Loans are usually available.

Chinese law stipulates that retired military personnel who establish small and micro enterprises can apply for entrepreneurial guaranteed loans in accordance with relevant national regulations and enjoy preferential financing policies such as loan interest discounts. You can apply for a loan by going to the bank with your discharge certificate. In addition, veterans engaged in low-profit projects can also enjoy financial discounts from local governments, up to interest-free loans. Veterans who are self-employed or start economic entities should apply for loans from commercial banks, and commercial banks should give priority to credit.

Legal basis:

Article 46 of the "Veterans' Security Law" When veterans establish small and micro enterprises, they can apply for entrepreneurial guaranteed loans in accordance with relevant national regulations and enjoy loan interest discounts, etc. Financing preferential policies.

Retired military personnel engaged in self-employment enjoy preferential tax policies in accordance with the law.