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“Loan express” drives into SIP


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Bank of Nanjing (NJCB), a bank headquartered in Nanjing, capital of East China’s Jiangsu province, brought its new loan service “Xingaoqi” to SIP on Aug 8, offering eligible high-tech enterprises a channel to get easy access to a low-interest loan of up to RMB 5 million with their intellectual property rights as pledges. 
 
The bank said the new service is aimed at lending high-tech enterprises and businesses under their incubation programs an “expressway” to get funds for their development.
At the event, NJCB Suzhou Branch and SIP Business Development Service Center signed an agreement to enter into strategic cooperation in financial services for SIP enterprises.
Moreover, NJCB Suzhou Branch issued checks totally valuing RMB 49 million to 12 enterprises selected from about 50 applicants since the launch of the new service on July 1, and signed MOUs with other eight applicants to offer loans totaling nearly RMB 100 million. It also provided one-on-one consultancy to another 27 enterprises on site and offered preliminary loan solutions to them.


August 12, 2019