How long is the loan period for small and micro enterprises?

Wuhan Rongkun Finance: In principle, the loan term is one year (inclusive). For enterprises that operate stably and can provide high-quality real estate mortgage, the longest loan period shall not exceed three years (inclusive).

What is the loan repayment method of small and micro enterprises?

For loans within one year (inclusive), monthly and quarterly interest payments can be used to repay the principal; For loans with a term of more than one year, the principal and interest of the loan should be repaid monthly or quarterly according to the business situation and cash flow of the enterprise.