Recently, Guangzhou Port Hecheng Financing Guarantee Co., Ltd., together with Nansha Branch of Dongguan Bank in Guangdong Free Trade Zone, helped import customers in Guangzhou Port to successfully obtain a working capital loan of 720000 dollars, and the guarantee company's first dollar working capital loan guarantee business was successfully implemented. The business met the customer's capital needs in a timely manner, reduced financing costs for customers by about 30%, and helped customers effectively solve financing problems.
It is understood that the customer mainly deals in imported food, with a high domestic market share and a large demand for funds for import. The guarantee company previously provided the customer with tariff guarantee business services, which effectively improved the customs clearance efficiency of the customer's goods. On the basis of good cooperation in the early stage, the guarantee company team visited the enterprise many times and learned that the scale of customers' direct payment for goods through foreign exchange was large. In combination with the feasibility of the import bill purchase business of import enterprises, the team proposed innovative ideas on USD loans and contacted the bank in advance to understand the feasibility of foreign currency working capital loans. Finally, the guarantee company, Dongguan Bank and the customer reached an agreement to successfully complete the approval process and loan granting of this USD working capital loan guarantee business.
This business is another innovative attempt of the guarantee company. Later, taking this USD working capital loan guarantee business as a starting point, it formed a combination with the featured products of the tariff letter of guarantee to comprehensively promote it to the import enterprises settled in the North South Logistics Park, provide more attractive financial value-added services for the settled enterprises, and help the development of port logistics business.
In recent years, the guarantee companies have combined their own advantages to expand the supply chain financial services, actively connected with upstream and downstream enterprises in ports, and provided effective financing solutions for enterprises by innovating financing guarantee products and improving service quality. The role of "attracting goods to ports and merchants to ports" has been constantly enhanced. According to statistics, since this year, the guarantee company has issued a total of 52 million liquidity loans for customers, and has issued a total of 110.3 million yuan of separate tariff guarantee business.
