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SMEs involved cotton star wars the old republic power leveling, flows mean profit streams swtor power leveling, but due to various hard conditions forming a high threshold, prevented the Bank from providing them with the corresponding loan resources. China Construction Bank (601,939) branch of Beijing National cotton trading markets opened the Internet finance business to national cotton market supervision system and networksBacking, with cotton warehouse warrant collateral as the core, dealers provide the whole process is for the national cotton trading market financing business of online operations, cotton enterprises to reduce financing costs involved. "December is the cotton procurement season, demand for funds. Normally at this time, I am almost every day from the banks. "Silver CHEUNG, Chairman of the cotton industry in Baoding Lv Zhanhai told reporters that this yearHe attempts to pass the CCB network provided financial services, within a few minutes to get a $ 10 million loan. 23rd, China Construction Bank Beijing Branch and national cotton trading market in Hebei Baoding officially launched "e cotton pass" network financing operations. The business backed by national cotton market supervision system and network, with cotton warehouse warrant collateral as the core, to national cotton ExchangeEasy market dealer with full track online the financing of the operation. As of now, Hebei, Tianjin and other places 6 cotton business success get involved over $ 200 million worth of credit lines. "As a traditional industry, we start to network financing are full of doubts, but see the loan account in a few minutes, this is a very good high efficiency and low cost. "Lv Zhanhai introduction, his companyCapital of 30 million Yuan, mainly by seed cotton and lint processing, marketing, annual purchasing, processing and forty thousand or fifty thousand tons of cotton each year reach $ 500 million or 600 million of funding needs. SMEs involved cotton, flows mean profit streams, but due to various hard conditions forming a high threshold, prevented the Bank from providing them with the corresponding loan resources. As the business of Chinese commercial banksInnovation and development financing mode of China's cotton industry is quietly changing, cotton-related financing difficulties of small and medium enterprises are gradually alleviated. And Fung textiles Ltd of Baoding Shi Zhongyong told reporters that as a leading small and medium enterprises engaged in the cotton trade, the network become an important tool to find customers. "Cotton procurement season, the necessary funds up to 600$ 0, apply in the traditional way, I'll have to submit paper applications to the market, and the market go to the Bank, such as loan down three or four days, it is easy to miss the acquisition time. "A few days ago, Shi Zhongyong tried" e cotton pass "$ 1 million loan, fill in the electronic application form to the loan account only less than 10 minutes. "This year credit line tension, The traditional way to apply for a loan credit lines is limited, but through online loan and you got the money, money means faster profits increase. "China Construction Bank retail business branch Governor Tian Huiyu Director and Beijing said, as the network economy and e-commerce to flourish, a growing number of companies doing business across the network. CCB contained the market andOpportunity, a pioneer in Internet Bank "e loan". ����At present, the China Construction Bank in the country have been put on the network "e-loan" tens of billions of dollars. National cotton trading market, Chairman Wang Zhengwei introduced in recent years, China's annual output of up to 7 million tons of cotton, cotton procurement process more than 2000 enterprises above designated size, cotton for textile enterprises more than more than 5,000, years of 10 million tons of cottonCotton industry chain years demand for funds in more than $ 500 billion, market space is very large. In fact, China National cotton trading market and the value of cooperation is not only more than more than 3,200 dealer's huge funding needs, there are markets have established cotton trading, financial, logistics monitoring, integrated platform of information equal to one. "Through the network platformSpeed approval and lending, small and medium-sized state cotton enterprises can now enjoy and large enterprises the same treatment. At the same time, banks can also grasp the customer's platform information, reduces cost and risk of credit business. "Tian Huiyu," says e cotton pass "launch also improved the service platform, effective realization of the information flow, logistics, capital flow of the three streams into one.