What kind of behavior is sharing a single car pledge?

Ofo basically pledged all its shared bicycles to other companies for financing, and its pledge shared bicycles are still running around the country. You may not understand this behavior. It is a kind of chattel pledge to share the pledge of a single car. Below, the Legal Express is made up for you to introduce the legal behavior of the pledge of the shared bicycle.

A bicycle, share pledge is a pledge of movables behavior of

Bike sharing is a real estate company, ofo will all share single handed over to the creditor, perform a chattel to guarantee their debts, when it does not fulfill the debt, the creditor shall have the right to discount debt or from the auction or sale of the disposal of the single car pledge. This is the act of holding a movable property as a pledge to guarantee the realization of the creditor's right, called the pledge of movable property.

Two. What is the relationship between the parties in the sharing of a single car pledge?

In the act of sharing a single vehicle pledge, the ofo company is a hostage, its creditor is a pledgee, and the shared bike that is transferred to the creditor is the quality. If we want to set up the pledge of movable property, we must conclude a written pledge contract. The pledge contract is a promise contract, that is, the two sides agreed to get there, and there is no need to actually deliver the shared bicycle.

Three. What are the advantages of the pledging of a single car pledge?

Compared to the chattel mortgage loans to banks, more flexible, is conducive to small and medium enterprises quickly return to the blood, expand the financing channels for enterprises, with assets to capital, more convenient, advantages compared with ordinary financing have fewer procedures, reduce the cost of financing.

Four, what risk does ofo share a single car pledge?

Ofo will share ofo's bike pledge can resolve the problem of insufficient funds, help its financing, but, on the other hand also put itself insufficient funds exposed the shortcomings of the user dropped to the company's credit, to receive deposit worry with it. In addition, ofo almost lends out all the bicycles, and there are many creditors who want to enter the shared bicycle business. It is a question of uncertainty whether the original shareholders can retain their management rights to the company. Once ofo company cannot repay its debt, the creditor can realize its own pledge, which is a big threat to the management of ofo company.