The pledge loan of accounts receivable refers to the short-term financing that the enterprise guarantees repayment to the bank with its legally owned right to receive accounts receivable, but the bank does not inherit any debts of the enterprise under the accounts receivable. During the loan period, the discounted pledged accounts receivable shall not be less than the loan balance (total loan principal and interest). During the loan period, when the discounted pledged accounts receivable are less than the loan balance, the enterprise shall supplement and replace them with new qualified accounts receivable according to the requirements of the bank.

application area

1, for a single strong enterprise.

2. The payer of accounts receivable is a group with good credit standing and strong ability to pay, and the quality of accounts receivable is high.

3. The borrower is a local enterprise with stable production and operation, development potential and strong repayment ability.