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63 Million Yuan Raised for 35 Enterprises by “Tax Credit Loan ”

2015-07-08

 

It was learned that Huamei Beneficiation Reagent Marketing Company was suffered from lacking of capitals recently, but to its boss’s surprise, it was credited with 800,000yuan loans from China Construction Bank via the A-grade“tax payment credit card”issued by Chenzhou Municipal State Administration of Taxation. It was introduced that thanks to the “tax credit loan”launched by Chenzhou Municipal State Administration of Taxation, some small and medium-sized companies as Huamei Beneficiation Reagent Marketing Company which well-met relative standards are capable to solve their financing problem by this way.

 

For a long time, because some negative factors as it was being operated for a short time, it’s small production scale, the banks’ risk control, and etc., the small and medium-sized enterprises were hard to get the bank credit and loan, which were badly affected their further improvement and industrial transformation. In the early of this April, Chenzhou Municipal State Administration of Taxation and China Construction Bank signed the cooperation agreement on the bank-tax service platform of “tax credit loan”, and launched the financial service that exchanges“tax-paying credit” for “credit line” based on the credit of taxation, tax contribution and personal credit. All the high grade tax-paying companies which are being operated well in recent two years, without bad government tax fillings, with the total tax payment over 50,000yuan in the first half year, and well-met the admittance criterion for credit clients of China Construction Bank are capable to be provided with the comprehensive financial service. The companies which were identified as A-grade credit level by the taxation departments can be credited with the maximum credit of 30million yuan. This service does not only encourage the companies to pay tax and upgrade the tax compliance of tax payers, but also helps to solve the financing problem hindered on the way of the companies’ further development.

 

Currently, 35 enterprises were credited with 63million yuan funds via the service of “tax credit loan”, which helped to promoted them to be developed rapidly and better.