By August 11,the“guaranteed loans for startups”onYichang online financial service hall has exceeded 1 billion yuan.Atotal of 7,774 credit accounts with 1.433 billion yuan and 5,493 loan accountswith 1.01 billion yuanare realized.

　　Based on the cooperation between Human Resources and Social Security Bureau,Financial and Monetary departmentsand financial institutions and guarantee companies,the“guaranteed loans for startups”, the first leading product of online financial service hall,givesfull play to the role of “portrait” of government dataincredit enhancement, explores the handling of “three difficulties” in financing for entrepreneurs and individual businesses, realizing the transition from “on-site business” to “online business”.

　　The “guaranteed loans for startups” online system brings convenience for entrepreneurs to apply for loans and improves auditing efficiencyof banks and departments. Entrepreneurs simply fill in basic information online, additional information will be automatically supplemented by database, which saves more than 40 pages of copying materials, and the application workload is reduced by more than 90% compared with offline.The audit time is shortened from 3to 5 days offline to 3 minutes online, and the whole processing cycle is shortened from 45 days to about 7 days (including the publicity period).

　　Since its online operation on April 24, 2019, the online and offline loaning in 2019 has exceeded 1 billion yuan, accounting for a quarterin thewholeprovince. At present, “guaranteed loans for startups” business has fully covered the five districts, five counties and three county-level cities of Yichang. (Reporter Zou Yuan, correspondent Yuan Dandan)