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Shijiazhuang, Hebei: Involving Cotton Companies To Test Water Online Loans

2011/12/19 9:52:00 21

Hebei Shijiazhuang Cotton Business Loans

In November 23rd, China Construction Bank Beijing branch and the whole country.

cotton

The trading market officially launched the "e cotton link" network financing business in Baoding, Hebei.

The business will be based on the national cotton market supervision system and network, with cotton warehouse receipt pledge as the core, to provide the whole country's cotton trading market dealers with full process online operation financing business.

Up to now, 6 cotton enterprises in Hebei, Tianjin and other places have successfully obtained more than 200 million yuan credit line.


For small and medium-sized enterprises involved in cotton, capital flow means profit flow, but due to various rigid conditions, it has become too high.

threshold

So that banks can not provide them with corresponding loan resources.

With China

business

With the innovation and development of banking business, the financing mode of China's cotton industry is also changing quietly, and the financing difficulties of small and medium-sized cotton enterprises are gradually easing.

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