Do banks accept trademark pledge?

Legal analysis: the exclusive right to use a trademark can be pledged. The pledge of the exclusive right to use a trademark means that the trademark registrant, as the pledger, takes the legally transferable exclusive right to use a trademark as the guarantee of the creditor's rights. When the debtor fails to perform the debt, the creditor has the right to discount the price of the exclusive right to auction or sell the trademark or give priority to compensation according to law.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 440th The following rights that the debtor or a third party has the right to dispose of may be pledged:

(1) Bills of exchange, promissory notes and checks.

(2) Bonds and certificates of deposit.

(3) Warehouse receipts and bills of lading;

(4) Transferable fund shares and equity;

(5) Transferable intellectual property rights such as the exclusive right to use a registered trademark, patent right and copyright;

(6) Existing and future accounts receivable;

(7) Other property rights that can be pledged according to laws and administrative regulations.

Article 444 Where intellectual property rights such as the exclusive right to use a registered trademark, patent right or copyright are pledged, the pledge right shall be established at the time of pledge registration.

After the pledge of property rights in intellectual property rights, the pledgor may not transfer or license others to use them, unless the pledgor and the pledgee agree through consultation. The pledgor shall pay off the debts in advance to the pledgee or deposit the price for transferring or allowing others to use the pledged intellectual property rights.