Small And Micro Private Textile In The South China Sea Controls Risks Within The Industry.

< p > the financing difficulties of small and micro enterprises have been plaguing many business owners. Especially for Foshan, a private economy, this problem is particularly prominent, but there are exceptions.

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< p > "often hear others say that small and micro enterprises financing difficulties, but for us, this problem has never existed."

Chen Shubin was full of confidence when he said this. He served as the chairman of the a target= "_blank" href= "http://www.91se91.com/" > the textile /a Industry Association (hereinafter referred to as the "Textile Association"). Under his leadership, the textile association and the Bank launched a deep cooperation for 10 years.

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< p > as early as 2003, the textile enterprises in Xiqiao of the South China Sea had negotiated with GF in the name of the association and successfully obtained 1 billion yuan credit line from the bank, which made the textile enterprises first taste the sweetness of Baotuan development.

In the subsequent development process, this kind of consciousness of holding together has been continuously strengthened. Under the organization of the association, Guarantee Corporation and small loan companies have been set up within the industry, and financial problems have been solved through various financial innovations.

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< p > Baotuan development received 1 billion credit from the bank < /p >.

< p > for textile enterprises, upgrading and upgrading of equipment has always been a difficult problem. "1 of the equipment we produce are basically around 400 thousand yuan, and there are at least 20-100 units for general enterprises to pform and expand their products. For small and medium-sized enterprises, the pressure to buy tens of millions of dollars in short time will be great, but if we apply for mortgage loans to banks, the pressure will be much smaller."

Chen Shubin introduced that in order to help members of textile association to carry out equipment renewal and pformation, the association is now applying for 300 million yuan credit line to Guangdong Development Bank.

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< p > textile enterprises have applied for hundreds of millions of yuan loans to the banks. This is unthinkable in the past.

Compared to household appliances, ceramics and other industries, the concentration of textile industry is much smaller, mainly in small and medium enterprises. "In the past, many banks set up various thresholds for small and medium enterprises. There is no bargaining chip for individual enterprises to negotiate with banks. It is basically impossible to talk about tens of millions or one hundred million or two hundred million yuan."

Chen Shubin introduced the weak position of textile enterprises to let them embark on the road of Baotuan development.

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< p > at the beginning of this century, with the encouragement of the government, Xiqiao textile enterprises in the South China Sea continue to strengthen the role and status of the trade associations and negotiate with the banks in the name of the association.

In 2003, Chen Shubin signed 1 credit agreements with the Guangdong Development Bank on behalf of the textile association and the Guangdong Development Bank, which made him even more convinced of the necessity of the development of the textile industry.

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< p > over the past 10 years, the textile association has established a comprehensive cooperative relationship with the Guangdong Development Bank to successfully solve the financing problem of the industry. "First, we must get the quota from the bank in the name of the industry, and then the textile enterprise should apply according to its own needs, rather than the average distribution, and the enterprise application should also determine the loan amount according to the bank's regulations."

Chen Shubin introduced that the credit limit applied in the name of the industry can be recycled in the agreement period to meet the financing needs of different enterprises.

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< p > through this mutually beneficial cooperation, the industry and banks achieve mutual benefit and win-win situation. "We have obtained loans from banks, and the banks have achieved good risk control through cooperation with the association. So far, we have not seen a single cent risk from GF loans."

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< p > risk control within the industry < /p >

< p > the deep cooperation between the textile association and the banks is largely based on a series of financial innovations carried out by the association. "What is the bank's most concerned about? What is most concerned about is the risk. They are willing to cooperate with us because we know clearly that the risk is not great."

The risk in Chen Shubin's mouth refers to the default behavior of textile enterprises, which has been digested through a series of innovations within the industry.

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< p > to enable enterprises to better meet the requirements of the bank's wind control, under the leadership and support of the government, the textile enterprises jointly funded and set up their own Guarantee Corporation to guarantee the textile enterprises which did not meet the requirements, thereby greatly reducing the risk of banks. "Many banks do not dare to do so, such as equipment mortgage."

For enterprises with insufficient conditions, we can undertake joint guarantee or counter guarantee through Guarantee Corporation. If risks arise, it will be borne by our industry. "

Chen Shubin said that the Guarantee Corporation set up was not for profit purposes. "We only charge 1% of the fees symbolically."

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This way of mutual insurance allows enterprises to take the initiative in negotiating with banks. "In the past, only the equipment could be mortgaged to the bank, but the 1 new equipment was worth 500 thousand yuan. After the bank got the invoice, it hit 5% off first and then hit 70 percent off. Holding gold and entering the bank immediately became iron." Chen Shubin said that by minimizing bank risk, the association established good trust with Guangdong Development Bank, thereby reducing many unnecessary paction costs. "Equipment mortgage is also a big market for 1. The life expectancy of ordinary textile production equipment is about 10 years. We now have nearly 30 thousand machines in Xiqiao. In the next few years, half of them are entering technological pformation, and banks have no reason to abandon the market," P said.

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< p > to further expand the financing channels of textile enterprises, this year, the textile enterprises jointly invested 490 million yuan to set up a small loan company to become the largest small loan company registered capital in Foshan. "The small loan company will serve as the main service object of the Textile Association's member units, and solve the weekly turnaround problem of textile enterprises."

Chen Shubin introduced.

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