根据监管部门发布的相关规定，小额贷款公司主要资金来源为股东缴纳的资本金、捐赠资金，以及来自不超过两个银行业金融机构的融入资金。在法律、法规规定的范围内，小额贷款公司从银行业金融机构获得融入资金的余额，不得超过资本净额的50%。然而，一些缺钱的小贷公司用各种方法从民间筹集资金。

According to the relevant provisions of the regulatory department issued,Small loan company main source of funds to pay for the shareholders of the capital/Donated funds,And from no more than two of the banking financial institutions into the capital.In the law/Within the scope of the regulations,Small loan companies from banking financial institutions to get into the balance of funds,Shall not be more than 50% of the net capital.however,Some of the lack of money of small loan companies in various ways to raise money from folk.

　　深圳市民李先生近日接到来自某投资公司的一条短信，声称公司有预期年化收益率超过10%的理财产品出售。在联系了该投资公司后，李先生得知这款“基金”将投资于某小贷公司。在运作上，该基金拟募集资金2000万元人民币，由投资公司作为普通合伙人，而其他投资者作为有限合伙人。普通合伙人认购基金规模的1%，对有限合伙企业的债务承担无限连带责任；有限合伙人认购基金规模的99%，享受优先分配收益和本金的权利。

Shenzhen citizen Mr. Li recently received from a investment company a message,Says the company has expected annualised yield more than 10% of the financial products to sell.In contact the investment company,Mr. Li that this section"fund"Will invest in a small loan companies.In the operation,The fund intends to raise capital is 20 million yuan RMB,The investment company as a general partner,And other investors as a limited partner.General partner for 1% of the fund size,To limited partnership enterprise jointly and severally liable for the debts;Limited partners for 99% of the fund size,Enjoy priority distribution income and the rights of the principal.

　　该投资公司还在产品说明书中承诺，此款基金能实现“保本金、保收益、保增值”，投资期限为18个月，认购起点为30万元人民币，远远低于信托、PE等一些高收益产品。此外，该基金根据认购资金的不同给予的预期税后年化收益率也不同，从10%到11%不等。自基金投资起始日起满9个月后，投资者可分9个月等额回收本金。从基金投资起始日起满1个月后，投资者每月按在库资金余额分配收益。推介资料还透露，通过这种方式募集的资金投向主要包括以下方面：委托小贷公司发放微贷、购买该小贷公司已经发的微贷资产、购买以微贷为投资对象的信托产品等。

The investment company also in the product specification of commitment,This fund can be realized"The principal/The income/The value-added",The investment period for eighteen months,Subscription starting point for 300000 yuan,Far below the trust/PE and so on some high yield product.In addition,The fund of funds according to subscribe to different expected after tax annualised rate of return is also different,Range from 10% to 11%.Starting from the fund investment within full nine months later,Investors can be divided into nine months waiting for the recovery of principal.Starting from the fund investment within one month after full,Investors in the library funds balance monthly income distribution.Promotion material also revealed,In this way to raise funds to mainly include the following aspects:Small loan company issued by micro credit/Buy the small loan companies have hair of micro credit assets/Buy to micro credit for investment object of trust products.

　　“这种形式的产品已经发行了好几期。”投资公司一位工作人员表示，这家小额贷款公司在业内很有名，历史数据显示其净利润年增长率均在50%以上，年化投资收益率超过30%，而历史不良率在1.66%以下。此前类似基金最早开始在这家小额贷款公司向内部员工发行。

"This type of product has issued several period."The investment company a staff said,The small loan companies in the industry is very famous,Historical data shows that its net profit growth rate in more than 50% in all,Annualised rate of return on investment of more than 30%,And history defect rate under 1.66%.After the beginning of similar funds in the small loan company to internal staff issue.

　　深圳一位业内人士表示，小贷公司此种资金募集方式有违规嫌疑。根据相关规定小额贷款公司的资金来源只能是注册资本金、从银行融入的0.5倍杠杆资金及未分配利润等，通过投资公司发售理财产品获得资金放贷是不被政策允许的，“产生这种现象的原因在于小额贷款公司的融资渠道普遍存在窄、难问题”。深圳一家小贷公司的工作人员表示，不少小贷公司的生意很好但资本金跟不上，而一些企业有大量闲置资金，于是有的小贷公司通过借款、发售理财产品等形式向其他企业甚至个人募集资金。

Shenzhen a personage inside course of study says,Small loan companies this fundraising way have suspected violations.According to the relevant provisions of the small loan company funds can only be registered capital/From the bank into 0.5 times leverage fund and undistributed profit, etc,Through the investment company selling financial products receive money lending policy is not allowed,"Have the causes of the phenomenon is small loan company's financing channel widespread narrow/Difficult problem".Shenzhen a small loan company staff said,A lot of small credit business is very good but capital can't keep up,Some enterprises have a large number of idle funds,Then some small loan companies through the loan/Selling financial products to other forms of enterprise and even individuals to raise funds.