Fujian Children'S Shoes Branch Won The 130 Million Credit Line Of Minsheng Bank
Through examination
Children's shoes industry chain
Based on the trust in the development prospects of China's children's shoes industry chain, the footwear association of Fujian footwear industry association and the China Minsheng Bank Quanzhou branch put forward the "industrial chain financing plan" for the development of children's shoes industry channels, and formally reached a cooperation agreement.
The shoe Association of Fujian footwear industry association won the 130 million credit line of Minsheng Bank. This financing will benefit more than 60 enterprises.
It is reported that this is currently domestic.
Children's articles
In the industry with the highest credit rating, China's children's shoes industry has attracted the attention of all sectors of society due to its rapid development momentum.
According to the Secretary General of the children's shoes, Xie Jia said that many children's shoes enterprises expressed strong interest in the scheme. At present, 2 or 3 enterprises are discussing cooperation.
Many past
enterprise
The arrears may exist in a single way, and must wait for the agreed time to be converted into cash; and the introduction of industrial chain financing, because of the intervention of banks, can be converted into cash immediately, although enterprises may have to pay more interest, but because of the timely cash flow, the company has saved the waiting time, thus winning the opportunity for survival and continuous production.
Expert opinion:
Xie Jiasheng, Secretary General of the shoes Association of Fujian footwear industry association, said that the main objects of the industry chain financing are agents and distributors, loans from agents and dealers, factory guarantees, loans used for the two major purposes of agents and distributors, such as channel construction and payment of manufacturers' arrears.
Industrial chain financing can be closely related to shoe material suppliers upstream of the industrial chain, while strengthening links with downstream dealers and even end retailers. After linking, industrial clusters will increase the overall core competitiveness and enhance the ability to resist external economic fluctuation risks.
Chen Shuqing, managing director of the China children's products research center, general manager of new Liuhe marketing planning Co., Ltd., said that enterprises often face such an awkward situation. The delay in payment of agents' payment causes enterprises to run normally because of shortage of funds.
The introduction of this industry chain financing, on the one hand, is conducive to solving the problem of capital turnover of enterprises, and maximizes the amount of funds owned by local enterprises, so as to create more cash flow for enterprises and enhance capital mobility, which is of great significance to the survival and development of children's shoes enterprises.
On the other hand, it can also solve the worries behind the expansion of agents' channels.
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