[Important materials are missing. Please supplement the materials and resubmit your application for review. Thank you for your cooperation.]
The application has been submitted after providing the required supplementary materials and is currently under review. The application has been returned.
[The application document format is incorrect. Please adjust the format as required and resubmit your application for review. Thank you for your cooperation.]
The application has been submitted after formatting adjustments and is currently under review. The application has been returned.
[The application's purpose is unclear. Please submit a relevant explanatory report. Thank you for your cooperation.]
In early November, we prepared the financing and loan documents for Xu's Catering and submitted the application. The process has been very smooth so far, and the application has quickly reached the bank and has begun to be processed.
Just when the application was about to be successfully processed and move to the next stage, the bank suddenly returned the documents, requesting some supplementary, seemingly unnecessary information.
Luo Peng initially thought the bank had raised its loan application review standards, but he didn't take it seriously. He quickly found a template for the relevant documents, copied it, and resubmitted it to the bank for review.
To my utter surprise, three business days later, my application was rejected again! This time, the reason for rejection was an incorrect format!
The incorrect formatting was indeed his own problem, and Luo Peng had no objection to it. He buried himself in the nearly three-centimeter-thick document and carefully checked it inside and out. He finally found a 'problem' place, which was a sentence that could have been written with either a comma or a pause mark.
Strictly speaking, a semicolon (顿号) would be more appropriate, but I used a comma instead.
After modifying this section, Luo Peng submitted the review materials for the third time.
Then, after another three working days plus the weekend, making it five days in total, the submitted review application was rejected again!
One or two is acceptable, but not three. If the submitted materials are returned three times in a row for various trivial reasons, any normal person can sense that something is amiss.
This is... being targeted!
It's unclear whether Xu's Catering is being targeted, or whether the company itself is being targeted.
"Sister Liu, did the documents you submitted to the bank on the 2nd get approved? Yes, they were approved ten days ago! So fast!"
"Brother Xu, did you submit some documents to the bank on the 7th? Did it get approved?" "Yes, it got approved. It wasn't sent back for revisions, right?" "No."
"Brother Nan, how's the review process for the materials you submitted on the 12th? They were approved the day before yesterday."
“.”
Luo Peng asked all his colleagues in the office one by one. All the review applications submitted before the 18th of this month were progressing very smoothly. Of the 53 materials submitted, only two were returned for revision.
After this series of inquiries, the answer became quite clear: it wasn't their own company that was being targeted, but rather Xu's Catering!
But how could Xu's Catering be inexplicably strangled by the bank?
If Xu's Catering's loan application was only one or two million, Luo Peng would simply set it aside after learning about the situation, make necessary modifications, submit it as required, and then see when the bank would approve it.
However, Xu's Catering's loan amounted to a staggering 36 million, almost equivalent to the annual performance of a relatively incompetent colleague.
Moreover, last month I handled a loan of 24 million yuan for Xu's Catering. It was thanks to this loan application that I was able to successfully become a full-time employee and receive a generous commission.
For all these reasons, after figuring out why Xu's Catering was being targeted, Luo Peng immediately contacted the bank staff and arranged a dinner for that evening.
After a hearty meal and drinks, taking advantage of the bank employee's drowsy state, Luo Peng asked the question that had been puzzling him the most.
"Brother Wang, I recently submitted a loan application, but it's been rejected three times already. Do you know why?"
"That can't be right. Your company has been cooperating with our bank for many years. Generally speaking, as long as it's not a big problem, we will make adjustments on our end. How could it be sent back three times as many as three times!"
Despite still being drunk, Brother Wang's professional attitude was impeccable. Upon hearing this, he immediately helped Luo Peng analyze the reasons behind it.
"Generally speaking, banks will return application materials for only two reasons: either the materials are seriously incomplete, or the materials are sensitive and require additional explanation."
Oh, no, that's not right either. Materials with numerous formatting errors or typos will also be rejected.
Unless it's a particularly important typo that could cause ambiguity, it's generally not rejected. This is relatively rare, since these materials have all been reviewed by lawyers.
"Hmm," just as Luo Peng was about to recount his situation, Brother Wang seemed to have thought of something, shook his head vigorously, and asked with difficulty, "Little Luo, you just said you fought back three times, right?"
“Yes!” Luo Peng nodded in agreement.
"They've sent it back three times in a row! To my recollection, only one other unlucky company has had this happen this month."
As he spoke, Brother Wang swayed and beckoned to Luo Peng, gesturing for him to lean closer. Then, lowering his voice, he stammered, "..."
"Xiao Luo, the company you're in charge of, it wouldn't happen to be called... Xu... Xu's Catering, would it?!"
"Yes!" Luo Peng's eyes lit up upon hearing this, and he quickly asked, "Brother Wang, how did you know?"
"Then that's it!" Brother Wang clapped his hands excitedly, lowering his voice again, almost whispering, "As for Xu's Catering, no matter how you change it, they'll find fault with anything that's been specifically named. It'll take at least three to five months to get it approved!"
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