Putuo opens finance services center for businesses

Putuo district of Shanghai has launched a financing services center to assist technology-based enterprises as well as micro, small and medium-sized businesses with their financing.
Located in the district's administrative services center, the newly-established financing services center links enterprises with financial institutions like banks through an innovative model of "publicity at windows and negotiations in the meeting room".
Currently, 14 banks and one securities firm participate in related work in rotation in the meeting room to ensure that companies receive timely and professional financing services.
In recent years, Putuo has been actively promoting the development of emerging industries and exploring new models of financial services for the real economy by rolling out specific measures.
With the credit line for enterprises involved in these measures hitting 3.262 billion yuan ($444.9 million), 102 loans worth 1.122 billion yuan have been disbursed to benefit 97 enterprises.
Furthermore, the district has integrated distinctive financing products of various banks into a "package" to help small and micro enterprises more accurately match bank resources and overcome financing challenges.
Moving forward, plans are for Putuo to continue to optimize its financing services system, expand financing channels and provide comprehensive and high-quality financial services — all in order to boost the healthy and sustainable growth of enterprises in the district.
IF YOU GO
Address: Room A108, 1F, Building 3, Putuo District Administrative Services Center, No 602 Tongpu Road, Putuo district, Shanghai
Open hours: 8:45-11:30 am, 1:30-4:30 pm (Monday to Friday, except for statutory holidays)
Source: Putuo district of Shanghai