Does the bank provide business loans? Which banks offer business loans? Entrepreneurship loan refers to a special loan issued to individuals who have certain production and operation capabilities or are already engaged in production and operation. They apply for capital needs due to starting a business or re-starting a business, and the bank recognizes the effective guarantee.
Do banks have entrepreneurial loans?
At present, the entrepreneurial loans of various banks have different characteristics. For example, the entrepreneurial loans of commercial banks are mainly for those who are on the way to start a business but need It is prepared for people who need funds, while the entrepreneurial loans of rural credit cooperatives are generally prepared for rural self-employed individuals or farmers to start their own businesses. Choosing the right bank can save you a lot of thought and time when taking out a loan.
Which banks offer entrepreneurial loans?
Many banks now provide entrepreneurial loans, and the loan conditions and requirements of each bank are different. Here are a few briefly introduced, and suggestions if necessary Friends should consult the relevant banks in detail before applying.
China Merchants Bank’s “Turnaround” requires that the borrower’s business operations are stable, the credit record is good, and the borrower is able to provide a qualified real estate mortgage amount. The loan amount of this product can reach up to 15 million yuan.
Bank of China's "Personal Investment and Business Loans" are entrepreneurial loans. The starting amount of the loan for this product is RMB 30,000, and the maximum amount generally does not exceed RMB 3 million.
Bank of Communications Entrepreneurship Loans Business Entrepreneurship loans of Bank of Communications are relatively easier to apply for than ICBC, and the interest rates are also lower.
Industrial and Commercial Bank of China’s Entrepreneurship Loan Business ICBC has always been strict with its loan business. If an individual does not have relatively comprehensive application materials, it will be difficult for him to pass the approval.
The "Personal Business Assistance Loan" of Bank of Shanghai requires the borrower to have a permanent residence or valid residence status in Shanghai, and a fixed residence. The property used for mortgage must be an existing house with personal property rights. The loan amount of this product can be up to 7.5 million yuan.
Shenzhen Development Bank's "Chuangchuangbao" personal business development loan "Chuangchuangbao" personal business development loan is issued by Shenzhen Development Bank to individuals and is used for RMB loans that the lender needs to fund production and business activities. Loan term: Generally not more than three years, of which the longest working capital loan is not more than one year.