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Pawnshop Loan

This refers to the working capital loan SRCB grants to qualified Pawnshops.

Features

If it is within the reporting period that the pawnshop should submit its annual report to local Commerce Administrative Authority for a first time since its establishment, the pawnshop’s total credit limit (including SRCB granted limit) can not exceed its registered capital. If it is post the first report period, the pawnshop’s total credit limit (including SRCB granted limit) can not exceed its shareholders’ equity for last financial year. Loan term is limited to 1 year.

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