Legal basis: Article 40 of the Law of People's Republic of China (PRC) on the Promotion of Small and Medium-sized Enterprises. The State encourages all kinds of social intermediary agencies to provide information consultation, investment and financing, loan guarantee, legal consultation and other services for small and medium-sized enterprises. In addition, the agency fee charged is also legal. Because there will be some expenses in the process of loan, such as insurance premium, agency fee and entertainment fee.