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How to borrow second-hand equipment
Machinery and equipment mortgage loan refers to RMB or foreign currency loans issued by banks to enterprises for purchasing machinery and equipment, and enterprises repay the principal and interest in equal amount every month during the mortgage period.

Enterprises can raise a small amount of funds by themselves, have the required equipment in advance, get economic benefits as soon as possible, improve the efficiency of capital utilization, reduce the number of units and speed up the equipment update.

Enterprises only need to pay fixed and low principal and interest every month, cut production lines vertically and maintain financial stability.

At the same time, it is supported by comprehensive financing products such as bank A/P financing and medium-and long-term financing for plant expansion, so that enterprises can focus on their core competitiveness.

Due to the high unit price of machinery and equipment, equipment buyers need to occupy a lot of cash flow, which is often difficult to promote sales quickly. If this loan product is used, the dealer or equipment purchaser can buy the machine with a down payment of 30%-40%, the remaining 60% will be paid by the bank to the manufacturer, and the remaining 1-3 years will be returned to the bank by the customer on a monthly or quarterly basis.