Two Of The First Small Loan Companies In Zhejiang Have Been Open For Business.

A few days ago, Wuxing Wan Bang small loan Limited by Share Ltd opened in Huzhou, Zhejiang, and became the second small loan company in Zhejiang province.

Haining's Hongda small loan Limited by Share Ltd, the first small loan company in the province, opened in September 28th.

It is reported that the first batch of 10 small loan companies in Zhejiang will be unveiled.

The first batch of 10 small loan companies approved were Haining Hongda small loan Limited by Share Ltd, Huzhou Wuxing Wan Bang small loan Limited by Share Ltd, Wenling Liou small loan company, Shengzhou Hengfeng small loan company, Wenzhou Yongjia Ruifeng small loan Limited by Share Ltd, Cangnan joint credit micro loan limited company, CHINT small loan Limited liability company, Ruian Huafeng small loan convergence, Shaoxing County Huijin small loan, the Hangzhou area of Xiao Lan industry and trade group and the ideal international holding group.

The reporter learned from the business registration office of Zhejiang industry and Commerce Bureau that 4 of the 10 small loan companies that have passed the examination and approval, including two already opened, have completed the registration procedures in the industrial and commercial sector.

Wenling Leo microcredit company and Shengzhou Hengfeng small loan company have also successfully completed their registration in the near future.

At the same time, Wenzhou Yongjia group and Tianxin investment group, as the main sponsor of the Yongjia Ruifeng microfinance Limited by Share Ltd and Cangnan joint trust micro credit Limited by Share Ltd, have also been approved by the Zhejiang finance office, and are expected to open in October 18th.

Several others have passed the examination, and the pilot scheme has been formally approved, and can be opened after registration and other related procedures.

According to regulations, small loan companies must adhere to the principle of "small and scattered" loans, and their interest rates will not exceed 4 times the benchmark interest rate of banks over the same period.

It is understood that Haining Hongda small loan company has an annual interest rate of 15% for the "three rural" loans, and the annual interest rate for the farmers is 12%.

In addition to interest rate tilt, "three rural" and related industries will also be the main direction for the first batch of small loan companies to put loans in the near future.

On the list of customers in Wuxing, growers, farmers, timber and individual businesses occupy the majority, and self-employed and farmers become the main customers of the first small loan companies.