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What if the enterprise loan is not repaid?
What about corporate loans? What should an enterprise do if it financing from a bank, goes bankrupt due to poor management or other reasons?

1, actively negotiate with the bank to solve:

We know that escape is not the solution to the problem. Many loan applicants are confused when the loan has not yet arrived. In fact, this situation should be solved by communicating with the lending institution immediately. This is a good solution, whether it is to extend the loan term or reduce the repayment amount of each installment.

2. Apply for temporary loans from microfinance companies:

At present, loan applicants first apply for loans from banks. Small loan companies have a small customer base and low quality. In order to expand their business, many small loan companies have launched temporary loan products.

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