Platform Intermediary Service Agreement
Exhibit 10.25
Platform Intermediary Service Agreement
(Contract No. : [●])
Party A (Principal ): Chongqing Pengmei Supermarket Co., Ltd.
No:91500103MA5UQF049K
Legal representative: Xxxx Xxxxx
Party B(Intermediary): Sichuan Toucu Finance Information Service Co. Ltd.
No:91510104091268239Q
Legal representative: Benqiang Shi
Whereas:
1. | Due to the request of the liquid capital, Party A needs external financing (“Financing Project”).Party A delegates Party B as a middleman to post financing information by its’ internet finance service platform (Toucu finance xxx.xxxxxx0x.xxx, “Toucu Platform” ) in order to look for the Lending institutions or personal (“Third Party Funders”) |
2. | Based on the principals of equality and voluntariness, after friendly negotiation, both Parties agree to the terms set forth below. |
I. | Platform Service items |
1. | Party A delegates Party B as an Intermediary to post financing information by Toucu Platform, Party B should make contribution to the loan contract between Party A and Third Party Funders. Assist Party A to complete financing and related items. |
2. | Loan information: |
(1) Amount: RMB 1,000,000
(2) Interest rate: 8.4%
(3) Term: 2 months
(4) Purpose: working capital
(5) Source of repayment: Business income
(6) Guarantee: Asset Mortgage, actual controller guarantee or legal person guarantee, Chongqing Penglin food Co. Ltd. provides joint guarantees
(7) Repayment: loan interest shall be paid monthly and loan principal shall be repaid on maturity date.
II. | Intermediary service fee and settlement |
1. | Party B shall receive service fee equal to 1.1% of the total loan, payable within 3 business days after Party A receive a loan. |
2. | If Party A does not pay the service fee on time, the liquidated damage is the 10% of the total service fee, with a daily interest of 0.05%。 |
Principal: /s/ Chongqing Pengmei Supermarket Co., Ltd.
Intermediary: /s/ Sichuan Toucu Finance Information Service Co. Ltd.
Execution date: September 4, 2019