Conditions for bank interest-free loans:

1. Chinese citizens aged 18 to 45 years old, with full capacity for civil conduct;

2. Have a fixed Proof of residence and business premises. The proof of fixed residence can be a real estate certificate (the real estate certificate in the name of the parents is also acceptable), and the proof of business place should hold a business license issued by the industrial and commercial administration authority and a business license for related industries, indicating that it is engaged in normal production and business activities.

3. Proof of funds. Loan applicants’ investment projects require that they already have a certain amount of their own funds. This is an important condition for banks to consider whether to lend money, because the amount of a business loan generally does not exceed 70% of the total working capital required by the borrower for normal production and operation activities, as well as the purchase (installation or repair) of small equipment and franchise chain operations. .

4. Settlement account. Loan applicants must open a settlement account with the lending bank, and business income must be settled through the bank. Moreover, the purpose of the loan complies with relevant national laws and the Bank's credit policy regulations, and is not allowed to be used for other speculative investment projects such as equity interests.

5. Loan guarantee. Loan applicants need to provide certain guarantees, including real estate mortgage, deposit certificate pledge and third-party guarantee. In addition, they need to provide some information about their credit status, repayment ability and loan investment to the bank as much as possible, which will increase the integrity of the loan. degree in order to obtain a loan smoothly.

6. Good reputation and no bad records;

7. The project is in line with national industrial policies and regional economic development, and has good economic and social benefits. If entrepreneurs want to apply, they can consult with the local labor department. At present, the relevant plan has not yet been determined whether the individual will pay the interest first and then receive financial subsidies, or the government will prepay the interest. However, the financial interest subsidy is certain.

The conditions for interest-free loans from each bank are different, but the above items need to be met, and there will be more procedures. Everyone must prepare all the information before taking the loan to avoid wasting money running back and forth. time.

Extended information:

Policy support

In order to support the development of entrepreneurial guaranteed loans, small guaranteed loans are adjusted to entrepreneurial guaranteed loans, targeting those with entrepreneurial requirements and qualifications For key employment groups and people in need who have certain entrepreneurial conditions but lack entrepreneurial capital, the availability of financial services will be improved, and support objects, standards and conditions will be clarified. The maximum loan amount will be 50,000 yuan, 80,000 yuan, and 100,000 yuan for different groups. The amount will be uniformly adjusted to 100,000 yuan, and the interest will be fully subsidized by finance at all levels.

Application conditions

You can apply only if you meet the following conditions for interest-free loans for entrepreneurship for migrant workers:

1. Registered with the industrial and commercial department;

2. Have a fixed business site and a certain amount of self-owned capital;

3. Projects must comply with relevant national laws, regulations, and policies;

4. Self-financing The funds should not be less than 40% of the funds required for the project;

5. No bad records and good credit;

6. Should pass entrepreneurship training and obtain an entrepreneurship training certificate.

Affected by the rapid spread of the international financial crisis, my country's economic situation has continued to decline this year, and the impact on agricultural and rural development has continued to appear. In particular, farmers' employment difficulties have intensified and some migrant workers have returned to their hometowns, which will It will have a negative impact on farmers’ employment and income growth. In order to promote the employment and entrepreneurship of returning migrant workers, the state has introduced preferential policies to encourage returning migrant workers.

1. Loan Scope and Targets

Migrant workers from Chongqing who are engaged in non-agricultural self-employment or partnership business in Chongqing (including returning entrepreneurs and labor brokers, the same applies hereunder) ); small businesses or partnership entities that have recruited more than 30 migrant workers from Chongqing (who have signed a labor contract with the enterprise for more than one year and participated in social insurance) can be operated by individuals, small businesses or partnerships in accordance with relevant regulations. Entities apply for small secured loans.

2. Basic conditions for loans

Applicants for small-amount secured loans must be men under 60 years old and women under 55 years old, have full capacity for civil conduct, be in good health, and be honest and trustworthy. , In principle, they should have received entrepreneurial training and have certain entrepreneurial abilities; have a fixed business site and a certain amount of self-owned capital;

The business projects they engage in are low-profit projects (industries expressly restricted by the state such as construction) , advertising industry, housing agency, pawn, sauna, massage, Internet cafe, oxygen bar, and beauty, hairdressing, water bar, bar, foot washing, engaged in finance and insurance industry, post and telecommunications industry, entertainment industry, sales of real estate, transfer of land use rights, etc. except).

3. Procedures

Migrant workers who come to the city to start their own business and engage in self-employment must obtain the residence permit with the industrial and commercial registration certificate, tax registration certificate and residence permit issued by the industrial and commercial, taxation and public security departments. When applying for a small-amount guaranteed loan from the affiliated neighborhood (village) committee, those returning to their hometowns to start a business must also provide a working certificate issued by the neighborhood (village) committee where their household registration is located, and labor brokers must also provide a valid certificate issued by the broker association.

Partnership entities or small businesses can apply for small guaranteed loans by their legal representatives at the neighborhood (village) committee where they have their registered permanent residence or where the business operates.

Small secured loans are mainly used for working capital of individual migrant workers, small businesses or partnership entities who have come to cities to start their own businesses.

IV. Interest Subsidy Method

When individual migrant workers, small businesses or partnership entities obtain small-amount guaranteed loans and repay the principal with interest on schedule, the finance department will provide an interest discount of 50%.

5. The loan amount, term, interest rate, rewards, loan repayment and interest payment, guarantee, mortgage (pledge) method, loan review and management, etc. are all in accordance with the original Chongqing Re-employment Project Leading Group Office Waiting for the implementation of the document "Chongqing Implementation Measures for Reemployment Small Loans" (Yuzaijiuban [2004] No. 2) jointly issued by the four departments.

6. This method will be implemented on a trial basis starting from January 2008.

Baidu Encyclopedia-Interest-free loans for entrepreneurship for migrant workers