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The first loan of the “Financial Supermarket” granted in Yuyao
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The Bank of Ningbo Yuyao Branch has granted a 3-year period financing loan of 700 thousand yuan to the Yuyao Yuhai Animal Husbandry Machinery Technology Co., Ltd.. It only took 3 working days for the enterprise to obtain the loan from the Bank, and this is the first loan granted by the Financial Supermarket after its opening.

Yuyao initiated the first Financial Supermarket in Zhejiang Province, a county-level financial service platform based on urban big data, opened in late January this year with the purpose of solving the problems of SMEs such as insufficient guarantees and difficult financing and clearing up the financial obstacles for further development. All registered market participants can apply for registration on this platform of “Financial Supermarket”, publish personalized financing needs, and the banks can grab every opportunity to grant loans. Banks can also publish financing products on this platform for enterprises to choose and purchase. “Financial Supermarket” realizes the real-time issuance and credit of financing products, which greatly facilitates the financing of enterprises.

As is learnt, the Financial Supermarket now boasts 32 financing institutions of the banking industry and 70 credit loan products to meet multiple needs of enterprises from credit to mortgage and time limit. Till the end of February, 3,026 enterprises have registered on the platform, asking for financing of 55 million yuan.

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