Policy Requirements For Small Secured Loans

Laid-off workers, who are less than 60 years old, honest and trustworthy, have certain labor skills and entrepreneurial abilities, can make loans for self employment, self employment or partnership.

The loan is guaranteed by the government. The maximum amount of the loan is not more than twenty thousand yuan, the longest period is not more than 2 years. The repayment method and the interest bearing method are agreed by the two parties.

For laid-off workers in the community, streets, industrial and mining areas engaged in family handicraft, repair and repair, book lending, hotel services, catering services, washing and dyeing, sewing, copying, typing, hairdressing, snack sales, moving, time service, family cleaning services, primary health care services, infant care and education services, disabled children's education and training and care services, pension services, patient care, child care, child care and student services, etc., the central government gives full discount.

To apply for small loans, the borrower should meet the following requirements: 1, hold the "re employment permit" issued by the labor and social security department.

2, there is a certain amount of its own funds.

3, there are loan projects and feasibility analysis and implementation plan.

4. Take part in entrepreneurship training and have corresponding operational capability.

5, good personal reputation, no bad credit record or other illegal activities.

6, there are fixed establishments.

After obtaining the loan, the borrower shall perform the following obligations: 1, be honest and trustworthy, strictly fulfill the contractual obligations, and consciously accept the post loan management and financial supervision of the loan banks and guarantee institutions, so as to ensure the reasonable use of the loan.

2, we should give priority to the local laid-off and unemployed people by increasing the number of jobs in the development of loans.

3, in accordance with the repayment plan signed by the loan bank, timely repayment of principal and interest and good credit record.