When farmers use live biological assets such as cattle, sheep and pigs as collateral to borrow from financial institutions, the importance of post-loan supervision is self-evident.
Why is so much emphasis on post-loan supervision of living mortgage of biological assets? This is because each living collateral is a living carrier of the credit contract between farmers and banks, and their health status, reproductive ability and market volatility directly affect the security and possibility of loans. An effective regulatory mechanism can ensure that the true value of the collateral assets is maintained, prevent potential risks, and protect the rights and interests of both parties.
In the actual operation of "post-loan supervision", financial institutions use diversified means to achieve close monitoring of living collateral:
1.Ear tag tag tracking:
With the development of science and technology, biological asset right confirmation tags have experienced ordinary ear tags, passive RFID electronic ear tags, and active smart ear tags. By wearing ear tags on mortgaged cattle, sheep and pigs, tracking animal growth, and adding real-time monitoring and location information, it is possible to prevent the loss of assets or the deterioration of the condition. The agriculture and forestry cloud live animal biological assets supervision platform supports the real-time monitoring of the above-mentioned ear tags, and the regulatory agencies can use different supervision schemes according to the actual situation of different farm households.
2.Regular on-site inspections:
The professional team regularly goes to the breeding site to conduct on-site inventory, verify the quantity and quality of assets, and evaluate whether the disease prevention and control situation and feeding management standards are up to standard. The on-site verification and inspection records are well-documented and traceable, and the agriculture and forestry cloud platform can well support this function.
3.Dynamic assessment of market value:
Pay close attention to market changes, regularly adjust the valuation of collateral, and take corresponding risk control measures according to market fluctuations. The agriculture and forestry cloud supervision platform can expand the market function and alarm the fluctuation.
4.Cooperation and linkage supervision:
Cooperate with local agricultural and rural departments, insurance companies and other parties to form a linkage supervision network to jointly ensure the compliant operation of mortgage business. For specific case applications, please refer to the overall solution of agriculture and forestry cloud animal husbandry big data.
5.Establish an emergency response plan:
In response to possible epidemic outbreaks or other emergencies, set up emergency response plans in advance to ensure rapid response in times of crisis and minimize losses.
All in all, for the post-loan supervision of living mortgage of biological assets, financial institutions strictly follow the principle of rigor and meticulousness, and through scientific and technological empowerment and collaborative co-management, they aim to build a solid barrier for financial support in the process of China's agricultural modernization, help the majority of farmers develop steadily, and create a better future for rural revitalization.