Applicants must first have five pieces of hardware:
(1) Holding a re-employment concession card issued by the labor and social security department;
(2) Having received entrepreneurship training organized by the labor and social security department and the financial department in a recognized training institution, and having obtained a qualification certificate;
(3) there are self-employed or self-operated projects (except for industries restricted by the state);
(4) Having a corresponding fixed business place;
(5) Having a business license issued by the administrative department for industry and commerce or a certificate of informal employment labor organization issued by the labor department (social employment labor organization certificate).
Processing flow:
First of all, the loan applicant should apply to the Municipal Labor and Social Security Service Center for registration, fill in the application form for small-sum secured loan (in quadruplicate), and provide the following materials: written application (including the general situation of employment labor organizations in enterprises or communities, feasibility analysis of repayment ability, loan application amount, repayment period, resettlement number, etc.). ), identity documents (including resident identity cards, household registration books, etc.). ), and re-employment concession card. Certificate of entrepreneurship training and entrepreneurship plan, business license or certificate of informal employment labor organization issued by the labor and social security department (certificate of community employment labor organization).
At the initial stage of the secured loan, the Street Town Labor and Social Security Service Center shall timely identify the applicant's qualifications, verify the entrepreneurial project, and the labor and social security department agrees to sign the recommended project and report it to the guarantee center. In the review of secured loans, the guarantee center will review and investigate the submitted materials, examine and approve the projects that have been agreed to be guaranteed, and issue the Letter of Commitment on Small Loan Guarantee for Laid-off and Unemployed Persons to the bank after implementing the counter-guarantee procedure. Finally, after receiving the letter of commitment and signing the contract with the borrower, the bank will transfer the loan to the borrower's passbook in time.
You can get financial discount if you are engaged in low-profit projects.
Engaged in low-profit projects refers to individual business projects such as commerce, catering and repair that laid-off workers are engaged in in communities, streets and industrial and mining areas. Specifically, it includes: cottage industry, repair and replacement, book lending, hotel service, catering service, dyeing and sewing, copying and typing, haircut, small dining table, canteen, moving, hourly service, household cleaning and sanitation service, primary health care service, infant care and education service, training and sustenance service for disabled children, old-age service, patient care, and children and students transfer service.
Borrowers whose loan projects meet the discount conditions shall first go through the interest settlement formalities with the bank on a monthly basis. At the end of each year, the bank will report the discount amount to the financial department, which will report it to the central finance for review and disbursement. The bank will return the discount to the borrower within 15 days after receiving the discount.
How to repay and settle interest
In order to reduce the burden of one-time repayment, interest is paid monthly after the loan is issued, and the principal is repaid after half a year, that is, interest is paid monthly from the month after the loan. The borrower can deposit the current due principal and interest in the nearest commercial bank or rural credit cooperative business institution, and the bank will automatically settle the account.
The borrower must also provide counter-guarantee.
When applying for a small secured loan, the borrower must provide counter-guarantee measures in addition to the guarantee center. Counter-guarantee measures can be divided into three forms:
1. Property mortgage. Take the borrower's full-value real estate, vehicles, easy-to-realize equipment, etc. as collateral.
2. Enterprises with guarantee strength or natural persons with certain economic foundation provide counter-guarantee for micro-loans.
3. Joint guarantee. Joint and several guarantees are made by three or more borrowers as a group. If one member of the team fails to repay the loan principal and interest on schedule, other members shall promise to repay it on his behalf. Joint guarantee is conducive to mutual supervision between borrowers, with very simple procedures and strong operability.