CMB provides mortgages on moveable property applicants with their or third party's moveable property (commodities and raw materials).
Requirements for the pledge
·
The pledge's ownership must be definite.
·
The pledge can be marketed easily.
·
The price of the pledge must be stable.
·
The pledge can be stored for a long period of time.
Advantages
1.
Provides convenient short-term financing for companies.
2.
Promotes innovation of financing services.
Note:
All the contents stated above are for your reference only. Please consult the local branch of China Merchants Bank for further information. China Merchants Bank reserves the ultimate right of interpretation for the contents in this page.