“Innovative guarantee, timely credit” Chouzhou Bank helps small and micro enterprises out of trouble

2022-06-10 0 By

At the beginning of the New Year, Mr. Li received a special “gift” from Zhejiang Chouzhou Commercial Bank Taizhou Branch.Not so long ago, he was worried about the liquidity crunch.It is understood that Mr. Li runs a Taizhou trading Co., LTD., which is mainly engaged in cross-border e-commerce business. Since its establishment four years ago, the company has been developing steadily.In recent years, due to the epidemic abroad, the shipping speed is slow, the collection cycle is long, especially around the New Year, the working capital was once tight, which makes Li Yinwei very anxious.In early January 2022, in advance to send financial service visits, condensed state bank taizhou branch after learned that the company has the financing demand, rapid response, to accept actively, and connecting with the small micro enterprise universal existence difficulty “guarantee”, in a timely manner and docking of a state-backed fund financing guarantee co., LTD for credit guarantee, only a few days,For the trading company to issue a credit line of 310,000 DOLLARS of small micro operating loans.Mr. Li excitedly said: “It is good to have such a guarantee company, stand in the position of our customers, effectively solve the small and micro enterprises guarantee difficult problem, for me to save nearly 60,000 yuan of financing costs.”Before the Spring Festival, many enterprises have certain pressure in their working capital turnover. A leisure products company in Dongcheng Town, Linhai City, Zhejiang Province, also encountered the same problem.In view of the fact that the existing assets of the enterprise and the owner have been mortgaged, Chouzhou Bank Taizhou Branch innovates the guarantee method, and plans to issue a working capital loan of 14 million yuan to the enterprise by taking the second lien of the existing small and micro park plant and the owner’s residence.Zhejiang Wenling before a CNC tool company need loans to build a new plant, due to the lack of collateral value, the bank also through innovation guarantee, to private enterprise equity pledge, production equipment mortgage and other ways to provide 40 million yuan credit fund support for the transformation and development of enterprises.In January 2022, Taizhou City, Zhejiang Province issued the “30 Measures to Promote Development, Expand Investment and Stabilize Growth”, which required to focus on strengthening credit support for major projects, manufacturing, foreign trade, scientific and technological innovation, green and low-carbon, and common prosperity, and give full play to the role of inclusive small and micro loan support tools.The “zero cycle, zero threshold, zero fee” non-repayment loan renewal business will be promoted on a wider scale to reduce the capital cost of small and medium-sized banks.According to introduction, Taizhou Branch of Zhejiang Chouzhou Commercial Bank, as the first foreign city bank stationed in Taizhou, has been committed to “serving small and micro enterprises and serving the real economy” since its opening in 2013.Combined with the second credit “citizen loan”, credit “tax easy loan”, agricultural “rural revitalization loan” and other special products, as well as non-repayment loan renewal, deferred repayment of principal and interest, “double insurance” emergency financing support measures,Manufacturing enterprises and small and micro enterprises greatly affected by the epidemic at home and abroad will be focused on implementing the “three-demand” policy of “asking for demand”, “meeting demand” and “ensuring demand” through optimizing the process.(Shao Siqi) Statement: This article is reproduced for the purpose of conveying more information.If the source is wrong or violated your legitimate rights and interests, please contact the author with proof of ownership, we will promptly correct, delete, thank you.Email address: newmedia@xxcb.cn