Hubei Province’s first “talent loan”initiative, the Science and Technology Talent Loan offered by Sanxia Bank, has extended cumulative credit exceeding 100 million yuan and disbursed over 75 million yuan since its official launch in late April 2025.

　　This financial product provides direct credit and interest rate reductions based on talent classification. Every qualified applicant can obtain a maximum credit limit of 10 million yuan, with 3 million yuan accessible through mobile banking for convenient withdrawal. The loan features a 7-year maximum term, offers annual interest rates below conventional commercial loans, and requires no collateral. Eligible science and technology companies and professionals need only complete talent classification verification via the WeChat mini-program “Yichang Talent Code”before submitting their online application to access instant approval and disbursement services. (Reporter/Song Xiaoxiao, Correspondent/Du Xiaohu)