According to the "Regulations on the Management of Risk Compensation Funds in People's Republic of China (PRC)", the provincial finance can give a certain proportion of risk compensation to the non-performing principal of the loan on record. Filing loan refers to the loan that the borrowing project has been filed by the relevant departments and supported by financial allocation. The introduction of this policy aims at alleviating the financial pressure of borrowers and promoting their development. Under normal circumstances, the proportion of risk compensation given by the provincial finance according to the recorded non-performing principal of loans ranges from 15% to 50%, and the specific amount is agreed in the loan agreement and needs to comply with relevant policies and regulations. In addition, in addition to the risk compensation for bad principal, other risk compensation measures will be set up in some areas according to different situations to help enterprises solve the capital problem and promote economic development. It should be noted that the realization of risk compensation needs to meet certain conditions. For example, if the borrower needs to repay the loan on time, it must meet the loan conditions and financial conditions stipulated by relevant policies. At the same time, the provincial finance should also supervise and evaluate the risk compensation projects to ensure the safety and feasibility of the use of funds.
What is a recorded loan? What are the benefits of filing a loan? Filing loans refer to loans whose projects have been filed by special departments and supported by financial allocations. Compared with ordinary loans, filing loans have the advantages of reducing interest burden and getting more support from the government. In addition, enterprises that have obtained loans for filing can also enjoy some policy support such as tax reduction and exemption to help enterprises develop and grow faster.
The provincial finance gives a certain proportion of risk compensation from the bad principal of registered loans, aiming at alleviating the financial pressure of borrowers and promoting economic development. The amount of risk compensation is stipulated in the loan agreement and must comply with relevant policies and regulations. In addition, the borrower must repay the loan on time and meet the requirements of the loan conditions and financial status for the record, and the provincial finance should also supervise and evaluate the risk compensation projects.
Legal basis:
"Regulations on the Management of Risk Compensation Fund in People's Republic of China (PRC)" Article 9 The proportion of risk compensation given by the provincial finance to the non-performing principal of loans within the scope of these regulations shall be determined by the provincial finance department in consultation with the relevant departments and borrowers, and the relevant departments shall supervise and evaluate the loan projects and the financial status of borrowers.