Is the real car rental loan formal?

Ordinary. SIC financial leasing company is a comprehensive financial service institution established with the approval of the national commerce department. The organizers are Shanghai Industrial Group, Shenzhen Innovation Investment Group, Marco Automobile Service Group, Hongkong Yuecheng Investment Group and Jinniu Holding Group. According to the relevant national laws and regulations, car rental can provide installment payment service, and the car loan business is legal. SAIC car rental loan is realized by car buyers applying for loans from SAIC General Motors Finance Co., Ltd. SAIC Finance is a legal financial institution, which is qualified and capable of providing car installment payment for qualified customers. So the real car rental loan is formal. Shanghai Industry (Group) Co., Ltd. (hereinafter referred to as "SIC") was incorporated in Hong Kong in July and is a window enterprise of Shanghai Municipal People's Government in Hong Kong. The company is wholly owned by Shanghai SASAC and is authorized to operate SIC.