Far East Horizon Inclusive Finance Leasing (Tianjin) Co., Ltd (“Far East Inclusive”) was established in October 2019, with a registered capital of RMB 2 billion. It is a wholly-owned subsidiary of Far East Horizon Limited engaged in the financial leasing business of small and medium-sized enterprises. At present, it has established 12 branches and multiple business departments to assist the business development of the company, 

Far East Inclusive provides a good many financial products and their supporting services for the majority of small and medium-sized enterprises, helps to solve various capital needs such as equipment purchase, R&D investment and replenishment of working capital, and helps enterprises in Cost-saving and profit-increasing through intensive procurement or optimization of operation management.
 

"This is what other leasing companies have never thought about."

Shanghai Rongyang Industrial Development Co., Ltd. is engaged in label design and production in retail, daily cosmetics, tire, electronics, logistics and other fields, and has cooperated with Far East for many years. When Recalled, the first cooperation with Far Easts was still vivid in Men Yan’an’s memory, who is Chairman of the Board. “In 2015, we are in a critical period of development. Thanks to the support of Far East, we successfully introduced the first flexographic press, which has really accelerated the development process of the company.”
 

"For a long time, Far East's attention to the printing industry is very different from that of other leasing companies. For example, Far East provided printing trade services before and brought foreign orders to China to help China's printing industry expand its market scale." Chairman of the Board Men Yan'an said excitedly, "Far East provides all-round services to our printing enterprises, which other leasing companies have never thought of."

In recent years, Rongyang has set up new factories in Shandong, Zhejiang and other places step by step. In 2020, Far East Inclusive has also helped it to introduce new 12-color-label flexographic printing press for technical transformation and upgrading through direct leasing.

In addition to the "friendship" growing along the way, the reason why Rongyang chose to cooperate with Far East Inclusive is "intuition". “It has always been my intuition that Far East belongs to the (printing) industry. The understanding of the industry by other leasing companies is not a little different from that of Far East. " Chairman of the Board Men Yan'an sighed. Indeed, in order to provide more professional services, Far East conducts cluster research in different vertical fields, and the depth and accuracy of understanding the segmented industries are beyond the reach of ordinary financial institutions. Far East Inclusive not only updates the equipment for Rongyang, but also integrates the high-quality resources in the upstream and downstream of the printing industry chain, provides advanced information technology services of the industry, and helps it improve the utilization rate of equipment and optimize the operation and management by referring to the opinions of the internal industry expert team.

“Say goodbye to the long wait for the bank”

Ningbo Jintao Mould Machinery Co., Ltd is a local small and micro enterprise, mainly producing die-casting mould and die-casting products. Founded in 2003, now it needs elimination of old equipment and introduction of new equipment. “Manufacturing enterprises need to constantly update their equipment in order to maintain their market competitiveness. However, hundreds of thousands and millions of equipment are a huge investment for us." Jintao Mould General Manager Le Taohan said.
 

 It is difficult for the general financing products in the market to match the needs of customers for the factory is rented and the equipment is old. Even if there are other guarantee measures, the bank has complicated procedures and long approval cycle, the full set of loan process comes down for 2-3 months, so the new equipment can't get into the factory in time, making it difficult to complete the order on time.

With the recommendation of the supplier, Far East Inclusive rapidly launched the research on Jintao Mould, and completed the approval within 1 week through the express channel of direct rental products, helping enterprises to purchase equipment and put it into production in time. For Jintao Mould, the monthly repayment amount is not high, putting almost no pressure on daily operation. Thanks to this, General Manager Le Taohan felt a great sense of relief. "Far East approval is rapid, which is very suitable for small and micro enterprises like us. Let us say goodbye to the long wait for the bank’s enduring approval process.”
 

“Far East chooses to grow with its customers”

Kong Fanxing, Vice Chairman of the Board of Directors, Executive Director and CEO of Far East Horizon, said: "Far East chooses to grow with its customers. Small enterprises in today's industry are likely to be big enterprises in the future. Actually, many of the large enterprises that Far East serves were small enterprises more than a decade ago. "

Though the scale of enterprises is different, Far East treats the demand of customers as equal. Focusing on the needs of customers, we should constantly improve the comprehensive ability of the service industry, and let more Chinese enterprises update their equipment, expand their plants, and upgrade their technology. This is the greatest encouragement for the people of Far East to move forward.