Textile And Garment Enterprises Credit Evaluation And Brand Competitiveness

　 A senior expert in textile industry has made a clear statement: "more than 90% of China's textile enterprises are small and medium-sized enterprises, and their financing difficulties are mainly caused by the lack of credit system, which is urgently needed to solve in the post international financial crisis." The establishment of credit evaluation system for textile enterprises not only provides strong evidence for enterprise financing, but also improves brand competitiveness of enterprises. From the industry, it can also form a good atmosphere of keeping promise and practice, and will generate endogenous driving force for the development of the industry.

　　 Two hardships for SMEs: lack of credit and lack of funds

In addition to macroeconomic factors, credit crisis is also one of the plight of clothing enterprises. The problem of funds is one of the difficulties encountered by clothing enterprises. Building brands and opening domestic stores are all about burning money.

Some of the owners of small and medium-sized clothing enterprises say the biggest difficulty they face is the weak demand in the international market, and the rising cost. Domestic RMB continues to appreciate, labor costs remain high, raw materials and energy prices continue to rise, and directly or indirectly make profit margins continue to slide. Because of the low integrity of enterprises, most enterprises can only obtain loans through property and equipment secured by the international financial crisis.

Small and medium-sized enterprises have relatively few property and equipment, so there is very limited support for them. Because of this, coupled with the irregular timing of payment by some domestic customers, capital has become a major factor that has troubled the development of enterprises.

"Our biggest problem now is the problem of capital. Banks are unwilling to lend us money. In fact, many SMEs have great potential. Our business structure has always been exported, productive and R & D, but because of the high extrovert, it has been affected by the financial crisis. A small and medium-sized garment enterprise manager told reporters.

The financial crisis has made it difficult for these potential enterprises, whether in normal production and operation, or in expanding scale, upgrading and upgrading, and lack of funds. Without credit guarantee, banks dare not lend money to SMEs easily. Therefore, finding effective financing ways and relieving capital shortage has become a life-saving grass for these small and medium-sized enterprises to continue to develop. The development of credit rating work can, to a certain extent, make banks feel reassured, and the credit risk will be effectively controlled to activate the capital market.

A-class enterprises have many benefits. 

The small scale of enterprises and the lack of credit system directly affect the financing capacity of small and medium-sized enterprises. In view of the practical difficulties of textile enterprises, the China Textile Industry Association has constructed the basic framework of the credit evaluation system for textile and garment enterprises. It has objectively analyzed and evaluated many factors such as finance, finance, human resources allocation, operation and operation, enterprise management, product quality, safety production, social reputation and so on.

It is reported that enterprises with credit rating of Grade A or above are established as their own credit archives, which are able to obtain multiple benefits. Credit rating is a powerful corroboration of honesty and business, and wins business opportunities in business activities, winning more business; by credit rating, enterprises can increase the trust of business sides, establish good credit relationship, relieve the worries of advance payment or credit sale business; the results of online credit rating evaluation are convenient for enterprises to give priority to selecting those with higher credit score as business partners, and those with lower credit rating can be careful to deal with them and effectively avoid commercial risks.

Enterprises can reasonably use the results of credit evaluation, such as the use of certification marks and credit rating evaluation certificates in media such as enterprise publicity materials, web pages and newspapers and periodicals, etc.; they can use certification marks in product packaging, product manuals, product qualification certificates, etc., and display corporate credit quality to financial institutions and government regulatory agencies.

Enterprises with credit rating above grade A have stepped into a pleasant way on the financing road, providing a powerful guarantee for solving their financial difficulties. Through credit evaluation, banks can also intuitively understand the status of enterprises and their ability to pay, and provide an important basis for their loans to enterprises.

　　 Broken faith enterprises will be included in the "blacklist" 

Du Yuzhou said frankly that the textile association will formulate relevant systems for the industry according to the needs of the credit construction work. The industry credit information collection channel and enterprise credit database will be established, and the credit archives and trading partner credit files of key enterprises should be included. At the same time, the China Textile Industry Association will establish a reward and punishment mechanism for trustworthy and discredited enterprises. Good credit companies are expected to enjoy preferential policies for raw materials purchase, while the discredited enterprises will be included in the "blacklist".

What qualifications do enterprises really have to qualify for application evaluation? It is reported that there are several important conditions: legally registered in the territory of China is an independent legal person qualification, whose main business is an enterprise legal person or other economic organization belonging to the textile and garment industry. The registered capital is not less than 5 million yuan RMB, and the business qualification of the company is full of 3 accounting years. In the past three years, there are main business income, and it is in a state of continuous operation. The enterprise has no serious breach of trust, and has not been severely punished by the industrial and commercial, environmental protection, quality supervision, taxation, customs and other regulatory departments in the past three years.

Ye Zhimin, director of the credit office of the China Textile Industry Association, told reporters that the credit record, qualification, business performance, management level, financial status, brand building, development potential and social image of the enterprise were included in the evaluation scope of the credit rating system of enterprises.

For the rating, he said the credit rating was divided into three grades and five levels. The grading standard is divided into A, B, C three, and so on, with AAA, AA, A, B and C five levels. The evaluation result is called "enterprise credit evaluation * * grade credit enterprise". The certificates and signboards of the credit grade shall be uniformly designed and numbered by the credit office of the Ministry of Commerce, and shall be issued by the China Textile Industry Association.

The validity of the credit evaluation is three years. Within the validity period, a credit review is conducted once a year for the credit granting enterprise. If the qualified person continues to enjoy the original credit rating or upgrade, the unqualified person should be downgraded accordingly. After the expiration of the validity period, the enterprise must re apply for the evaluation.