I. What are the conditions for an interest-free Farmers and Merchants Bank start-up loan?
Conditions for the bank's interest-free loan:
Chinese citizens between the ages of 18 and 45 with full capacity for civil behavior;
Proof of a fixed residence and place of business. Proof of fixed abode can be a real estate certificate (real estate certificate in the name of the parents can also be), proof of business premises should hold a business license issued by the industrial and commercial administrative organs and business permits in related industries, indicating that they are engaged in normal production and business activities.
Proof of funds. The loan applicant's investment program requires that there has been a certain amount of their own funds. This is an important condition for banks to measure whether to borrow, because the amount of business loan requirements generally up to a maximum of 70% of the total amount of funds needed for the lender's normal production and business activities required working capital, as well as the purchase (installation or repair) of small equipment and franchise chain.
Settlement account. The loan applicant must open a settlement account in the bank to which the loan is made, and the business income should be settled by the bank. And the use of the loan is in line with the relevant national laws and the Bank's credit policy, and is not allowed to be used for other speculative investment projects such as equity interest-based.
Loan guarantee. Loan applicants need to provide certain guarantees, including real estate mortgages, certificates of deposit pledge and third-party guarantees in three forms, in addition to as much as possible to provide some of their own credit status, repayment ability and loan investment information to the bank, which will increase the integrity of the loan, in order to facilitate the smooth obtaining of loans.
Good credit, no bad record;
Two, I would like to know now college students start-up interest-free loans can be borrowed from which banks or to the government departments?
I'll give the money:
One, the application conditions:
1, college graduates;
2, more than 6 months after graduation to protect the department for unemployment registration.
Second, the loan period:
The state provides university graduates with a small period of 1 to 2 years, and no longer enjoys financial subsidies after 2 years
Third, the loan mode:
University graduates start their own business in the form of guarantees, credits (pledges)
Fourth, the relevant instructions
Specific operational methods can be found in the local Bureau of Labor and Social Security Consultation. In addition, for college students to start their own business there are other individual
Body business, 1 year of governmental fees; self-employment, since the mouth file hosted in the city of graduates of colleges and universities in the employment guidance service entrepreneurship of the specific policies should be consulted with the relevant departments.
V. Shen
In applying for such loans, there are three more important points:
First, or business premises. Second, the business license and business permit capacity; third and also the most projects have a certain amount of their own funds.
With the above conditions before you can apply to the bank, the application needs to provide information mainly include: marriage family income and property status and other repayment in the relevant agreements, contracts; guarantee materials, involving collateral or pledge ownership certificates and lists, banks recognized by the appraisal department issued by the valuation report of the credits (pledges).
In addition to written materials is to have collateral. The collateral side, term deposit pledge, securities pledge, liquidity of the movable assets pledge, meet the requirements of the guarantor guarantee. Issue amount on the basis of the specific security
Amount requirements
Entrepreneurial loan amount requirements in general: up to the borrower's normal production by installing or repairing) small-scale equipment (machinery) and franchised chain of funds
Terms of generally 2 years, the maximum of 3 years, of which the production and operation of liquidity loans for a period of up to 1 year;
Individuals entrepreneurial loans to implement the People's Bank of China promulgated the term of the loan interest rate range up and down.
Loan repayment
1, the loan period of personal business loans, the implementation of the maturity of a single repayment of principal and interest, interest with the principal;
2, the loan period of more than one year of personal business loans, loan principal and interest repayment can be used in the equal principal and interest repayment method or the equivalent principal and interest repayment method, or can be repaid according to the two sides agreed upon in other ways.
Now more than 80% of this is the state's support policy, not the same place in the approval process of each bank under the lift, you have to ask one by one, about the government, you start a business in what place, the local government will give you a certain amount of support, every for you to write, I hope to help you. Hope to adopt.
Three, I have a business license can go to the bank to loan interest-free loans?
Now the bank loans are to be collateral such as cars, equipment, real estate property, etc. Specifically you can ask the local bank, some places can be in their own local grassroots such as the village committee. The community cadres to come forward with credibility guarantee.
Four, with the business license in the bank can be done to the interest-free loan, what formalities?
With the business license in the bank to do interest-free loans?
This is the first time I've ever seen a business license in a bank.
Business license for bank loans this is feasible, but there are certain conditions, the general bank only accept to handle the business license for more than a year of normal business enterprises and individual businessmen to apply for a loan, generally business loans, some banks will relax the conditions to half a year, but if you want to say that just after the business license to apply for a loan to the bank, it is estimated that no bank will accept the.
And, even if the bank accepts, then also need you to provide housing, plant, etc. as collateral, because not sure you have the ability to normal repayment ah.
