Legal analysis: within the scope stipulated by laws and regulations, the capital balance obtained by microfinance companies from banking financial institutions shall not exceed 50% of net capital. The interest rate and term of the capital will be determined by the microfinance company and the corresponding banking financial institutions through independent consultation, and the interest rate will be determined based on the "Shanghai Interbank Offered Rate".
Legal basis: Article 667 of the Civil Law of People's Republic of China (PRC) is a loan contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.