Half of the original loan term; The longest extension of long-term loans shall not exceed 3 years.

Loan extension refers to the behavior that the lender delays the repayment of the loan after applying to the loan bank and obtaining approval. If the loan cannot be repaid at maturity, the formalities for extending the repayment time shall be handled after approval.

It is a credit principle that enterprises must abide by, and it is also a prerequisite for banks to speed up the turnover of credit funds. If the enterprise fails to repay the loan on schedule due to special circumstances, it shall apply and explain the situation. After the approval of the bank, the repayment time can be extended, but the extension procedures need to be handled, otherwise it will be treated as overdue loans.

Under normal circumstances, apply to the loan bank for extension 30 working days in advance. The loan extension shall not be lower than the original loan conditions: the short-term loan extension shall not exceed the original loan term; The extension of medium-term loans shall not exceed