The interest-free loan is really not feasible, I've been working in the bank for 12 years, I've never heard of any bank that can provide interest-free loans, the bank is a self-financing company, how can it not make money. Unless it is related to the three rural loans, or college students start-up loans, but these are subsidized by the relevant departments, not the bank to provide interest-free loans.
And not only is it not interest-free, but the interest rate on a typical business loan is higher than the prime rate, so don't trust any intermediary who can handle an interest-free loan but charges a processing fee, all of which are fraudulent.
What formalities are required to provide the materials
Can be done, the Bank of China has an entrepreneurial loan is a subsidized loan, basically equivalent to no interest. Requirements license 3 years with actual business site, annual flow in more than 1 million. The first thing you need to do is to get a good deal on the price of the product, and you'll be able to get a good deal on the price of the product. It is best to have real estate in your name, car and other assets can improve the pass rate.
With the business license in the bank can do interest-free loans, what procedures? There are three main factors to consider.
On the question of interest-free loans, many people may wish to apply, and even some small businesses and individual businessmen hope that all bank loans are interest-free, no purpose loans, and last year there was a widespread rumor that as long as you get the business license can apply for a bank interest-free loans, the reality in the end will be how? Mainly depends on three major factors.
The first major factor, the normal bank self-employment loans need to individual businessman's business situation for risk assessment and inspection, and the purpose of the loan is clearly defined, the business license is only a prerequisite for the loan is not necessarily able to loan through
As a personal business loan or individual businessman loan, there is a business license is only the first step, and if you want to loan you also need to business situation and loan purpose and repayment source of the loan, you can apply for a bank interest-free loan. The company's business license is only the first step in the process.
Generally, whether it is an individual business loan or an individual business loan, the following materials of the applicant are required:
One is the ID card of the legal representative, the original and copy of the household book; the other is the provision of the business license and the original and copy of the tax registration certificate which have been examined by the annual inspection; it is preferable to have the business operation statement of the enterprise for three years; and it can be proved that the legal representative of the legal income of the relevant information such as the Bank water, at least half a year; legal representative of the marital status such as marriage certificate, divorce certificate, single certificate; legal, full-value collateral or pledge; mortgagor or guarantor's letter of commitment, and the bank needs to provide a variety of other materials.
The bank loan will not issue a loan just because there is only a business license, just like the agricultural loan will not be able to loan because you are a rural person, it is also important that the purpose of the loan is also an important content of the bank to examine, including the bank loan repayment source has the reasonableness and legality to ensure that the bank loan has sufficient repayment source.
The second major factor, the bank is no interest-free loans, which is misunderstood by many people. But the reality is not so
There is no such thing as an interest-free loan in a bank's lending business. The reason for this is that a bank's lending capital comes from deposits, which need to be guaranteed to be honored and paid interest, plus the bank's operating costs, including rent, utilities, manpower costs, and various taxes and fees, which is why the bank's lending rate has to be higher than the interest rate on deposits, or else the bank will lose money.
In reality, we often come across people who question when applying for a loan, why do banks charge interest on their loans? Why can't they offer interest-free loans to those who are in dire need of money? In fact, if the bank provides interest-free loans it will lose money, which in turn will result in deposits not being paid in time, which will lead to a credit crisis for the bank.
So, in reality, there is no such thing as an interest-free loan from a bank, let alone an interest-free loan with just a business license. This must be made clear.
The third major factor, in reality there is no interest-free loans? There are. Although it is handled in the bank but essentially different from the bank's general loan
Friends in a small city in the south, where some of the small business is more developed. Some relatives of the family are also in the business, last June with their exchanges, said that many merchants are now in the housing mortgage interest-free loans. It is said that many people who apply for interest-free loans, whether it is a medium-sized businessman with hundreds of millions of dollars in assets or a small businessman with only a small factory, have taken their own homes or the homes of their relatives to apply for loans. A friend's own home a real estate license are several relatives to borrow.
See, not with a business license can apply for a loan, but to carry out the housing mortgage to apply for a loan. The actual what we call "interest-free loans", is not really a bank interest-free loans, but the local government in order to support the development of the local economy, especially small and medium-sized enterprises, self-employed households, the development of subsidized loans, enterprises and individuals in the loan still need to pay interest, but this interest does not need to be borne by the lender but by the government! Subsidized, loan applicants only need to repay the principal, folk simplification of this loan is called interest-free loans. But interest-free loans are not available to all people, not all people as long as the business license can apply for loans, because only for specific groups of people to deal with such as disadvantaged groups of poverty alleviation loans, some rural interest-free loans to help them to produce and get rich; there are also a number of micro-enterprises and self-employed business loans and so on.
