Legal basis: Notice on Strengthening the Supervision and Management of Small Loan Companies (III) Appropriate external financing. The balance of capital incorporated by a microfinance company through non-standardized financing forms such as bank loans and shareholder loans shall not exceed 65,438+0 times of its net assets; Through the issuance of bonds, asset securitization products and other standardized forms of creditor's rights assets, the balance of the incorporated funds shall not exceed 4 times of its net assets. According to the regulatory needs, the local financial regulatory authorities may lower the highest proportion of the above-mentioned external financing balance to the net assets.