Credit line of Zhilian Premium Loan10,000-200,000 RMB. The credit line of Zhaolian good term loan is valid for 3 years and can be recycled within 3 years. Revolving line loan means that the bank provides a certain amount of RMB loan to the borrower. During the validity period of the line, as long as the outstanding loan principal balance of the borrower does not exceed the line, the borrower can recycle the line.
Product function: Cash loan: namely, loan products such as "Zhilian Good Term Loan", "White Collar Loan", "Owner Loan", "Provident Fund Loan" and "Students' Leisure".
Extended data:
Functions of revolving credit line:
Generally speaking, in the case of a single export order, the bank only needs to provide the exporter with the whole pre-shipment letter of credit. However, an active exporter will receive many export orders. It is inconvenient for exporters to apply for a letter of credit before shipment according to the procedures stipulated in each export contract.
At the same time, it is not convenient for banks to consider credit requests one by one. Therefore, banks need to set a revolving credit line for pre-shipment credit provided to exporters to avoid this kind of duplication of work.
Under the revolving credit line, banks not only aim at; A single contract, but for a certain stage of the exporter's entire export activities, Song decided the exporter's credit demand. Once this quota is set, exporters can use this loan at any time according to their credit needs in export transactions in different periods.
Baidu encyclopedia-revolving credit line