☆ Introduction
A secured RMB loan released to borrower as working capital for legal business operation. This is a loan to help you succeed in your business.

☆ Features
1. Those who engaged in normal, legal business operation are all eligible to apply for Personal Business Loan regardless of any business entities established.
2. High credit line, up to RMB 3 million.
3. Long loan term, flexible repayment.

☆ Application Conditions
1. A natural person without business entity has to meet with the following conditions before application:
(1) China citizen with full civil capacity, under 55 (included), live where lending bank is located and has registered permanent residence.
(2) Personal credibility of Class A (included) or above from ICBC.
(3) Good credibility and sincerity to repay. No default record in ICBC, personal credit system of Peoples' Bank of China in other personal credibility system.
(4) Stable employment.
(5) Stable income source and ability to repay principal and interest in full on time.
(6) Borrower is a Customer of ICBC Elite Club Account or a customer of ICBC Personal Housing Loan or Personal Consumable Loan over a year and without any default record (included Customer with loan already settled).
(7) Ability to provide legal, valid and reliable pledge or mortgage recognized by ICBC.
(8) Personal Settlement Account opened in ICBC.
(9) Other conditions stipulated by ICBC.

2. A natural person with business entity should meet with the following conditions before application:
(1) China citizen with full civil capacity, under 60 (included), lives where lending bank is located and has registered permanent residence or valid residential proof.
(2) Personal credibility of Class A (included) or above from ICBC.
(3) Borrower and his/her business entity have good credibility and sincerity to repay. No default record in ICBC and in other financial institutions.
(4) Stable income source and ability to repay principal and interest in full on time
(5) Ability to provide legal, valid and reliable pledge, mortgage and guarantee recognized by ICBC.
(6) Over a year of experience in business operation with good record. Operation period is over one year (included) in principle.
(7) Personal Settlement Account opened in ICBC.
(8) Good operation, stable cash flow.
(9) Product can be sold in market, good efficiency, and good prospect.
(10) Business entity (including Individual industrial and commercial business, Individual wholly-owned enterprise and partnership) owned by borrower and his/her spouse obtains no financing from ICBC.
(11) Other conditions stipulated by ICBC.

☆ Credit Line
Maximum line of credit: RMB 3 million.

☆ Loan Term
1 year (inclusive) in general, maximum 3 years.

☆ Loan Rate
Follows PBC rate of same class same term, and float upward accordingly (Loan Rate) .

☆ Repayment
Loan with term within a year (inclusive) has interest paid monthly or quarterly, or single repayment of principal. Loan with term over a year has interest and principal repaid monthly.

☆ Documents Needed
1. Borrower without business entity fills in written application form and submits the following to ICBC:
(1) ID Card, Permanent Residence Booklet, residential address proof, marital status proof of borrower and spouse.
(2) Evidence of individual employment.
(3) Income proof or repayment evidence such as personal asset.
(4) Elite Club Account Card or Borrower's Ledger Processing Slip of ICBC Personal Housing Loan or Personal Consumable Loan.
(5) Proof of loan usage (Ex: Purchasing Contract).
(6) Submit Pledge Voucher if using pledge to guarantee. Pledge using third party's right also has to submit identity proof of the person to pledge, written evidence to agree to pledge. If guaranteed by mortgage, Submit House Ownership Certificate, Appraisal Report, written evidence from property co-owner to agree on mortgage. Mortgage using third party's property also has to submit ID card of the property owner and spouse, written evidence from property owner to agree on mortgage.
(7) Other documents stipulated by ICBC.

2. Borrower with business entity fills in application form and submits the following:
(1) ID Card, Permanent Residence Booklet or valid residence proof, residence address proof, marital status proof of borrower and spouse.
(2) Income proof or repayment evidence such as personal asset.
(3) Proof of loan usage (Ex: Purchasing Contract).
(4) Evidence document that business entity agree to undertake guarantee with Guarantee Certificate and the Guarantee Contract signed.
(5) Submit Pledge Voucher if using pledge to guarantee. Pledge using third party's right also has to submit identity proof of the person to pledge, written evidence to agree to pledge. If guaranteed by mortgage, Submit House Ownership Certificate, Appraisal Report, written evidence from property co-owner to agree on mortgage. Mortgage using third party's property also has to submit ID card of the property owner and spouse, written evidence from property owner to agree on mortgage.
(6) Business License that passed the annual check, Tax Registration Certificate, Company Memorandum or Partnership Agreement and Capital Verification Report, Investment Agreement. Business Permit for special industry has to be submitted also if the operation engaged is a special industry.
(7) Details of Bank Settlement Account that reflect the operation in recent years.
(8) Evidence of property ownership or rental for business place and detail address.
(9) Other documents stipulated by ICBC.

☆ Operation Guide
1. Application. Customer submits application to ICBC, fill in application form and submit necessary documents.
2. Sign Contract. After ICBC verify and approve the application submitted by borrower, both parties sign Loan Contract, Guarantee Contract and proceed to notary and mortgage registration if necessary.
3. Release Loan. Loan that ICBC approved will be released to the personal settlement account designated by borrower through transfer after all formalities are completed.
4. Repay when due. Repay principal and interest of loan according to the repayment plan stated in Loan Contract.
5. Clear the Loan. Two types: normal settlement and settle in advance. Normal settlement: clear the loan at maturity (single repayment of principal and interest) or in last installment (repay by installment). Settle in advance: Before loan matured, borrower submits application to repay all or part of the loan stated in Loan Contract. Repay at the specified accounting counter when ICBC approved. After loan is cleared, borrower gets back the legal instrument and documentation retained by ICBC with own valid ID document and the loan settlement voucher issued by ICBC. Cancel the record of mortgage at the original mortgage registry as well.

(The above is only for reference. Details refer to local ICBC branches. To save your time, please consult local ICBC before application).