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Xiangshan SME Financial Service Center Opened

The financial service center for SMEs of the Rural Credit Union opened in Xiangshan on December 26. The center, as the first exclusive service institution in the Rural Credit System of Ningbo, provides specialized and professional services for SMEs.
The director of Xiangshan Rural Credit Union said that the center would offer credit business for all the small and medium-sized enterprises which meet the relevant terms for loans and provide one-stop services of consultation, deposits, loans and other VIP services.
It is learned that the SMEs are facing difficulties in development at present. The center will offer some financial services including mini-loans for start-ups, convenient loans for small and mini-enterprises and short-term flowing loans. It also plans to provide loans of below 500,000 yuan for the small and mini-enterprises and loans of below 200,000 for individual businesses, for which no quotas are imposed.

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