Ifeng.com reported on February 28 that one-time credit can also be used as a revolving loan, so small business owners no longer have to worry about complicated loan approvals for repeated loans. Reporters recently learned that the Changsha Branch of Bohai Bank has launched a circular credit business for personal production and operations. According to Wang Lei, deputy general manager of the bank's personal loan department, individuals engaged in legal production and business activities can apply for a revolving credit line from the sponsoring bank if their house that meets Bohai Bank's requirements is the maximum mortgage amount. "As long as the credit validity period and available amount are not exceeded, the creditee can apply for personal loans for business purposes from the bank multiple times and can use them repeatedly," Wang Lei said.

Wang Lei also told reporters that this product is very suitable for small bosses and individual industrial and commercial households. It can be mortgaged once, recycled for five years, worry-free for five years, and has a high limit. The maximum limit of personal production and operation loans can reach 10 million. There are various types of mortgages. In addition to residences, shops, office buildings, and villas in the name of the borrower and his or her spouse, third-party properties can be mortgaged. The procedures are simple, the amount is easy to use, the loan interest rate is low, and the loan will be repaid anytime. interest.