Overview
The Personal Business Loan is an RMB loan issued by ABC to finance the borrower's lawful business activity.
Benefits
1. Broad spectrum of target customers. The loan can be extended to natural persons engaged in lawful business activities, including the self-employed, owners of sole proprietorships, partners of partnerships, and contractors or lessees of unincorporated private enterprises.
2. High credit line. A single borrower may borrow up to RMB5 million.
3. Flexibility and multiple options. Unsecured loan limit + guaranteed loan limit + mortgage loan limit + pledge loan limit.
4. The credit limit may be used recurrently once determined.
5. Self-service borrowing and repaying provides ease and convenience.
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