China logistics company helps small businesses with hard-to-get loans

The People's Bank of China rate cut in November last year hasn't made it easier for small enterprises to borrow money, with interest rates on some small loans as high as 20 percentage points above the benchmark, according to a logistics firm that's connecting customers with good credit to banks or small loan companies for loans.

via South China Morning Post - Business feed http://ift.tt/1A5JcuQ