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Is the qualification of microfinance companies troublesome?
Compared with ordinary companies, it is more troublesome. First of all, it depends on the channel through which you apply. Different applicants require different qualifications.

What qualifications are required to register a small loan company? 1. There are articles of association that meet the requirements.

2. The registered capital is not less than RMB 500,000.00 Yuan, which is paid-in monetary capital, and shall be fully paid by the investor at one time.

3. Senior managers with professional knowledge and business experience.

4. Staff with corresponding professional knowledge and experience.

5. Necessary organizational structure and management system.

6. Having business premises, safety precautions and other business-related facilities that meet the requirements.

7. Other conditions stipulated by China Banking Regulatory Commission.

Compared with ordinary limited companies, the registration of small loan companies is much more troublesome and requires more materials, and the registered capital of loan companies is particular. In short, it is difficult to obtain the business license of small loan companies, which is one of the reasons why the registration fee of loan companies is relatively high.