As entrepreneurship flourished, many chose to apply for entrepreneurship loans as a financial pillar. How to apply for interest-free start-up loans has become a focus of concern. The following are easy to understand steps and illustrations。

How to apply for an interest-free start-up loan

First, applicants are required to prepare personal identification documents and travel to local communities to issue certificates of start-up loans。

Secondly, applicants are required to print the detailed personal call records of the People ' s Bank. This record needs to show that for a period of five years from the date of the application for a business start-up guarantee loan, there is no record of any commercial bank loan other than a grant loan, a home loan in the first home and a car purchase loan。

Applicants are then required to apply for a business licence and submit all materials to the IESS Business Guarantee Loan Centre for approval。

If the materials are approved, the applicant enters into a guarantee contract with the Business Guarantee Loan Centre and then a loan contract with a commercial bank. Finally, it is only necessary to wait for the bank to issue the loan。

As for the repayment of individual interest-free start-up loans, there are two types of repayments: one for one year and one for more than one year, and the other for more than one year, the repayment may be in the form of an equivalent principal or equivalent principal or in other ways agreed upon by the parties。