Montreal, Quebec–(Newsfile Corp. – June 13, 2018) – top Positioning Technologies Inc. (CSE: PKK) (“Peak” or perhaps the “Company”) today announced that its monetary solutions subsidiary, Asia Synergy Financial Capital (“ASFC”), has extended loans to quite 1,500 SMEs in Asia.
A total of 1,492 Chinese SMEs and entrepreneurs have received a combined 72.9M RMB (approximately $14.8 CAD) in loans from ASFC to help grow and manage their businesses in less than 30 days of ASFC being in operation, and as of today. For the many part, these SMEs are former customers for the organization’s business partner Jiu Dong Ltd., which includes very nearly 2 decades of expertise in commercial lending in Asia. ASFC uses an established set of credit guidelines and keeps the loan that is average fairly low to help keep loan standard prices to the very least, a strategy which has offered Jiu Dong really more than many years.
“some individuals could find it surprising that ASFC surely could lend to therefore many organizations therefore quickly”, commented Johnson Joseph, Peak’s President and CEO. “But in reality, even though the business had not yet been developed, all of us in China had been difficult at make use of Jiu Dong many weeks before the official launch for the company planning the deals announced today. (mais…)