The advantages of full discount are as follows:
Full discount is conducive to reducing the cost of enterprise products, increasing enterprise profits and increasing fiscal revenue. The state will subsidize some interest for borrowers, and if they meet the requirements, they can even apply for a two-year interest-free discount, which can alleviate a lot of pressure in the early stage of starting a business. Since the financial discount is first used for national key construction projects, it is conducive to adjusting the investment structure and rationalizing the industrial structure.
Generally speaking, there are more partial discounts and fewer full discounts. Moreover, the time of financial discount does not include all cycles of borrowing. After a period of discount, the interest rate returns to the interest rate set by financial institutions. If the applicant wants to enjoy the full discount loan, he needs to meet the relevant conditions stipulated by the bank.