The handling bank shall, according to the borrower's business activities and capital turnover, determine the repayment method and interest settlement method of the venture guarantee loan. The loan term shall not exceed 1 year at a time.

Second, the conditions for renewing the loan

After the principal and interest are repaid at maturity, the loan meeting the following conditions can be extended twice:

① There is no bad credit record during the previous loan duration;

② The production, operation and service activities are normal, with no significant losses;

③ No behavior beyond the scope of production and operation has occurred;

(4) Others did not violate the provisions of the handling bank.

Among them, the number of loans without counter-guarantee recommended by municipal designated training institutions is 1.

Third, the loan materials

1. Application Form for Qualification Confirmation of Personal Business Guarantee Loan;

2. The original social security card or resident ID card, the original residence permit for Hong Kong, Macao and Taiwan residents and the original permanent residence permit for foreigners are required for the first application;

3. Graduates of entrepreneurship training courses are required to provide the original certificate of entrepreneurship training courses and the original business project plan, business premises lease contract or proof of their own premises;

4. Entrepreneurial contest winners need to provide the organizer's documents, award-winning certificates, award-winning links and other award-winning certification materials;

5. College graduates and students are required to provide academic certificates within 5 years of graduation;

6. Production and operation certification materials.