Cutting The Risk And Activating The Financing Of Small And Medium Sized Shoe Enterprises

In July 10th, the Fujian Provincial Department of Finance and the economic and Trade Commission jointly issued the implementation measures for the risk compensation special fund management of small and medium enterprises credit guarantee institutions of Fujian province (hereinafter referred to as "measures"). The special funds for risk compensation of small and medium-sized enterprises credit guarantee institutions will be arranged, and the risk of guarantee institutions can be provided to Fujian small and medium-sized industrial enterprises and small and medium-sized trade enterprises to provide the bank loan financing guarantee.

Since 2008, the adverse factors such as RMB appreciation, tight monetary policy and rising operating costs have always been associated with him. He founded a shoe processing enterprise that only lasted two years.

As a founder and general manager, Jingyu said he was already in a panic.

To overcome the difficulties ahead, it is the first step to solve the financial problems.

"For this reason, I have found quite a few banks.

To tell you the truth, every time I enter a clear and bright bank hall, I feel a little nervous. This place is not like a small business owner like me.

"At first, I would like to use the workshop as collateral, but the bank said that the lease of the land built plant can not be used as collateral. If the machinery is used as collateral, the machinery of the new enterprise will not be accepted.

After all, I can always borrow money from my own house.

As a result, Jingyu brought together real estate documents and other documents, and came to a commercial bank in Quanzhou.

"85 years of housing, the area of 120 square meters, originally thought that a loan of 2.3 million no problem, but the bank said that the housing age of more than 10 years will not be considered."

Bank customer manager suggests Jingyu, if there is no collateral available, you can try a secured loan, "just look for a Guarantee Corporation willing to provide security."

The subsequent progress is fairly smooth. Although the Guarantee corporation also calls for a hypothecation guarantee, the buildings and machinery and equipment built on the land can be mortgaged and Jingyu is filled with joy.

According to the valuation of the plant and equipment, the Guarantee corporation can only provide a loan of 100 thousand yuan, even if the mortgage is added to the house, the guarantee amount is also far from the demand amount of Jing Yu.

"All the families are there, and they must not be so low."

Jingyu is very helpless. Before the bank has to pledge everything, Guarantee corporation now has low requirements on pledge, but the amount is low.

According to Jingyu enterprise's operation, Guarantee Corporation has only given 25 thousand yuan credit guarantee amount, which is still a drop in the bucket for Jing Yu's enterprises.

The other side told Jing Yu, "we are living in the risk, and in the bank we have deposited in the 1:2 deposit, deposit 1 million to 2 million, most of the funds therefore" hang up ", no longer afford any risk.

In fact, similar situations happen every day in different enterprises.

Ye Baozhu, associate professor of Finance Department of Xiamen University, told reporters that the amplification factor of credit guarantee amount is a symbol of financing ability of guarantee institutions. Generally speaking, the amount of credit guarantee can reach 5-10 times of registered capital.

At present, the credit magnification of guarantee institutions in Fujian is only about 2 times. Most of the assets of the "quality" banks are faced with small and medium-sized businesses with relatively high risk coefficient, and the guarantee institutions will naturally have some choices.

"My feeling is that the bank came to see me. It was nothing more than the 100 million yuan capital deposit of China Unicom, though they never knew it."

Chen Wenshan told reporters that in recent years, Fujian has made a lot of efforts in expanding the capital of the guarantee institutions. At present, there are more than 130 guarantee institutions in Fujian Province, with a balance of about 5000000000 yuan.

Chen Wenshan is right to say that the capital of the guarantee institutions is important, but merely emphasizing the number of them will only cause the banks to pay more attention to the Guarantee Corporation's registered capital and ignore their risk management ability.

"It's like a F1 driver with the best car race, and it doesn't always win the championship. The key lies in the Guarantee Corporation's risk management capability."

According to the relevant personages of the Fujian provincial finance department, the risk compensation special funds of small and medium enterprises credit guarantee institutions will, according to the scale of the special funds for risk compensation, arrange for the guarantee institutions to provide loans for banks for small and medium-sized industrial enterprises to guarantee the proportion of 8% of the annual guarantee. According to the special audit, the guarantee institutions that provide bank loan financing guarantee for small and medium sized trade enterprises will be compensated by 5% of the annual guarantee amount.

The total annual financing guarantee liability of the same enterprise exceeds 15% of the registered capital, and the risk compensation fund is calculated according to the ratio of 15% of the registered capital; and the risk compensation fund is calculated according to the 8 million yuan of single financing guarantee amount exceeding 8 million yuan.

According to statistics, at present, about 47% of SMEs in Fujian province are financing through private lending, 45% through bank or credit union loans, the rest are financial subsidies, and private lending has a high interest rate, while the bank loan threshold is not low. "You can imagine that once the guarantee agencies lower the threshold and expand business volume, these SMEs will naturally seek financing from the guarantee agencies."

Ye Baozhu believes that due to the limitation of funds and credit lines, the guarantee agencies generally focus on the business of SMEs, but the number of small and medium-sized enterprises in Fujian is huge. With the increasingly tight business environment, the demand for funds is unprecedented. The existing guarantee institutions can not meet the financing needs of enterprises.

Therefore, the introduction of the measures is just the right time.

According to the above figures of Fujian provincial finance department, the declaration of risk subsidy project has begun this year.

"We should know that at present, the guarantee fee charged by the Guarantee Corporation for financing guarantee is generally less than 5% of the guarantee amount. If the method is implemented, if the project is declared successful, it means that we will get more than two times of the original guarantee once every successful guarantee has been made.

Even if the guarantee fails, the losses will be compensated. "

Chen Wenshan told reporters.

As a matter of fact, due to the higher guarantee threshold and strict guarantee procedures, the bad debt rate of each Guarantee Corporation is very low, "almost to zero". With special funds, guarantee agencies will undoubtedly accelerate the development of SME business and appropriately reduce the guarantee threshold, so as to benefit more SMEs.

Ye Baozhu predicted that "as a result of a substantial increase in yields, there may even be a guarantee agency chasing small and medium-sized enterprises" phenomenon.

During the interview, Mr. Xu, a business leader of HENGFA Company limited by guarantee in Quanzhou, told reporters that in the first half of this year, the SME financing guarantee business was only more than 20, and the guarantee amount was less than 18 million yuan.

After the introduction of the measures, the company responded at the first time, and in less than 20 days, it secured a financing guarantee for more than 10 small and medium-sized enterprises with a guarantee amount of more than 5 million yuan.

"I think the following businesses will pay more attention to this business. Our company will continue to expand some new customers on the basis of stabilizing the old customers."

Therefore, if it is not elsewhere, "small businesses" will not resort to complex private lending.

Because loans through Guarantee corporation can not only reduce the loan cost of SMEs, but also regulate the lending market. Enterprises and guarantee institutions can benefit from it.