Is Hong Zhong factoring loan formal?

Hong Zhong factoring loan is formal.

According to relevant public information, Hong Zhong factoring loan is formal and approved by the Ministry of Industry and Information Technology.

Hong Zhong Commercial Factoring Co., Ltd. was established on 20 14, located in Shenzhen, Guangdong Province, and is an enterprise mainly engaged in monetary and financial services. General business items include: secured payment agent (non-bank financing); Engaged in guarantee business (excluding financing guarantee business); Supply chain management.