Ji'nan City, second small loans company inaugurated the establishment of

   The morning of February 7th, the registered capital of 100000000 Yuan District of Ji'nan City flyover Xinhai small loan Co. Ltd. was formally established, the first to lend 5000000 yuan, becoming the city's second microfinance loan companies. This marks the starting from today, Tianqiao District of small and medium enterprises, individual industrial and commercial households and the "three rural" from here to the loan, so as to effectively solve their financing problems, capital chain tension, to help them through the financial crisis.
   It is reported, Finance Office of Shandong province in January 21st the formal approval, agreed to Xinhai microfinance Ltd. established Tianqiao district. Tianqiao District Xinhai microfinance company limited by China Heavy Automobile Group Corporation as the main sponsor, a total of 9 shareholders form, the registered capital of 100000000 yuan. The company mainly for the small loans in the administrative area of Tianqiao District, small enterprise development, management, financial advisory business. The main sponsor China Heavy Automobile Group Co. Ltd. Shenzhen, Hong Kong listed companies, at the end of 2007, the total assets of 35057000000 yuan, production and sales for the first domestic heavy truck industry. "From the Xinhai to 5000000 loan funds, we can safely production." The scene with the "Xinhai" signed a loan contract Ji'nan kogel special automobile Limited company deputy general manager Cui Guangyou told reporters, in January this year, the company has just won a 700 car dumper of large orders, in urgent need of funds to buy raw materials, from the initial contact Xinhai company to get the loan, a total of only spent two days time, solution as pressing danger.
   Compared with commercial banks, small loan companies in the lending programs and procedures more convenient, fast, efficient, the good credit, the procedures to complete the loan business, the day will be able to fund in place, on-site survey, most completed within two working days. According to general manager of Xinhai microfinance company Jiao Zhongwen introduced, in line with the national policy, legitimate business, have repayment ability of enterprises and at the age of 18 to 60 years old, natural health through security, can be a loan. The guarantee could be in the form of enterprise guarantee, the actual mortgages, mortgage-backed securities. Pay the highest for a period of one year, the maximum loan to 5000000 yuan. The applicant to prepare related materials, 1 to 2 days to get a clear answer, in line with the conditions can apply for small loans.
   It is reported, this is second micro credit Limited by Share Ltd opened in Ji'nan. In December 28th last year, the city's first micro loan companies -- Ji'nan Beichen microfinance limited foreign opening.