Core Tip: To apply for the establishment of a small loan company, you need to have the articles of association, registered capital, organization, business premises, etc. Below, Bian Xiao Legal News will introduce the conditions for the establishment of microfinance companies in detail. A small loan company is a limited liability company or a joint stock limited company that operates small loans, is invested by natural persons, corporate legal persons and other social organizations, and does not absorb public deposits. Adhere to the basic strategy of "small amount of quick loans, paid use and sustainable development" and follow the business philosophy of "safety, mobility and efficiency". The establishment condition of a small loan company is 1. Having articles of association that conform to the Company Law of People's Republic of China (PRC); 2. If the micro-loan company is organized as a limited liability company, its registered capital shall not be less than 20 million yuan; If the organization is a joint stock limited company, the registered capital shall not be less than 30 million yuan. The maximum registered capital of a microfinance company is 200 million yuan; 3. There are directors, senior managers and staff with corresponding professional knowledge and experience who meet the requirements of post qualifications; 4. Have a sound organization, business operation procedures and risk control system; 5. Having business premises, safety precautions and other necessary facilities that meet the requirements; 6. Other prudent conditions The establishment of microfinance companies must meet the above conditions. Microfinance companies can only be established in agricultural areas at county level and cities, and non-agricultural areas may not be established.