Text Size:[ S M L ]
Machinery Mortgage Loan
It means that owing to purchasing engineering machinery, the loan enterprise applies to our bank for RMB mortgage loan business on planning to purchase as mortgage, the machinery manufacturer or agency shall take the repurchase responsibilities.
Suitable Object：
Enterprise as legal person registered and approved by Industrial and Commercial Administrative Authority (or competent authorities), must be recommended by the manufacturer/agency, having cooperative relationship with our bank, who shall bear repurchase responsibility of the engineering machinery.
Business features：
1.The applicant shall have more than 2-year business experience, engaged on construction, production or leasing business, with stable business contract.
2.The loan must be guaranteed by the manufacturer/agency of the machinery planning to repurchase; the manufacturer/agency must be appointed or accepted by our bank, who shall sign cooperative agreements with our bank upon mortgage loan on engineering machinery.
