As the name suggests, it means that three households join together for a loan. In fact, the three-household joint guarantee loan is a loan program launched by the Postal Savings Bank to solve the problem of loan difficulties for small and medium-sized enterprises. The true meaning of a three-household joint guarantee loan is that three individual industrial and commercial households holding legal business licenses form a joint guarantee group to provide loans, so that each household can apply for a loan without the need for a guarantor.

The three-household joint guarantee loan is a small loan model and an effective way to solve the working capital loan problem for small businesses. The Postal Savings Bank of China stipulates that as long as more than three individual industrial and commercial households or sole proprietorships of individuals jointly lend money, the three borrowers no longer need to find separate guarantees, and there are no mortgages or pledges. Three-household joint guarantee loans have become simpler and faster for small business loans, and have also been favored by many small businesses. However, the three-household joint guarantee loan also has its own disadvantages, that is, in terms of loan limit, merchants participating in the joint guarantee can only have a maximum loan amount of no more than 100,000 yuan per household. At the same time, when repaying the loan, the three borrowers must also pay the loan on time in accordance with the contract. If one of the households delays paying the loan, then the other people participating in the joint guarantee need to help those who cannot pay the loan. Repay together. In other words, the three-household joint guarantee loan is a loan method that implements joint liability. Sometimes, the three-household joint guarantee loan model does have great risks. For example, if some merchants participating in the joint guarantee pass away suddenly or have no financial ability, then others must help repay the loan unconditionally.

First you submit a loan application, and the loan officer will conduct an on-site investigation at your production and business premises and family residence. Afterwards, the relevant materials will be submitted to the review and approval personnel. If the application is approved, you and the relevant personnel will be notified Sign the loan contract. After the loan contract is signed, you can obtain the loan.

The Postal Savings Bank of China’s small loan for farmers is a loan used for rural planting, breeding and other production and operation purposes. The borrower must be married, have more than two laborers in the family, and be 18 years old. to 60 years old, have a local household registration or have lived in the local area for more than one year, and have more than one year of planting and breeding experience.

At the same time, 1 to 2 natural persons need to be provided as guarantee. The guarantor requirements are: National civil servants, teachers, doctors and other people with stable incomes, or who form a joint guarantee group of 3 to 5 households, can get a loan of up to 50,000 yuan if all conditions are met.

Postal Savings Bank’s merchant small loans are used for business operations and turnover by merchants and micro-business owners. The borrower is required to have a business license, have been operating normally for more than six months, and be between 18 and 60 years old. Between the ages of 1 and 2, have a local household registration or have lived in the local area for more than one year.

At the same time, 1 to 2 natural persons need to be provided as guarantees. The guarantors are required to be national civil servants, teachers, doctors and other people with stable incomes. , or form a joint guarantee group of 3 households. If all conditions are met, the maximum loan amount can be less than 100,000 yuan.