Titanium enterprises in Baoji High-tech Zone have “private customized” financial products
Science and Technology Daily News China Postal Savings Bank Baoji Branch recently tailored the titanium industry reciprocal guarantee loan for the titanium-related enterprises in Baoji City. The first batch of credits was 200 million yuan to solve the financing difficulties of small and medium-sized enterprises involved in titanium. Upgrade.

Baoji is a well-known Chinese titanium valley. The city has more than 400 titanium and titanium alloy enterprises integrating scientific research, production, processing, trade and circulation. In the “Double Thousand” event, Baoji High-tech Zone learned that many small and medium-sized titanium enterprises are facing difficulties in financing and financing, and lack of financial support for development and growth. Baoji High-tech Zone cooperated with Baoji Titanium Industry Association and Baoji Branch of Postal Savings Bank to conduct a survey on titanium enterprises in the region. With the support of the head office of the Postal Savings Bank, the Titanium Enterprise has tailored the reciprocal guarantee loan for the titanium industry. It is understood that the target of the reciprocal guarantee loan of the titanium industry is the member unit of Baoji Titanium Industry Association. Through the establishment of mutual funds and risk funds, the fund members realize “reciprocal cooperation and share risks”, so that enterprises no longer rely on traditional collaterals from banks. Get funding. The project has significant advantages such as large capital, low financing costs, small liability, and simple and fast procedures. At present, Baoji Postal Savings Bank has signed a financing agreement of 28 million yuan with six enterprises including Shaanxi Xingsheng Metal Co., Ltd. and Baoji Ticheng Metal Composite Materials Co., Ltd. Ding Lin, deputy mayor of Baoji City, hopes that all financial institutions in the jurisdiction should innovate financial products and services, increase credit supply, and actively provide financing services. All enterprises must broaden their thinking, actively connect, and multi-channel financing to achieve rapid development.