Current location - Loan Platform Complete Network - Loan intermediary - What does "packaged loan" mean?
What does "packaged loan" mean?
The one upstairs is great. What a lie. But it looks real.

The English word for packaged loan is packingloan, so it is called packaged loan, because it is directly translated, and later people are wrong when they say it wrong. The so-called packaging is processing, just as our professional English says that the processing factory is called packer, and processingplant is rarely used. So the package loan is actually a processing loan, that is to say, after receiving a batch of goods, the bank gives a loan for raw material purchase and factory processing according to the amount of letter of credit and factory credit. Usually 80%. A letter of credit with soft clauses is much stricter in evaluating the credit qualification of beneficiaries.