Xiuwen eases financing difficulties for enterprises

In order to ease financing difficulties of enterprises, Xiuwen county in Guiyang, capital of Southwest China's Guizhou province, has consistently worked to develop financial products and provided favorable services for enterprises.

In response to the diverse needs of market players, Xiuwen has increased the diversity of financial support products and explored different financing guarantee products, with relevant systems and rules constantly being improved.

The county has given full play to the role of financing guarantee institutions, and guided guarantee companies to increase guarantee and credit enhancement for enterprises, as well as helped enterprises obtain bank credit support.

From January to June this year, Xiuwen County Limin Financing Guarantee Company guaranteed 45 transactions worth 189.35 million yuan (27.98 million).

By understanding the financing needs of enterprises, Xiuwen has a good job in precisely connecting and tracking bank-enterprise credit financing, and solving problems related to corporate financing.

In the first six months, the county tracked 111 service companies with a total capital demand of 915.48 million yuan, and 71 loans totaling 580.98 million yuan were issued.