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    Bao Da Footwear Industry Acts As A Loan Guarantor For Entrepreneurs.

    2010/4/9 9:15:00 17

    Footwear Industry

    A few days ago, there was a phenomenon in Quanzhou that enterprises used their assets as collateral guarantees to apply for bank loans to provide businesses for individuals to start businesses. The Po Da shoe industry and the Quanzhou bank have formally reached an agreement. The company is a loan guarantor for entrepreneurs. After receiving the audit of the application of Bao Da, the Bank of Quanzhou will provide 100 thousand to 1 million loans for individuals to start projects.

    Quanzhou youth business is ushering in new opportunities, and through the continuous circulation of corresponding financial instruments, such loans are not limited in theory.


    It is understood that Bao Da's youth entrepreneurship project will also be officially launched on the 19 day of this month at the Jinjiang Shoe Expo.

    Chun Ming, deputy general manager of Bao Da company, said that as long as young people aspiring to start a business are eligible to apply to the company, the business loans issued are used in the chain store project of the Bao Da Footwear Company, and the project must be carried out in cities above the national level.


    The mode of cooperation between the two sides is that the entrepreneurs are responsible for providing store and basic decoration, while Bao Da supplies shelves and goods.

    In terms of cost accounting, the cost of operation is borne by the entrepreneurs, and the promotion of goods and brands is done by Bao Da, and the founder and the company are equally divided according to the monthly sales volume.


    "This entrepreneurial activity, on the one hand, is supported by our entrepreneurial guarantee. The entrepreneurial youth with aspiration will have the opportunity to make use of bank financial instruments to meet their entrepreneurial needs. On the other hand, we can help us to expand the brand terminal consumption channels with the help of capital and achieve win-win results."

    Chun Chun said.

    Reporters learned that since last year, a lot of private enterprises in Quanzhou have launched entrepreneurial plans for university students, such as PEAK, XTEP, Guo Hui CBA, Po Da, and so on, or through cooperation with government departments such as the provincial Party committee, or cooperation with universities.

    Although there are some differences in specific operation methods, it has become a major way for Quanzhou enterprises to fulfill their social responsibilities and promote social employment.


    Guo Tiemin, Professor of industrial economics research center of Fujian Normal University, said that especially the competition of brand enterprises has been upgraded to terminal competition. Every enterprise has to add a large number of exclusive stores every year. Therefore, we can recruit a group of enthusiastic and capable university graduates, determine the quality of terminal operation of enterprises, and also can accumulate power for the sustainable development of enterprises.



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