Notice in relation to “Administrative Measures for the Guarantee Fund and Interest Subsidy Fund of Entrepreneurship Secured Loans in Foshan Municipality”
12 March 2025
The Foshan Municipal Human Resources and Social Security Bureau (“the authorities”) issued the “Notice in relation to “Administrative Measures for the Guarantee Fund and Interest Subsidy Fund of Entrepreneurship Secured Loans in Foshan Municipality” (“the Notice”) on 12 March 2025. The authorities proposed that the maximum loan amount for individuals and small-and-thin-profit enterprises shall be RMB500,000 and RMB5 million respectively. For eligible entrepreneurship secured loans, a financial subsidy will be granted at 50% of the actual loan interest. The Notice is effective until 31 December 2027.