Generally speaking, its interest rate 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 special college students' entrepreneurship loan is an unsecured and unsecured college students' credit loan issued by banks and other fund-issuing institutions. The so-called college students refer to college students, undergraduates, graduate students and doctoral students. The loan is a special loan set up by the state to provide a good environment for college students to start their own businesses. As long as you have a certain production and operation ability or have been engaged in production and operation activities, you can apply for funds for starting or re-starting, and you can get a special loan for starting a business after the bank recognizes the effective guarantee. The term of venture loan is generally 1 year, and the longest is no more than 3 years.