Chongqing Mutual Fund Solves The Financing Problem Of Chongqing Garment Enterprises
Financing has been plagued by many difficulties.
Clothing enterprises,
Recently from Chongqing
Textile and garment manufacturers
We will learn that the chamber of commerce is going to set up a mutual aid fund to solve the problem.
Chongqing style clothing
Enterprise financing problems.
According to the plan, enterprises can deposit certain funds to the foundation. When the enterprises need to develop funds, the foundation can provide guarantees to the enterprises. The banks can provide loans to the enterprises at most 10 times their funds deposited in the foundation.
Financing difficulties have been plaguing many garment enterprises. Recently, they learned from the Chongqing textile and Garment Association that the chamber of commerce is going to set up a mutual aid fund to solve the financing problem of Chongqing garment enterprises.
According to the plan, enterprises can deposit certain funds to the foundation. When the enterprises need to develop funds, the foundation can provide guarantees to the enterprises. The banks can provide loans to the enterprises at most 10 times their funds deposited in the foundation.
According to the introduction, the foundation was initially set at 50 million yuan.
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