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Yiwu chattel mortgage loans increase to 1.371 billion yuan for enterprises

Source: Yiwu sourcing agent    Author:       Date: 2009-12-12

Recently, Yiwu, a printing company responsible Chow came to Yiwu City Industrial and Commercial Bureau, handling corporate chattel mortgage registration. This is the business sector this year, Yiwu handle the first 53 chattel mortgage registration procedures, which had been for more than 50 enterprises to increase the size of loans 1.371 billion yuan, of which handle a floating chattel mortgage registration 8, businesses can finance 127 million.

    According to reports, the floating charge refers to the company all the property, including movable and immovable property, intellectual property and the right to the subject of mortgage debt as collateral. Compared with traditional chattel mortgage, chattel mortgage floating charges in the realization of the right to achieve before, businesses can dispose of the property is a new system of guarantees.



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