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    Shishi Shoes And Clothing Enterprises Have Participated In Credit Insurance To Reduce Their Own Losses.

    2011/6/1 14:12:00 339

    Shishi Investment Insurance Rate

    June 1st hearing

    Order

    Later, due to exchange rate fluctuations, "lost the wife and folded the army", a group of goods after shipment, the account can not be returned.

    In the business environment, risks are everywhere, and now some enterprises have also found ways to solve them by buying insurance for their products in order to avoid all kinds of risks.

    It is understood that this year, capital turnover is difficult, RMB

    exchange rate

    Fluctuations, Shishi part of the trade in small and medium-sized shoes and clothing enterprises have participated in credit insurance, in order to reduce their own losses.


    "The tightening of monetary policy of the central bank has a great impact on enterprises, and some small and medium-sized enterprises generally have cash flow problems."

    Shishi is famous.

    footwear industry

    The head of the company said that tens of thousands of pairs of craft shoes or leather shoes need three to five months' time from contract to order, and then to production and pportation.

    This year, from Guangdong and other places to enter raw materials, suppliers are required to pay cash, which virtually brings huge financial pressure to enterprises, "products will be backlog in warehouses in these months, which means that the capital turnover space of enterprises will be reduced."

    More fatal is that the threshold for SME loans financing has increased overall this year.

    capital

    Chains are more intense, and more and more "no fun".


    "In the face of the overall cash flow problem in the market, enterprises should not only raise funds themselves, but also have to work hard to avoid risks."

    Jinsha (Fujian) Footwear Industry Co., Ltd., Mr. Shi said that in the first five months of this year, a group of small and medium-sized enterprises in Jiangsu and Zhejiang provinces had to close because of the broken capital chain, so that the owners of Jinjiang and Shishi were worried.

    Since last year, the company's joint customers have already bought credit insurance for products that may have risks and accounts receivable and exchange rate instability, thus reducing the pressure of enterprises.

    "After the insurance, as long as the shipment is shipped, the insurance company will track the whole account. If the account is not returned, the insurance company will pay for it, so that the chain breaking of the enterprise will lead to the failure of the enterprise to produce normally.

    We should also use international practices at any time to urge the other party to pay.

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