Eligible college graduates who start their own business can apply for a guaranteed loan of up to RMB 200,000 for individual business start-ups, with interest subsidised by the government.
For joint ventures, the loan amount may be appropriately increased according to the number of eligible joint ventures.
When submitting an application for a guaranteed business start-up loan, except for student loans, loans for poverty alleviation, housing loans, loans for car purchases and small consumer loans (including credit card spending) of less than RMB 50,000, the applicant and his/her spouse should have no other loans.