Enterprises In The Pearl River Delta Are In Urgent Need Of More Than 2 Billion Dollars.

Under the impact of the financial tsunami in the United States, the financial crisis of SMEs is coming more fiercely than ever before.

It is understood that there are millions of small and medium-sized private enterprises plus foreign capital in Guangdong, and the potential capital demand is more than 2 billion yuan.

In order to solve the problem of funds, many small and medium-sized enterprises have to seek a high risk of private financing, but the resulting usurious usury is also a frequent occurrence.

In fact, the scale of private capital in Guangdong is huge, but it can not play a positive role in the emergency of the enterprises in the Pearl River Delta. The experts call for private capital to be collected as soon as possible, so as to alleviate the predicament of financing difficulties for SMEs, and solve the urgent need of enterprises through the "hematopoiesis" of private capital.

Xue Xiaowei, deputy director of Shenzhen Guanlan toy factory, told reporters, "suppliers are worried that once they fail, they will not receive money, so the payment period will be shortened from 90 days to 60 days, which will make capital turnover of production enterprises even more difficult."

As a matter of fact, the closure of two toy factories in Zhangmutou town of Dongguan, which is the most recent concern of Hong Kong listed companies, is due to the fragmentation of the capital chain.

However, under the financial tsunami, banks tightened the standards of loan assets examination for export enterprises, especially the letter of credit issued by banks in the United States.

"If a person in charge of a business openly refers to the fact that the capital is not working well and the financing of the bank is difficult.

The supplier came to the wind in second days, and the purpose was to urge debt.

Xue Xiaowei said.

He said that before the Olympic Games, many textile and raw material manufacturers stopped production, resulting in a sharp rise in raw material prices by 5. Many textile enterprises were worried about insufficient supply of raw materials and soaring prices after the Olympic Games, so they put all their cash in advance and hoarded large quantities of raw materials, resulting in a tight working capital fund.

Xue Xiaowei told reporters that in the case of shrinking everywhere, a factory worker's two month salary gap would be enough for businesses to go bankrupt.

Take a factory with 6000~7000 workers, for example, the wage cost of two months is about 20 million yuan.

When the industry is in a healthy development cycle, 20 million yuan is not enough for a large scale enterprise.

"We have just completed the first draft of the" Pearl River Delta extroversion enterprise survival report "survey, which shows that the survival situation of export-oriented enterprises is rather bad. At the end of this year, 30% to 40% of enterprises may fail. The reason for this is that capital shortage is an important reason besides the weak export market, falling export prices and rising costs.

Li Youhuan, deputy director of the Institute of industrial economics of Guangdong Academy of Social Sciences and professor of economics, told reporters.

On the one hand, it is constrained by the complexity of the loan approval procedure of state-owned commercial banks. Even if it can lend, the loan amount is small and the time limit is short. From the perspective of private enterprises, their immature and irregular enterprise system also results in banks' reluctance to provide good financing services.

However, small and medium enterprises mostly rent factories, and no assets can be mortgaged when they need funds.

He acknowledged that most of the foreign trade businesses could only rely on their own funds to solve the problem.

Axin has worked in Guangzhou for many years, and he told reporters that in recent years, many small and medium-sized factories have been looking for private lending to help them.

According to him, the current interest rate is about 3 monthly interest rate, with an annual interest rate of 36%, while commercial banks cut interest rates yesterday, and the interest rate for one-year loans is 6.66%.

However, in the economic downturn, private lending is also worried that money can not be recovered after loans.

Axin told reporters, "it is unsecured loans, but we usually require cars, houses, or gold and silver jewelry as collateral. Now even if we open BMW, we won't be able to borrow much money."

According to the Xinhua news agency, due to difficulties in operation and tight funds, some SMEs are forced to borrow money from the public at high interest. Since this year, the situation of phagocytosis of small and medium-sized enterprises by private usurious loans has occurred in various parts of Guangdong, causing some unstable factors.

Two months ago, Huidong County occupies nearly 20 acres, has 3 production lines, the annual output value of more than 30 million yuan of the Long Wei shoe company, because of arrears "big ears" money, profits, enterprises can not repay, overnight, the company's operator Yang Xing and the whole family fled, leaving only empty factories and a group of workers.

Since the start of the pilot project of Zhejiang microfinance company, a number of financial institutions in Guangzhou, Shunde and Dongguan have submitted applications for microfinance companies to the relevant parties.

Chang Lin, director of the Institute of enterprise management and Decision Sciences of the Guangdong Academy of Social Sciences, said that the preparation of a new enterprise will be more conducive to the growth of new enterprises in the rising period of the industry. At the moment, the financial environment is not very good, which may be the reason why the Guangdong Commercial Bank is preparing to shelve.

Experts believe that rather than waiting for commercial banks to "blood pfusion", it is better to use their own capital to make their own blood supply. This move can not only revitalize Guangdong's huge private capital, but also ease the predicament of financing difficulties.