Standard warehouse warrant pledged financing

Introduction

It refers to the business that clients apply for short-term financing (including various short-term credit products) from IB by pledging its own standard warehouse warrant on hand or to be received upon delivery.

The credit extension period of standard warehouse warrant pledged financing may be up to one year (inclusive), the period of single business under credit extension may be up to one year (inclusive), and the expiry date of single business under credit extension may not later than one month before the deadline of standard warehouse warrant.

Product Features

1) Facilitating clients, speeding turnover  

It will speed up capital turnover for business development of clients by solving liquidity issue caused by tie-up of funds.

2) Circulating utilization with one credit extension

Once credit quota is approved, clients can recycle it under the credit line in a more convenient way.

3) Flexible grant of capital

It supports both direct loans and other credit business such as acceptance, guarantee and L/C, which could be chosen by enterprises flexibly according to their needs. 

4) Complete coverage of listed products

Standard warehouse warrant pledged financing can be applied for all the listed products in three domestic commodity futures exchanges, a leading advantage among domestic commercial banks.

5) Multiple modes to choose

Clients may pledge either its standard warehouse warrant on hand or to be received upon delivery to apply for credit; they can repay credit with its own working capital or proceeds from cashing (transfer or delivery) of standard warehouse warrant, fully meeting various demands.

6) Network service across the country

The business could be handled conveniently at all domestic outlets of IB with no limit to locations.