Business license loans for individual industrial and commercial households must meet the needs of banks and meet the following conditions:
1, self-employed projects need to reach more than one year, and a business license audited by the industrial and commercial department is required.
2. The applicant is a China citizen with full capacity for civil conduct and a fixed residence.
3. The borrower must have enough repayment ability to provide the bank with running water for nearly half a year.
4. Applicants need to have a fixed business place and a stable income.
5. The borrower needs to have a good personal credit record.
6. Need to guarantee, mortgage or pledge.
Individual industrial and commercial households can not apply for loans only by providing business licenses. They can only apply for loans if they have store receipts, business licenses and business statements. The loan amount depends on what kind of loan method you choose. If the mortgage loan is used, the loan amount can reach about 60% to 70% of the assessed value of the collateral.
China Industrial and Commercial Bank self-employed conditions
1. A natural person with full capacity for civil conduct, aged between 18 (inclusive) and 60 years old (exclusive). Foreigners and residents of Hong Kong, Macao and Taiwan who are borrowers should have lived in People's Republic of China (PRC) for one year and have a fixed residence and occupation.
2. Have legal and valid identity, household registration (or valid residence) and marital status;
3. The borrower has legal business qualifications and can provide business licenses for individual industrial and commercial households, partnerships or enterprise legal persons;
4, with a stable source of income and the ability to repay the principal and interest in full and on time;
5. It has a good credit record and repayment willingness, and the borrower and its business entities have no bad credit records in known financial institutions such as China Industrial and Commercial Bank;
6. Be able to provide;
7. The borrower opens a personal settlement account in China Industrial and Commercial Bank;
8. Other conditions stipulated by ICBC.
What will happen to self-employed bank loans?
1, penalty interest. Default interest is calculated according to default interest for one day overdue, and interest is generally calculated according to compound interest. The longer the overdue period, the more penalty interest.
2. Personal credit is affected. If the borrower goes through the bank and the institutions included in the bank credit information system, the overdue will affect the borrower's credit, even if the overdue time is only one day.
3. a reminder. After the deadline, the bank will call the borrower;
4. sue. If the dunning fails many times, the borrower may be sued. Finally, the borrower's assets can be required to be auctioned for repayment.