Small And Medium-Sized Shoe Companies Can Not Hide The Multi Angle Debt.
At present, the financing difficulty of small businesses has become a recognized fact. A survey in Dongguan found that small and medium sized shoe enterprises in Dongguan went bankrupt. In addition to the shortage of loans, other related businesses, raw material prices and appreciation of the renminbi were also important reasons. Easily associated with related businesses
"I can't stand it any more," Mr. Dong, a shoe maker in Dongguan, sighed yesterday.
Mr. Dong is from Hunan. His shoe company is located in Dongcheng District, Dongguan. Since its opening in 2004, it has more than 300 employees. He told reporters that he did not have problems with his own funds, but because of the shortage of funds from other small businesses that had business dealings with him. The relationship between business and business is closely related, and the flow of funds in other sectors will not affect them.
The reporter understands that there are dozens of suppliers who are connected with a shoe company. These suppliers will affect the businesses that have contact with him as long as one side of the fund fails to operate.
"Now it's hard for small companies to get money from banks. Dongguan's thick street has been very busy in the past due to the development of shoe industry. Now shoe companies are falling down."
Mr. Tung told reporters that he had also opened an electronic factory, and received some orders, but the other party could not pay for the turnover of the funds. Up to now, he has not received nearly 500 thousand loans.
Yang, a local shoe manager, said in an interview with reporters: "the shoe industry in Dongguan has collapsed so much. Actually, it is a chain reaction. In the final analysis, enterprises can not get money. Banks are unwilling to risk lending to companies that are not promising. One fell down, implicated in the upper and lower families, and the result turned out to be one. "
Banks are reluctant to provide small loans.
The difficulty of financing small businesses has appeared in many places. Banks generally do not want to bet on risks and spend time in small businesses, and so do Dongguan.
A customer manager of a bank in Dongguan said, "even if you borrow money from a bank in the name of an individual, 500 thousand of the loans are generally not loans, let alone enterprises."
How much should the company borrow? The customer manager's answer is: 1 00000. Loans less than 500 thousand, even if there is no mortgage. His reason is that banks have to spend money on manpower and material resources to investigate and make information, so the consumption is not related to the loan quota, so banks are more willing to lend money to customers. However, for the "big money", banks will not give it up easily.
Huang Chunming, Secretary General of leather shoes industry association: Now small money is hard to borrow, but for small businesses, they have little project and need little money to turn around. If they borrow money from banks, they will not need so much money at first, and interest will also weigh on them.
Talking about the capital turnover of enterprises, Mr. Tung told reporters that he had not yet dealt with the bank, because he knew that even if there was a mortgage, it would be necessary to have a relationship with the bank loan. When money is needed, he prefers to withdraw other items and withdraw funds rather than run banks because he can not borrow money at all. Mr Tung told reporters that he had a very small company and had a cooperative relationship with his factory. Because the money can not be turned around, the villagers can't borrow money, so they finally have to watch the business shut down.
When some small business owners turn to cash flow problems, they will borrow money from the private sector and borrow money from familiar friends. The interest rate is generally 20~30 yuan, and there is no guarantee for them, all depend on credit. But there are also loans to usurers who are not familiar with each other. Mr Tung believes that if companies make a slight mistake, borrowing usury will lead enterprises to die faster.
Exports are 3 less than that of last year.
In an interview with reporters, Dong said that the RMB appreciation, the promulgation of the new labor law, the rising price of raw materials and the poor economic environment caused many shoe manufacturers to fail in Dongguan.
Huang Chunming, Secretary General of Dongguan leather and Footwear Association, told reporters that the price of shoe materials increased by 30% from the beginning of 2007 to now. With the appreciation of the renminbi, the business owners can not afford to take up the spirit of the export business. The owners are reluctant to accept the export list, afraid that the depreciation of the US dollar will erode profits.
According to relevant information, there are about 1500 shoemaking enterprises in Dongguan, while other shoe machine enterprises have about 2000, and shoe related materials, leather, hardware, chemical and other related shops are about 3500, with nearly 2 million employees.
Huang Chunming said that the dollar did not begin to depreciate recently, so many shoe makers began to reduce export orders from the end of last year, and were afraid to take orders. In addition to the worry that the exchange rate problem will affect the final income, the large list is also worried that it can not find so many workers to complete the task. He told reporters that the export of Dongguan footwear industry increased in 2007 than in 2006. Although the data in 2008 have not yet come out, he believes that the export of shoes in Dongguan will be 3 less than that of last year.
Mr Tung also said that his company turned to domestic sales and reduced exports, which was 50% less than that of the same period last year.
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