Dingyang Credit Cooperative Innovated the Loan Method to Help the Minxing Bearing Co., Ltd

Resource from: CBCC Likes:2907

Sep 06,2010

Dingyang Rural Credit Cooperative innovated the loan method to give the positive ideas and suggestions for some enterprises under the technological transformation and also boost them to realize the upgrading of technology. Minxing Bearing Co., Ltd is a company specialized in producing bearing ring for Sitong Bearing Company. The company plans to introduce a new taper cold extrusion production line this year, but it has 2 million yuan funding gap, so they have to apply for a loan from the bank. Under snch circumstances, persons in charge of the cooperative association of Dingyang Rural Credit Cooperative began to help them solve this issue. According to the actual situation of the company, Dingyang Rural Credit Cooperative specially designed a new loan method, which made the floating interest rate decrese by 30% and also saved more than 70000 yuan for the company. At the same time, workers in the credit cooperative also shortened the deadlines for applying for the loan, from the original 15 days to 3 days, which helped the company to the great extent. The leader in Minxing Bearing Co., Ltd Huang Gaiming said:"Dingyang Credit Cooperative provide us financial support during the very important time for the technology transformation in our company, as the leader in the erterprise, I want to express my sincere thanks to them. And we will put more efforts on the technology transformation and the expansion of the new projects as soon as the funds are available.

(CBCC)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous Japanese Customers Visited Lunda Bearing Co., Ltd for the Producing Process of Turntable Bearings and the Cooperative Matters (pic)
Next ZWZ Group Participated in Global Quality Prestige Committing Initiatives

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.