(1) Housing mortgage loan
In the start-up period, we all need funds to support the operation of the whole project. If you need a large amount of money and a long time, you can consider applying for a mortgage loan. Then a friend asked, why can't a car be mortgaged? What needs to be reminded is that there are very few institutions that do car loans now, because cars don't have value-added space like houses, and they usually apply for mortgage loans. The mortgage loan can reach up to 70% of the appraised value of the house, and the loan period can last up to ten years. Of course, it is also necessary to make a specific estimate of the applicant's house to judge the final mortgage loan amount. If the applicant does not have a house to mortgage in his own name, he can also use a house in someone else's name for mortgage loan. Of course, the consent of the owner of the house is required, and the owner of the house issues a mortgage commitment letter.
(2) unsecured loans
Applying for mortgage loan is only suitable for urgent temporary funds, because there is no collateral, so the loan amount obtained is not very high to a certain extent. In short, if you want to follow up your entrepreneurial project through unsecured loans, it is definitely not possible.
(3) Small secured discount loans
Many areas have launched small secured interest-subsidized loans, which is conducive to mobilizing the enthusiasm of entrepreneurship on the one hand and solving the financial problems encountered in the process of entrepreneurship on the other. If entrepreneurs need to apply for small-sum secured discount loans, they need to know the relevant local loan policies and prepare the required information in advance. The amount of small secured discount loans varies from place to place. If entrepreneurs need to apply, they can consult relevant local departments.