What are the conditions for starting a business loan and how much can I borrow?

1. What are the conditions for starting a business loan and how much can I borrow?

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1. identification and business premises

The loan applicant must have a legal and valid identity certificate, proof of legal residence in the place where the loan bank is located, and a fixed residence or business place. The certificate of fixed residence can be the real estate license (or the real estate license of parents' names), and the certificate of business place should hold the business license issued by the administrative department for industry and commerce and the business license of related industries, indicating that it is engaged in normal production and business activities.

2. Proof of funds

The loan applicant's investment project requires that he already has some self-owned funds. This is an important condition for banks to measure whether to lend, because the amount of venture loans generally does not exceed 70% of the total amount of funds needed by lenders for normal production and business activities and for purchasing (installing or repairing) small equipment and franchising.

3. Settlement account

The loan applicant must open a settlement account with the loan bank, and the operating income must be settled by the bank. Moreover, the purpose of the loan conforms to the provisions of relevant national laws and bank credit policies, and shall not be used for other speculative investment projects such as equity.

4. Letter of loan guarantee

Loan applicants need to provide certain guarantees, including real estate mortgage, certificate of deposit pledge, third-party guarantee, etc. In addition, they should also provide banks with some information about their credit status, repayment ability and loan investment as much as possible, which will increase the credibility of loans and help them get loans smoothly.

Interest on risky loans

1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is:

Interest = cumulative interest-bearing product × daily interest rate, where cumulative interest-bearing product = total daily balance.

2. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term, with three details:

If the interest-bearing period is a whole year (month), the interest-bearing formula is:

① Interest = principal × year (month )× year (month) interest rate

If the interest-bearing period is a whole year (month) and days, the interest-bearing formula is:

② Interest = principal × year (month) × year (month) interest rate principal × odd days × daily interest rate.

At the same time, banks can choose to convert all interest-bearing periods into actual days to calculate interest, that is, 365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is as follows:

③ Interest = principal × actual days × daily interest rate

Generally speaking, the interest rate of college students' entrepreneurial loans can be lowered by 20% according to the same grade interest rate stipulated by the People's Bank of China, and some local governments also discount it. The term of venture loan is generally 1 year, and the longest is no more than 3 years.

Second, what are the conditions for Yunnan college students to start a business loan?

College Students' Entrepreneurship Loan in Yunnan Province:

First, the application conditions:

1, college degree or above

2. I have not been employed for more than 6 months after graduation and have been unemployed in the local labor and social security departments.

Second, the loan period:

The term is 1 ~ 2 years, and there is no financial discount after 2 years.

Three. Loan method:

The way for college graduates is to guarantee and mortgage.

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Specific operation method can be to the local

In addition, there are other preferential policies for college students to start their own businesses, such as industrial and commercial registration and administrative fees for management.

Verb (abbreviation of verb) application materials:

When applying for such loans, three points are more important:

First, it is still a business place;

Second, business license and business license, stable income and ability to repay principal and interest;

The third and most important point is that the projects invested by entrepreneurs already have their own funds.

Only those who meet the above conditions can apply to the bank. The materials to be provided at the time of application mainly include: proof of marital status, proof of repayment ability such as personal or family income and property status; Agreements and contracts related to the purpose of the loan; Guarantee materials, including ownership certificate, list of collateral or pledge, and evaluation report approved by the bank.

In addition to written materials, there must be collateral. There are many mortgage methods, such as chattel and real estate mortgage, time deposit certificate pledge, securities pledge, movable property pledge with strong liquidity, qualified guarantor guarantee, etc. The payment amount is determined according to the specific guarantee method.

The amount of risk loans generally requires:

① The maximum amount shall not exceed 7% of the total liquidity required by the borrower for normal production and business activities, purchase (installation or repair) of small equipment (machines and tools) and franchise chain operation.

(2) The term is generally 2 years, with a maximum of 3 years, of which the longest term of working capital loans for production and operation is 1 year;

(3) Personal business loans shall be subject to the fixed loan interest rate promulgated by the People's Bank of China, which may fluctuate within the prescribed range.

Loan repayment method:

1 (including one year) for personal business loans, the principal and interest will be repaid in one lump sum at maturity, and the profits will be paid off with the principal;

2. For individual entrepreneurial loans with a loan term of more than one year, the repayment method of loan principal and interest can be equal principal and interest repayment method or average capital repayment method;

3. It can also be agreed by both parties.

Three, the conditions of college students' entrepreneurial loans

Spread out completely

The birth of these phased products has solved the needs of college students now. For example, college students can choose stages according to their own needs, and the period is 1 to 24 months, which is still very good.

Four, college students' entrepreneurial loan conditions

The conditions for college students to start a business loan are:

1. Applicants applying for college students' entrepreneurial loans must be China citizens who have reached the age of 18 and have full civil capacity;

2. A business license issued by the administrative department for industry and commerce and a business license of related industries are required;

3. I have certain venture capital, good repayment ability and stable income, and need to apply for a loan at my permanent residence;

4. The applied loan needs to be used within the prescribed scope of use;

5. Open a settlement account in the bank.

Not only that, but also meet the following conditions:

1, college degree or above;

2. After graduation, he has not been employed for more than 6 months, and has registered unemployment in the local labor and social security department.

College students' entrepreneurship loan is an unsecured and unsecured credit loan for college students (undergraduates, postgraduates, doctoral students, etc.). ) issued by banks and other fund issuers.

In order to support college students' entrepreneurship, governments at all levels have introduced many preferential policies, involving financing, business opening, taxation, entrepreneurship training, entrepreneurship guidance and many other aspects.