A company is an enterprise legal person, with independent legal person property, enjoying legal person property rights, and bearing civil liability for debts with all its property. The application procedure is simple and convenient, avoiding complicated evaluation and guarantee procedures.
2. Compared with banks, small loan companies are more convenient and quick, and are suitable for the capital needs of small and medium-sized enterprises and individual industrial and commercial households; Compared with private lending, microfinance is more standardized, and loan interest can be negotiated by both parties.
A small loan company is an enterprise legal person, which has independent legal person property, enjoys legal person property rights, and bears civil liability for its debts with all its property. Shareholders of small loan companies enjoy the right to return on assets, participate in major decisions and choose managers according to law, and are liable to the company to the extent of their subscribed capital contribution or subscribed shares.
3. Small loan companies shall abide by national laws and administrative regulations, implement national financial policies, implement financial standards and accounting systems of financial enterprises, and accept the supervision and management of governments at all levels and relevant departments according to law.
Small loan companies should implement the national financial policies, conduct business within the scope prescribed by laws and regulations, operate independently, be responsible for their own profits and losses, operate independently, and bear their own risks. Their legitimate business activities are protected by law and are not subject to interference by any unit or individual. Since the development of microfinance companies in China, the financing problem is often an obstacle to their development, but the microfinance companies that have been hungry for funds for a long time are welcoming nectar one after another. According to the rough statistics of relevant public information, Zhejiang, Guangdong, Chongqing, Xiamen, Hainan and other regions have relaxed the financing channels of microfinance companies, including allowing the transfer of credit assets through repurchase.
laws and regulations
People's Republic of China (PRC) sole proprietorship enterprise law
Article 9 To apply for the establishment of a sole proprietorship enterprise, the investor or his entrusted agent shall submit the application for establishment, the identity certificate of the investor, the certificate of use of the production and business premises and other documents to the registration authority where the sole proprietorship enterprise is located. When an entrusted agent applies for registration of establishment, it shall issue the power of attorney of the investor and the legal certificate of the agent. A sole proprietorship enterprise shall not engage in business prohibited by laws and administrative regulations; To engage in business that must be reported to the relevant departments for examination and approval according to laws and administrative regulations, the approval documents of the relevant departments shall be submitted when applying for establishment registration.