of financial work experience. The number of employees engaged in financial work for more than 3 years exceeds 65438+ 0/3 of the number of employees.

3, the main person in charge of the proposed financial company shall not work part-time. Retired personnel shall not be the main person in charge of a financial company.

4. The paid-in monetary capital of the finance company is not less than 50 million yuan.

Name the financial company.

1, Yin Rui Finance Company

2. Sudasheng Finance Company

3. Qianchi Finance Company

4. Jiading Finance Company

5. Xinchuangxin Finance Company

6. Fortune Finance Company

7. Haoyuan Finance Company

8. Anhong Finance Company

9. Zhongrong International Finance Company

10, Peng Sheng Finance Company

1 1, Jin Man Finance Company

12, Daocheng Finance Company

13, gaode finance company

14, Billy Financial Company

15, Freda Finance Company

16, Jinkuo Finance Company

17, Sudaxin Finance Company

18, Zhong Bo Finance Company

19, Xincheng Century Finance Company

Conditions for establishing branches of financial companies

An enterprise group (parent company) applying for the establishment of a finance company shall meet the following conditions:

1, which conforms to the national industrial policy and has core business.

2. 1 Before the application at the end of the year, the registered capital shall not be less than 800 million yuan.

3. At the end of 65,438+0 before the application, the total assets of the member units consolidated according to regulations shall not be less than 5 billion yuan, and the net assets ratio shall not be less than 30.

4. The financial situation is good, and the total operating income of the member units consolidated at the end of two consecutive years before the application is not less than 4 billion yuan, and the total pre-tax profit is not less than 200 million yuan.

5. The cash flow is stable and large.

6. It has been established for more than 2 years and has certain experience in internal financial management and fund management of enterprise groups.

7. The corporate governance structure is perfect, and there are no improper related party transactions.

8. The credit status is good, and there is no bad credit record for two consecutive years before the application, and there is no illegal behavior.

9. The source of funds for the shares is true and lawful, and it is not allowed to use borrowed funds or funds entrusted by others to become shares.

10, other prudential conditions stipulated by the CBRC.

How do financial companies expand their business when operating financial companies?

1, existing customer service, existing projects in hand. Only when the business is done, refined and distinctive, and passed from customer to customer, can we publicize the company's reputation, establish the company's image and create brand characteristics.

2. Recruit new customers with old customers. Everyone has relatives and friends, serve existing customers well, use them as propaganda media, and introduce the company's characteristics from their mouths. In this way, by introducing old customers to new customers, the company will last longer.

3. Getting to know some high-end successful people, especially the finance and boss management of some enterprises, will be of great help to the company's business development.

4. Keep in touch with people from government, taxation, industry and commerce, customs, banks and other institutions. They have extensive social connections, especially in industry and commerce, taxation, customs, banking and other departments. They have more contact with enterprises and can provide great help and valuable information.

5. Make use of the modern "internet plus" platform, and do more online promotion of some large-scale network platforms, especially those related to finance.

6. Use publicity color pages, business cards, etc. For offline promotion, but it is best not to do that kind of "viral" promotion, which will not only have no effect, but will have a negative effect.

How much is the agency charge for bookkeeping?

Generally speaking, the charging standards of agency bookkeeping companies can be divided into the following categories according to the types of corporate taxpayers and the invoice amount:

1. Small-scale taxpayer: agency bookkeeping fee from 200 yuan/month.

2. General taxpayer: Agency bookkeeping fee starts from 400 yuan/month.

3. Foreign-funded enterprises: The agency bookkeeping fee is mostly 600- 1200 yuan/month.

In addition, for small-scale enterprises with zero declaration during the operation period, or enterprises with small billing and collection amount, the agency bookkeeping fee is generally 200 yuan/month, 2400 yuan a year.

For ordinary taxpayers, due to the relatively complicated accounting treatment, the minimum standard is 400 yuan/month, and the higher the invoice amount, the higher the price. Specifically, in addition to the above main factors, small and medium-sized enterprises seek agency bookkeeping services, and the charging standards of agency bookkeeping companies are also affected by different regions and different charging methods.

Financial company selection 1, normalization.

The high cost performance of financial intermediaries is not only reflected in low cost, but also in standardization. Therefore, enterprises must choose an agency with the qualification of agency bookkeeping. When signing an agency contract, the rights and obligations of both parties must be clearly defined in the contract, so that when they encounter objections in actual work, they can also distinguish their responsibilities.

2. Professional level

When choosing an accounting financial agency, we must pay attention to the professional degree of accounting and evaluate the occupation of accounting personnel. See if the company has a group of professional and experienced accountants.

3. Assess the ability to resist risks

For small enterprises, the security of funds is very important. Formal financial companies have strict requirements in all aspects when serving small enterprises, ensuring the property safety of users.