1. Private lending refers to the fund lending activities between economic entities such as natural persons, legal persons and other organizations other than financial institutions approved by the state according to law. Private lending is legal at the institutional level and is a useful and necessary supplement to formal finance. The interest rate of private lending can be appropriately higher than the bank interest rate, and the local people's courts can specifically grasp it according to the actual situation in the region, but the maximum interest rate shall not exceed 4 times that of similar banks.
2. About corporate loans.
At present, it is not allowed to borrow funds between enterprises.
Article 61 of the General Rules for Loans of the People's Bank of China "Administrative departments at all levels, enterprises and institutions, cooperative economic organizations such as supply and marketing cooperatives, rural cooperative foundations and other foundations shall not engage in financial business such as deposits and loans. Enterprises shall not handle lending or disguised lending financing business in violation of state regulations. "
The Supreme People's Court's reply on how to make a ruling on inter-enterprise capital lending has not yet earned the lender interest. The reply said, "Administrative departments, enterprises and institutions. Funds such as joint-stock cooperative economic organizations, supply and marketing cooperatives, and rural cooperative foundations grant loans without authorization; If an enterprise borrows without authorization or in disguised form, the People's Bank of China will impose a fine of 1 times and less than 5 times on the lender according to the illegal income, and the People's Bank of China will ban it. "