With the smooth implementation of the 10 million yuan loan, the roar of machines resounded in the factory of a fastener company in Yongnian, Hebei Province. The person in charge, Mr. Zhang, said with emotion: "Thank you so much to Bank of China. This loan is a timely gift." !"
Established in 1997, this fastener company is a small and medium-sized standard parts enterprise in Yongnian District, Handan. It mainly deals in hardware accessories such as fasteners, construction, electricity, railways, and transportation facilities. Due to restrictions on working capital, the scale of production has never been able to expand. When enterprises were unable to do anything, Bank of China Handan Branch (hereinafter referred to as Bank of China Handan) extended a helping hand to them through standard parts cluster access and customized loans, providing working capital loans to enterprises. 10 million yuan has injected new vitality into the development of the enterprise.
Yongnian District is located in the south of Hebei Province, with a total population of 960,000, of which more than 300,000 are engaged in the production and sales of standard parts. Its annual output is nearly 5.6 million tons of standard parts, accounting for 55% of the national market share. It enjoys the title of "China's Fastener Capital" reputation. With the development of the standard parts industry, more and more companies have the need for upgrading and transformation. However, equipment upgrades require a large amount of funds, and many companies face financing difficulties.
When enterprises have needs, banks lend a helping hand. Handan Bank of China collaborates with the Yongnian District Government and the Standard Parts Industry Association to actively provide credit access to standard parts characteristic industry clusters, design a credit plan for "one household, one policy", and maximize customer financing needs and risks through a multi-variety credit product portfolio. Mitigation requirements.
"I didn't expect so many loans to be approved. It only took three hours from application to on-site review, and a loan of 2.8 million yuan was received on the same day." said Mr. Liu, the person in charge of a metal products company in Handan. The metal products company applied for the Bank of China bank tax loan product through corporate online banking, and was finally approved for a credit loan of 2.8 million yuan. Bank of China's online loan procedures are simple, with fast approval and fast payment, and have been highly recognized by customers.
Up to now, Handan Bank of China has served nearly 600 standard parts customers, provided loan support of more than 560 million yuan, moistened the real economy with financial vitality, and also given Handan Yongnian, the capital of fasteners, new vitality.
