ICBC "Merchant Friend Loan" Helps Small Merchants Grow Their Business

In an effort to help small business owners in various merchandise marts access bank loans, ICBC has recently launched the "Merchant Friend Loan".

ICBC "Merchant Friend Loan" highlights "apply once, revolving use of loan limit" on account of the actual need of small merchants who want to draw loan anytime, repay and apply for loan easily.

"Merchant Friend Loan" offers all the benefits under one roof. ICBC grants credit once which can be used revolvingly, borrowers draw loan themselves by bank card or via Personal Internet Banking, procedures and formalities are simple and highly efficient. Anytime merchants can repay loans in advance via Internet Banking depending on the use of loan amount in order to reduce borrowing cost. Different guarantee options are also available for merchants to relieve the bottleneck of getting guarantee for "Merchant Friend Loan", which can be guaranteed under real estate in other city, by natural persons, joint-guaranteed by merchants, by management party of the merchandise mart or by professional guarantee companies.

Also Read

South Korean banks’ loan delinquency rate rise in February

PH’s BillEase clinched $5m investment from Credit Saison lending arm

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit