The Zhongguancun branch of Beijing’s Huaxia Bank has recently explored various financial products – such as credit loan using intellectual property or equities as mortgages – to finance asset-light technology firms in Beijing’s Zhongguancun Science Park.

Many of the branch’s clients are “gazelle” companies or among the Top 100 Innovative Companies or New Three Board companies in the park.

The bank is estimated to have provided 82 million yuan ($13.39 million) as intellectual property finance for 10 companies last year, and 55.87 million yuan ($9.12 million) as unsecured loans for 14 companies, contributing greatly to the fast growth of high-tech startups. The Beijing Banking Association has singled the bank out as a Quality Service Provider.

Edited by Wang Yifei and Niva Whyman