Huaxia Bank 1 Billion Yuan Credit Support China Textile City

Recently, at the joint meeting between banks and enterprises, Huaxia Bank Shaoxing Keqiao sub branch and China Textile City Chamber of Commerce signed a total of 1 billion yuan of credit funds, which is specifically used to support small and medium-sized enterprises in Shaoxing county.

Reporters learned that this year's Huaxia Bank Shaoxing Keqiao sub branch has been pformed into a "small business characteristics sub branch", and its innovative service form is now being promoted nationwide.

Small sub branches of pformation

In July last year, Fan Dazhi, President of Huaxia Bank, spoke about China's textile city.

At the beginning of this year, Shaoxing branch of Huaxia Bank Keqiao branch actively cracked down on the financing difficulties of small and medium-sized enterprises.

The bank not only won the scale of 3 billion yuan credit funds, including 1 billion yuan in special funds for small and medium-sized enterprises, but also set up the Credit Department of small and medium-sized enterprises in order to do a good job in financial services for small and medium-sized enterprises.

Customized loan model

Because of the lack of collateral and lack of guarantee companies, even small and medium sized enterprises belong to high-quality enterprises, there are still many difficulties in lending directly to banks.

To this end, Keqiao branch of China Textile City and the surrounding small and medium-sized enterprises tailored a variety of special products, effectively crack down on small and medium-sized enterprises.

The small business "sell off relay loan" launched by the bank, through its cooperation with the third party organizations, has played its respective professional advantages and divided into two financing periods to jointly provide innovative products for credit support of small businesses. Since the financing cost of small enterprises was locked in advance with the third party organizations, the financing cost of small businesses was greatly reduced.

Recently, Huaxia Bank has launched the "rent loan", leasing the North Lian curtain fabric market merchants, with rent invoices, through cooperation with the market, the maximum amount of loans can be 70% rent.

For small and medium enterprises with credit basis, Huaxia Bank

Harmonious development between enterprises and banks

In the past, banks were relatively unfamiliar with the situation of some small enterprises in the process of financing to SMEs, while the distribution of small businesses was scattered, and the cost of manpower and capital cost required by banks were higher. These were all like insurmountable chasm between banks and enterprises, resulting in financing difficulties for SMEs.

In order to effectively improve the current situation of banks and small and medium-sized enterprises, the Keqiao branch has been actively carrying out various services after the pformation of "sub branches of small enterprises".

Since this year, the Keqiao branch has carried out financial docking with the Women Entrepreneurs Association and the wife Club of our county, and has held joint meetings of small and medium-sized enterprises, including strengthening the communication with small and medium-sized enterprises, and increasing support for small and medium-sized enterprises.

Dai Wenwu, vice president of the Ruian chamber of Commerce in China Textile City, borrowed 4 million yuan from the company's joint guarantee. He said that the Bank of China had cleverly cracked a series of problems that banks had to "pfusion" to small businesses.

At present, Huaxia Bank Shaoxing Keqiao sub branch also talks with a number of small loan companies, making use of the platform of small loan companies to serve more SMEs.

In the first two months of this year, the bank has invested 128 million yuan in loans, and recently, 8 enterprises have received credit support.