"This funding is truly timely help for us, easing our financial pressure," said the head of a high-tech business providing smart lighting solutions, upon receiving an intellectual property pledge loan from the Beijing Rural Commercial Bank's E-Town branch.

To address the challenges of difficult and expensive financing for enterprises, the Business and Finance Bureau of Beijing E-Town has guided local banks to create financial products based on the actual needs of enterprises, providing richer and more diverse financial services for companies in the area.

IP pledge financing refers to a financing method where enterprises use their legally owned patent rights, trademark rights, and copyright-related property rights as collateral to obtain loans from banks after evaluation. 

Many light-asset, knowledge-intensive technology businesses often face financing difficulties due to the lack of real estate collateral. This method can turn IP into assets, converting intangible assets into liquid assets and providing a tailored financing channel for such enterprises.

To implement this IP pledge loan, the BRCB's E-Town branch has engaged with enterprises, developed credit plans based on their actual situations and financing needs, and streamlined approval processes. 

For enterprises with patents, they used a "credit + intellectual property pledge registration" approach, increasing IP pledge guarantees. 

The bank completed the pledge registration of two high-tech IP patents — intelligent control technology and airflow parameter measurement — at the National Intellectual Property Administration.