A: Borrow: Bank deposit.

Loan: special payable-special fund for risk compensation

Is government risk compensation a fund?

Risk compensation fund (hereinafter referred to as "risk compensation fund") refers to the SME credit business model in which the government sets up risk compensation fund as a means to increase the loan amount issued by banks, and the government and banks bear the risks in proportion.

In this way, the government can control the risks of banks and reduce the financing costs of enterprises. At the same time, the government supports the development of cultural and creative enterprises, not by directly subsidizing loans, but by upgrading the credit of loans from banks and financial institutions to help enterprises obtain necessary financial support. After enterprises tide over the difficulties, the risk compensation will flow back to the cash pool and continue to play a role in helping other enterprises develop. The establishment of risk compensation will guide the financial funds not to "transfusion"

Risk compensation fund is different from guarantee or mortgage, and enterprises do not need to pay extra fees when obtaining risk compensation and credit enhancement.

Risk compensation system of SME guarantee institutions: risk compensation consists of three parts: first, the government at the same level subsidizes 3-5% of the registered capital every year; The second is to exempt the business tax of the guarantee industry and levy the income tax of the guarantee industry, which will be paid in full in the next fiscal year to support the guarantee institutions; The third is the other business income of the guarantee institution, forming a trinity guarantee loss supplementary injection mechanism.