Core Insights - The article highlights the innovative "Quality Credit+" financing model introduced by the Jintang County Market Supervision Administration to address the financing difficulties faced by small and medium-sized enterprises (SMEs) [1][5][10] Group 1: Financing Challenges for SMEs - SMEs often struggle with financing due to their small scale and lack of collateral, which limits their growth potential [1] - Sichuan Xinghuiteng Group, a high-tech and specialized SME, faced a funding gap of approximately 10 million yuan due to previous collateralization of assets [2][5] Group 2: Implementation of the "Quality Credit+" Model - The "Quality Credit+" model allows SMEs to use their quality management, brand value, and innovation capabilities as key factors for bank financing, thus enhancing their creditworthiness [5][10] - The model incorporates 40 quality assessment indicators, enabling banks to evaluate the "invisible assets" of enterprises more accurately [10] Group 3: Impact and Results - Xinghuiteng successfully secured a loan of 10 million yuan, which was higher than their initial expectation of 5 million yuan, and at a reduced interest rate [5] - The financing is expected to accelerate the development of new products, potentially increasing sales revenue by around 30 million yuan [5] - As of July 2025, nine financial institutions involved in the pilot program have issued over 160 loans totaling approximately 1.127 billion yuan, addressing the financing challenges faced by SMEs [10]