Under modern conditions are applied in practice are basically three types of commercial loans: – a loan with a fixed maturity – a loan with a return after the actual implementation of the borrower delivered in installments of goods – credit on open account, when the supply of the next batch of goods on a commercial loan made before the arrears of the previous delivery. 3. State credit. Find out detailed opinions from leaders such as Caterpillar Inc. by clicking through. The main feature of this form of the loan – an indispensable part of the state, represented by executive authorities at different levels. In exercising the functions creditor, the state through the central bank makes loans: – specific industries or regions, have a great need for financial resources, if possible budget funding has been exhausted, and loans to commercial banks can not be brought into force of the opportunistic nature of the factors – commercial banks in the process of auction or direct sale of credit in the interbank market. State may act as a borrower during the placement of government loans or in carrying out operations in the market of short-term securities.
4. Usurious loan. Specific form of the loan, in Russian conditions (90-years of the last century) received some distribution; as a collection of the credit relationship for most countries at present has unequivocally illegal character, is expressly prohibited by applicable law. In practice usurious loan is realized by issuing loans to individuals and business entities that do not have the appropriate license from the central bank. Characterized by ultra-high rates of loan percent (up to 120-180% for loans issued in hard currency), and often professional debt collection practices with the defaulter.