1. Migrant workers who start their own businesses and engage in self-employment in cities apply for small secured loans with industrial and commercial registration certificates, tax registration certificates and residence permits issued by the departments of industry and commerce, taxation and public security. Among them, entrepreneurs returning home also need to provide proof of going out to work issued by the neighborhood (village) Committee where their household registration is located, and labor brokers also need to provide valid proof issued by the broker association.

2. A partnership entity or small enterprise may apply for a small secured loan from its legal representative to the neighborhood committee where its account is located or where the enterprise operates.

3. Small secured loans are mainly used for the liquidity of individual migrant workers, small enterprises or partnership entities to start their own businesses in cities.

Migrant workers who meet the following conditions can apply for interest-free loans for entrepreneurship:

1, registered by the industrial and commercial department;

2. Having a fixed business place and a certain amount of self-owned funds;

3, engaged in the project must comply with the relevant laws, regulations and policies of the state;

4, self financing is not less than 40% of the funds needed for the project;

5. No bad record and good credit;

6, should be through entrepreneurship training, entrepreneurship training certificate.

Extended data

It is difficult for migrant workers to apply for interest-free loans when starting businesses. To sum up, the difficulties lie in the following aspects:

1. Some banks lack confidence in migrant workers' entrepreneurship.

It is difficult for migrant workers to start a business loan. In the final analysis, banks have no confidence in migrant workers' entrepreneurship. Entrepreneurs of returning migrant workers are mostly engaged in planting and aquaculture, which cannot be effectively integrated with the market and is a "secondary market". Poor investment will be "wasted", so banks lack confidence.

2. The lack of effective collateral makes the loan more difficult.

Financial institutions set a higher threshold in loan evaluation and mortgage procedures. Migrant workers have only tens of thousands of yuan of start-up capital, and they can't do mortgage at all. The nominal small loans of some banks have become "peaches that migrant workers jokingly call beautiful but can't be picked".

3. The process of applying for small loans is complicated.

To apply for a small secured loan, you must meet the following conditions: registered by the industrial and commercial department; Having a fixed business place and certain self-owned funds; Engaged in business projects must comply with relevant state policies and regulations; Ability to repay loans; No bad record, good credit, and permanent residence of local residents; To apply for a small secured loan, there must be a guarantor, and the guarantor must be an on-the-job person whose salary is paid by the county finance.

There are additional conditions for preferential government loans.

For example, a certain amount of funds and personnel are needed, and even how many returning migrant workers need to be hired. These additional conditions make it impossible for migrant workers returning home to start businesses to really enjoy the preferential loan policy given by the government.

Baidu encyclopedia-interest-free loans for migrant workers' entrepreneurship