Consumer Capital Group, Inc.

Detailed Description

Consumer Capital Group, Inc., through its subsidiaries, provides microfinancing services for micro, and small-to-medium sized enterprises (SMEs) in China. It offers direct loans to SMEs and sole proprietors; and private loans to borrowers, as well as acts as an intermediary to facilitate the loan transactions. The company also provides financial consulting services; and advisory and risk assessment services to lenders and borrowers. In addition, it offers asset management, management consulting, and Internet information services, as well as advertising design, production, agent, and publishing services. Further, the company maintains various computer systems, software, and data; owns intellectual property rights for consumer market network; and assists in payment collection for e-commerce business. Consumer Capital Group, Inc. was incorporated in 2008 and is headquartered in New York, New York.