ICBC offers equipment leasing service for SMEs

ICBC Leasing has provided equipment leasing service for 300+ SMEs with credit facility totaling over RMB 5 billion in 2011.

In order to better support the technology upgrade of SMEs, ICBC allows many types of equipments with high adaptability, stable market prices and value to be leased, offering more choices to SMEs. Meanwhile, ICBC Leasing also works with large modern equipment manufacturers, who provide guarantee and facilitate SMEs to buy their

Small and medium-sized companies, if they wish to lease equipments, they can visit local ICBC branch and submit application, go through the business checking and approval as required and then get the loan from ICBC Leasing, fast and easy.

In recent years, ICBC leverages the domain expertise of ICBC Leasing, a wholly-owned subsidiary of ICBC, to provide equipment leasing service for small-and-medium enterprises. The purpose is to help SMEs upgrade their technologies, support them to use new technologies, new processes, new equipments for their transformation and upgrade.