Loan limit In principle, a single credit limit within the credit limit shall not exceed 60% of qualified accounts receivable. For accounts receivable with good performance and good quality, it can be appropriately relaxed to 70%.
Loan fees The expected annualized interest rate shall not be lower than the expected annualized interest rate of the same grade of benchmark, plus an increase of 10%, and a one-time business financial management fee will be charged based on the financing amount, with a fee range of 1%-2%. At the same time, it will be negotiated with the borrower based on the specific circumstances.
Loan conditions * There are no legal flaws, and the transferability of creditor's rights is a prerequisite for carrying out this business; * Past payment performance has been good, and in principle, the payment period for accounts receivable is within 4 months; * The debtor of accounts receivable is strong and has a monopoly or obvious competitive advantage in the industry to a certain extent; * The industry to which the debtor of accounts receivable belongs should comply with the requirements of national industrial policies and be a non-new enterprise; * Accounts receivable The debtor has no bad credit record and has good performance of the contract.