Is it legal for companies to lend money to individuals?

It is legal for companies to lend money to individuals according to law. A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest. A legally established loan contract is protected by law, and the loan interest shall comply with the law. However, the company may not provide loans to directors, supervisors and senior managers directly or through subsidiaries.

legal ground

Article 667 of the Civil Code of People's Republic of China (PRC)

A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.

Article 668

A loan contract shall be in written form, unless otherwise agreed between natural persons.

The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 1 15 of the Company Law of People's Republic of China (PRC).

The company shall not provide loans to directors, supervisors and senior managers directly or through subsidiaries.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.