Small-sum secured loan for starting a business refers to a loan business that is funded by the government to set up a guarantee fund, entrust a guarantee institution to provide loan guarantee, and is issued by the handling commercial bank to solve the problem of insufficient self-raised funds needed by people who meet certain conditions to start a business, including start-up funds and working capital for self-employment, self-employment or partnership organizations. Conditions for applying for a small secured loan for starting a business. Under normal circumstances, if you want to apply for a small secured loan, you must attend an entrepreneurship training first, and then submit an application for a small secured loan to the community labor and social security department where the entrepreneur is registered. Of course, in addition to this small secured loan application, you also need ID card, employment or unemployment registration certificate, project report, graduation certificate and various materials required by local guarantee institutions. Policies in this regard are different.

Nationwide, eligible applicants include college graduates, returning migrant workers, retired soldiers with valid certificates and unemployed people approved by the labor and social security department. Most of the small-sum secured loans for business start-ups are relatively small, with the online maximum amount of 8000-65438+ 10,000 yuan. The term of the discount loan is relatively short, usually two years, but you can apply for an extension after the expiration, and you need to pay interest during the extension. Basically, this kind of small secured loan will require a third party to provide guarantee, but entrepreneurs should pay attention to three points.

1. Husband and wife cannot guarantee each other;

Second, people with household registration outside the loan place cannot guarantee;

Third, retirees cannot guarantee. The amount and duration of the small secured loan application.

The state stipulates that the maximum amount of personal application should not exceed 50,000 yuan, and different regions have different regulations on the amount of small secured loans, and the amount in many regions is even higher than 50,000 yuan. Partnership loans are bigger. The loan guarantee period generally does not exceed 2 years, which can be extended by 1 year.