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<CN Home>Foshan To Further Enhance Review-Based 'Whitelist' Process to Improve Funding Disbursement Efficiency
Recommend 40 Positive 83 Negative 21 |
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The Foshan Real Estate Financing Coordination Mechanism Office issued a notice on further improving the review-based "whitelist" process, proposing that financing coordination mechanisms in each district proactively engage with real estate development companies within their jurisdictions. The authorities are tasked with comprehensively assessing the intention and funding needs of real estate projects under construction or with land acquired but not yet started to apply for the "whitelist". For projects with financing needs, the authorities should guide real estate developers to actively match with the "whitelist" and "5+5" eligibility criteria, submitting applications through the district financing coordination mechanism to enter the "whitelist", ensuring "all eligible projects are reported". The notice also emphasized that financial institutions must implement requirements such as establishing green channels and allowing separate credit lines, further optimizing loan approval and disbursement processes to enhance funding efficiency, so as to grant funds "as early as possible”. AAStocks Financial News |
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