ICBC Launches "Help Loan" To Help Smes To Tide Over Difficulties In Ouhai, Wenzhou

"Government silver linkage, tackling difficulties".

Recently, ICBC of Ouhai District of Wenzhou has launched a small business loan innovation product, "help the industry loan", which will help the small businesses tide over the difficulties.

The "help loan" is specially designed for those enterprises that have a market under the tight situation and have potential to develop, but can not fully finance due to excessive financing products which are too limited to collateral and surety.

According to the head of the ICBC, the product has a diversified guarantee portfolio. The financing quota and time limit design are more suitable for the actual needs of small businesses, and the loan procedures are more convenient and fast.

In addition to the guarantee of land and house property and the guarantee of legal person, its guarantee method can also be guaranteed by means of interim commitment pledge, accounts receivable pledge, stock pledge, equity pledge, credit and so on.

The loan period is 1 years (inclusive), the amount of financing is generally below 10 million yuan, up to 30 million yuan.

It is learnt that enterprises with similar capital needs are often settled through private lending channels. The price of funds is obviously higher than that of formal financing channels, and the cost pressure of enterprise financing is very high.

After obtaining the help loan of Ouhai ICBC, the financing bottleneck of enterprises will be greatly alleviated.

Two small loan companies in Wenzhou have been approved to start the first company. Wenzhou online news, two small loan companies in our city have been examined and approved by the provincial finance office. The first small loan company has begun to move closer and closer.

Reporters learned from the municipal finance office yesterday, and was discussed and approved by the Joint Conference on pilot projects of small loan companies in Wenzhou. The guiding opinions on the business operation of microfinance companies (temporary) are officially released for the purpose of establishing "rules" for small businesses that are about to start business.

It is reported that 10 of the first 25 microfinance companies have been approved by the provincial finance office in the whole province on the 26 th of last month.

Yongjia's Ruifeng microfinance Limited by Share Ltd and Cangnan joint credit micro credit Limited by Share Ltd ranked among them and got the approved approval.

The opinions issued by our city have made clear provisions in 7 aspects: corporate governance, operation and management, bank cooperation, information disclosure, business premises, external supervision and others.

According to the "opinions", a small loan company shall be registered with the designated property rights trading institution at the designated municipal level within one year.

Within 3 years, the principal shareholder shall not pfer stock rights within 2 years.

When pferring, it must be examined and approved by the competent department.

Shares held by directors and senior managers shall not be pferred during the tenure of office.

At the same time, the small loan company will not pay dividends in principle in the first 2-3 years of operation, and the profits generated will be deposited in commercial banks as the company's risk deposits and not be issued as capital loans.

Commercial banks can finance small loan companies, but the amount of financing does not exceed 50% of the company's capital, and the number of cooperative commercial banks must not exceed 2.

The principle of financing interest rate should not exceed 1 times of the interbank offered rate in Shanghai in the same period.

It is decided by commercial banks and small loan companies.

In particular, in terms of external regulation, the opinion also stipulates that small loan companies should accept separate or joint checks by the competent authorities and regulatory authorities.

In general, a regular comprehensive inspection is conducted every year; a phased key special inspection is carried out; for companies with large risks and problems, the frequency of inspections is increased, and more stringent follow-up inspections are carried out.

(reporter You Chengyong)