Mid-term Working Capital Loan for Auto Distributors

(I) Product Definition

The Bank provides quality distributor group which meets the Bank’s criteria with 2 to 3 year working capital loan for regular use in daily production and operation. The loan cannot be used for equity, fixed assets or other investments, and the group has to provide guarantee, mortgage, pledge and other similar measures.

(II) Product Features

◆Flexible use of fund Extensive uses of financing

Longer term of financing

(III) Target Customers

Quality distributor group which meets the Bank’s criteria

(IV) Application Procedures

The borrower submits application for credit extension to the Bank, and our product manager analyzes its financing intention and proposes financial service plan for approval. Upon review and approval by the Bank, the borrower receives fund under financing for regular use in daily production and operation.