A product purchase contract can be in the bank mortgage?
There is no such thing as a purchase and sale contract between domestic enterprises, but there is international trade financing, but for export orders.
Two, the product purchase contract can be in the bank mortgage?
Domestic enterprises signed between the purchase and sale contracts do not have this type of loan, international trade financing has, but for the
three, the procurement contract can be used to collateralize the loan
no. On the signing of a procurement contract, if you have not obtained the ownership of property, is not available as collateral to secure the debt. The law provides that the following properties shall not be mortgaged: (a) land ownership; (b) the right to use collectively owned land such as homesteads, self-reserved land, self-reserved mountains, but the law provides that it can be mortgaged, except; (c) schools, kindergartens, medical institutions, and other non-profit legal persons established for the public good of the educational facilities, medical and health care facilities, and other public welfare facilities; (d) ownership, right of use of the property is unknown or disputed (v) property that has been seized, detained or supervised in accordance with the law; and (vi) other property that may not be mortgaged under the provisions of laws and administrative regulations. Legal basis of the Chinese People's Republic of China *** and the National Code, Article 240 of the owner of their own real estate or movable property, according to law, enjoy the right to possession, use, income and disposal.