This year, in order to cope with the impact of the epidemic, many banks and financial institutions have introduced various support policies, which can help small and micro enterprises to obtain loans more efficiently. In addition to some common preferential policies, non-repayment of loans is very worthy of attention, because this scheme can help enterprises to get loans faster and the process is simpler. So what does it mean to continue lending without repaying the loan? Let's get to know each other.

1. What does it mean to renew the loan without repaying the principal?

General short-term working capital loans are suitable for this scheme, which is a preferential scheme determined by bank financial institutions after investigation and research on enterprises. After the enterprise loan expires, there is no need to repay the principal, and the bank will directly issue new loans. The advantage of this loan method is high efficiency, which can solve the problem of insufficient liquidity of enterprises.

For example, a technology company has a loan of 3 million yuan with a term of 1 year. At the end of the year, I suddenly received an urgent order, and I was in urgent need of capital turnover. After consultation with the bank, the loan can be renewed without repayment, which reduces the financial pressure of the enterprise.

According to the original plan, the technology company should first raise funds to repay the loan, and then submit an application for loan extension. Through this loan extension scheme without repayment of the principal, they can get a loan extension without repayment of the loan, which is very flexible.

Second, the enterprise loan policy

Affected by the epidemic this year, many enterprises have problems in capital turnover, and banks in many regions have formulated relevant plans. For example, Zheshang Bank expects to expand the affected plan to 65,438+0,265 small loan customers before February 9, totaling 420 million yuan. Taking measures such as renewing the loan and extending the loan term are also the main means for banks to reduce the pressure on enterprises to pay interest.