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The petty loan companies boast quick and easy loan procedures that are currently impossible to obtain from banks. |
A new small loan company was added to Dongguan s financing service industry on September 15.
New Century Small Loan Company is the sixth small loan company in Dongguan, The company commenced business on September 15 with a registered capital of 100 million yuan. The company s main shareholder is a large real estate company in Dongguan which shares the name New Century.
The company says their target market is local farmers and small business owners around the city.
