According to the Provincial Department of Finance, on June 15, Fujian established the seventh phase of a 10 billion yuan special fund loan to relieve small, medium and micro enterprises to increase production and efficiency, based on the previous six phases of 60 billion yuan in scale bailout loans. , supports small, medium and micro enterprises that are facing temporary liquidity difficulties due to the epidemic.
The bank provides preferential loans to qualified enterprises with an interest rate not exceeding the one-year loan market quotation rate (LPR) + 50 basis points. Among them, the single-family loan limit for small, medium and micro enterprises and individual industrial and commercial households shall not exceed 10 million yuan respectively. and , the provincial finance department will provide an interest discount of 1% of the loan amount.
This phase of the special bailout loan will focus on supporting industries such as transportation, catering, accommodation, and tourism that have been greatly affected by the epidemic. For enterprises in key industries that have enjoyed the previous six phases of bailout loans, are eligible for this phase of bailout. If you meet the conditions, you can apply for again. Enterprises in other industries that have already enjoyed will not enjoy it again.
Banks participating in the issuance of funds for the seventh phase of the bailout to increase production and efficiency include provincial branches of Industrial and Commercial Bank of China, Agricultural Bank of China, and Bank of China. There are 26 provincial corporate banks including the credit system.
Source: Fujian Finance
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