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Is the loan agency in Shangcheng District of Hangzhou legal?
The loan intermediary is legal.

Law of People's Republic of China (PRC) on the Promotion of Small and Medium-sized Enterprises Article 40 The State encourages all kinds of social intermediary institutions to provide information consultation, investment and financing, loan guarantee, legal consultation and other services for small and medium-sized enterprises. In addition, the agency fee charged is also legal. Because there will be some expenses in the process of loan, such as insurance premium, agency fee and entertainment fee.