So, the so-called interest-free loans are not no interest, but the government has subsidized the interest, because the government subsidized loans are mostly handled through the bank, so people mistakenly think that it is the bank's interest-free loans.
What needs to be made clear again is that in general it will not be a fully subsidized to interest-free loans, but a portion of the subsidized interest, the lender still needs to pay a certain amount of interest, such as in order to combat the epidemic issued by the financial subsidized loans, according to the Ministry of Finance issued on February 2, 2020, on the support of the financial strengthening services to do a good job in the prevention and control of the epidemic of the new coronavirus infected with pneumonia notice" (Caijin [2020] No. 3 and 2020), the Ministry of Finance. 2020] No. 3) and the provisions of the State Council executive meeting on February 5, 2020, support banks to provide loans at preferential interest rates to key enterprises, including small and micro-enterprises, in the production, transportation and sale of key medical prevention and control materials and necessities of life, and give another half of the subsidized interest rate by the Treasury to ensure that the interest rate on loans to enterprises is less than 1.6%.
There are two elements needed here, one is the financial subsidized interest rate of 50%, the other is the actual interest rate paid on the loan is less than 1.6%, which means that the bank's real lending rate is around 3.2%.
It is important to note that some of the institutions that handle interest-free loans are not bank lending institutions, often under the signboard of interest-free loans may be covered by a number of other arbitrary charges, such as the so-called no-interest loan lending institutions have a variety of fees such as fees, capital management fees and other fees, the overall cost is actually not lower than the interest rate. (Kijan)
The kind of loan the questioner is talking about does exist, but not in every place.
This kind of loan is called a layoff reemployment loan, which is interest-free in the first year and charges normal interest in the second year, up to 80,000 for women and 50,000 for men. You need to find a guarantor, and you must have a layoff certificate and attend training and apply for a business license to apply for this type of loan.
This kind of loan has almost nothing to do with the bank, whether it is for approval or investigation, are the labor bureau to do, the bank is only involved in the lending stage, so the policy of each region is different. If the loan is renewed in the second year, the interest will start to be charged, and this time the bank will be involved in all aspects.
If you still want to know about the relevant banking matters, you can always write to me privately, or leave a message in the comments section, see, I will reply in time.
On the matter of using a business license to get an interest-free loan at a bank, I have the most to say. I can tell you for sure that it is possible. But the amount is not big, 100,000 yuan, it is a government subsidized loan, that is, this interest is paid for you by the Employment Bureau. This is good for opening a store, planting, starting a business, doing a little business, after all, no interest, and the current policy is good, this 100,000 yuan can be 3 years.
1. All companies applying for a loan from the bank must have a business license, if there is a business license can be in the bank for interest-free loans, then all companies can apply for interest-free loans.
2. At present, most banks do not have interest-free loans.
Commercial banks are companies that seek to make a profit, and the bank's business model is to take deposits and make loans, and the spread between deposits and loans is the bank's income.
An interest-free loan is a loan that the bank issues to you without charging interest, so what else does the bank earn? Banks to depositors to absorb the deposit is to pay depositors interest on deposits, the absorption of deposits to pay interest, but to you when you issue loans but do not have to charge interest, then the bank is not a net loss? Who would want to do such a job?
There are no interest-free loans?
There are, but very few, and let's be clear, banks need to charge interest on the loans they issue, but it's possible that you don't need to pay that interest, and by whom? It is paid by the government.
Because at present, many local governments will carry out certain policies for poverty alleviation projects, agricultural projects, and college students' entrepreneurial projects, which include providing guarantees or discounts for the loans applied by these projects to the banks, and even some local banks will also give certain subsidies. However, there are no interest-free loans for companies applying for loans from banks.
It can be! Called start-up loans, but not too much! There are two kinds of 100,000 and 10,500,000, 100,000 is three years at a time to pay off, 150,000 seems to be proportional to three years, during which there is no interest, this money seems to be provided by the local government, the specifics to go to the Social Security Administration for advice. Just procedures are more troublesome, first you have to have a business license, marriage certificate, ID card, and the location of your store map, every year in May to start the registration, you have to go to the government where the account to receive a form to fill out, these are relatively easy, the most troublesome is that you have to find a couple of people are to take the financial payroll to do the guarantee, and the age of not more than fifty, these you have to deal with it which are waiting for the money, the lending is relatively fast! As long as the bank calls you today to tell you to sign the next day to the account
With the business license in the bank to do interest-free loans is impossible, now the country to encourage the return of entrepreneurship. There is also some support in the policy, you can go to the local Human Resources and Social Security Bureau to apply for interest-free business loans. However, this application conditions are more demanding, but also need to be guaranteed by public officials. Each region's support policy may be different, the specific process you can go to the local administrative service window to consult. I hope my answer can give you help!