Name

Working Capital Loans

Introduction

Working capital loans are issued to meet customers' short term financing demand during the process of production and operation, thus ensuring the normal running of production and operation activities.

Features

As an efficient and practical means of financing, working capital loan is one of the most popular credit products, characterized by the short loan term, simple procedures, stronger turnover, and lower financing costs.

Category

In terms of the term, it can be divided into short-term working capital loans less than one year and one to three-year medium-term working capital loans.

In terms of the loan form, it can be divided into secured loans, which can be further divided into many forms such as guarantee, mortgage and pledge, and credit loans.