How to apply for a guaranteed loan for entrepreneurship in Ningbo (Ningbo guaranteed loan for entrepreneurship implementation rules)

Entrepreneurial loan application process:

1, the borrower can apply for entrepreneurial loan qualification to the business license or certificate of registration of the unit on the residence of the street human social security service agencies, and accordingly provide the following materials:

① "individual entrepreneurial loan qualification application form";

② first time for the first time, you need to have a social security card or resident identity card original, Hong Kong, Macao and Taiwan residents original residence permit, foreigners permanent residence permit;

③ entrepreneurship training course students need to provide the original certificate of completion of entrepreneurial training courses and business project plan, business premises lease contract or own premises certificate of the original;

④ entrepreneurship competition winners need to provide the organizers of documents, certificates of awards, award-winning link award-winning materials;

⑤College graduates and students within 5 years of graduation are required to provide proof of their academic qualifications;

⑥Proof of production and operation.

Borrowers can only apply to one bank at a time for an entrepreneurial loan. If a partnership has more than one managing partner, only one of the managing partners can apply for the business guarantee loan in the same loan cycle.

2. After receiving the materials, the street human resources and social security service agencies will complete the acceptance, audit and review work, provide feedback to the applicant on the results of the determination, and submit the "Individual Entrepreneurial Guaranteed Loan Eligibility Recognition Application Form" with the determination opinion and the relevant loan application materials to the bank that handles the application.

3. Within 10 working days upon receipt of the loan application, the bank will investigate and review the borrower's business project, credit status, and solvency and make a decision on whether or not to lend money. If the conditions of the loan are met, the bank shall sign a loan contract with the borrower and issue the loan; if the conditions of the loan are not met, the bank shall promptly notify the borrower and explain the reasons. The bank should provide monthly feedback to the human resources and social security departments of the districts and counties on the disbursement of guaranteed loans for entrepreneurship.

Loan interest rate

Since August 17, 2020, the maximum interest rate for new guaranteed loans for entrepreneurship issued by financial institutions shall not exceed 100 basis points above the LPR, which shall be determined by the bank in consultation with the borrower and the borrowing enterprise based on the borrower's and borrowing enterprise's business status, creditworthiness, and other factors.

Loan term

The bank shall determine the repayment method of the guaranteed loan and the interest calculation and settlement method according to the borrower's business activities and liquidity situation. Loan period of no more than one year each time, the maturity of the principal and interest payments, while meeting the following conditions can be renewed for two times:

1) no adverse credit record in the previous loan period;

② normal production and operation of service activities, no significant loss phenomenon;

3) no production and operation beyond the scope of the behavior occurs;

4) no other violation of the provisions of the bank.

These are

Of these, the number of exemptions from counter-guarantee loans recommended by the municipal fixed-point training organizations is one.