If you want to apply for a venture capital fund, you can submit an application to the relevant departments. The applicant meets the following conditions.

1. The applicant must be a natural person with the age of 18.

2. To apply for a venture capital fund, the applicant needs to have a legal and valid identity certificate, and to apply for a venture capital fund, a local residence permit is required.

3. The applicant shall apply for the business license issued by the administrative department for industry and commerce in advance and comply with the relevant business license documents.

4. Applicants need to go through legal business and production activities and have a stable income before they can repay the principal and interest.

What are the requirements for the loan amount?

Generally speaking, the amount of venture loan shall not exceed 70% of the total amount of the borrower's daily production and operation, purchase (installation and maintenance) of small equipment (machinery) and franchise;

The loan term is usually 2 to 3 years, and the longest working capital loan term for production and business activities is 1 year;

The interest rate of self-employed loans shall be implemented in accordance with the regular loan interest rate announced by the People's Bank of China, and may be appropriately adjusted according to the specific circumstances.