Working Capital Loan

Working Capital Facility is a kind of loan used to meet short-term demands of customers in the course of production and operation. According to the length of maturity, Working Capital Loan can be divided into the short-term one with the term within one year and the medium-term one with the term within one to three years. Based on the supporting means, Working Capital Loan can be divided into the guaranteed one which can be supported by a guarantee, mortgage, or pledge and the credit one. Considering the using procedure, Working Capital Loan has two types, one is to need to be applied and approved every time, the other enables customers a revolving loan subject to a certain amount and period. With characteristics of short term, simplified procedures, high flexibility, and lower financing cost, Working Capital Loan has become an efficient and practical financing means, widely used among customers.