THE BUSINESS BANK IS ONE OF THE LARGEST COMMERCIAL BANKS IN MAINLAND CHINA, AND IN RECENT YEARS A NUMBER OF SMALL AND MICRO-ENTERPRISE LOANS HAVE BEEN THE FIRST OF MANY. SO, WHAT'S THE AVERAGE AMOUNT OF E LOAN? WE NEED TO ANALYSE FROM MULTIPLE ANGLES。

HOW MUCH IS E LOAN

FIRST OF ALL, IT SHOULD BE NOTED THAT THE LEVEL OF THE E LOAN IS NOT FIXED. THE CHAMBER OF COMMERCE AND INDUSTRY CONDUCTS A COMPREHENSIVE ASSESSMENT ON THE BASIS OF FACTORS SUCH AS THE APPLICANT'S CREDIT POSITION, THE USE OF THE LOAN AND, ON THE BASIS OF THAT ASSESSMENT, DETERMINES THE SPECIFIC LEVEL OF BORROWING. THUS, DIFFERENT APPLICANTS MAY RECEIVE DIFFERENT AMOUNTS, AND EVEN THE SAME APPLICANTS MAY HAVE DIFFERENT OUTCOMES AT DIFFERENT TIMES。

SECOND, THE AMOUNT BORROWED BY THE BUSINESS BANKS FOR E WAS GENERALLY FLEXIBLE, WITH A MAXIMUM OF $5 MILLION. THE APPLICATION PROCESS FOR THE INCLUSION OF E LOANS IS SIMPLER AND FASTER THAN THE OTHER LOAN MODALITIES, THE PROCESSING TIME FOR APPROVAL IS SHORTER AND THE FLEXIBILITY OF MULTIPLE BORROWINGS AND LUMP-SUM REPAYMENTS, PARTIAL EARLY REPAYMENTS, ETC., CAN BE SUPPORTED, SO THAT IN SOME CASES APPROPRIATE ADJUSTMENTS MAY BE MADE TO THE NEEDS AND CAPACITIES OF CLIENTS。

IN ADDITION TO THIS, THE BANK OF COMMERCE AND INDUSTRY OFFERS DIFFERENT SCALES FOR THE INTEGRATION OF E-BORROWED PRODUCTS, INCLUDING A RANGE OF OPTIONS OF 100,000, 500,000, 1 MILLION AND 2 MILLION. SUCH AN APPROACH COULD ALSO HELP APPLICANTS TO BETTER CONTROL THEIR OWN REPAYMENT CAPACITY AND RISK TOLERANCE AND TO HAVE THE OPPORTUNITY TO MAKE ADDITIONAL APPLICATIONS WHEN THE AMOUNT IS INSUFFICIENT。

IN THE LIGHT OF THE ABOVE, THE GENERAL AMOUNT OF THE BANK OF COMMERCE AND INDUSTRY LOAN E IS NOT FIXED, AND THE SPECIFIC AMOUNT IS SUBJECT TO A COMPREHENSIVE ASSESSMENT BASED ON THE PERSONAL CIRCUMSTANCES OF THE CLIENT AND THE FACTORS AT THE TIME OF APPLICATION. HOWEVER, THE AMOUNT OF THE E LOAN IS RELATIVELY HIGH AND, IN MOST CASES, FLEXIBLE, AND CAN BE ADJUSTED TO THE ACTUAL NEEDS OF CLIENTS。