Financing For Apparel Industry Observation: Overcoming The Last Straw Of Enterprises?

Now there are more and more customers, "said Li Fanggui, manager of Dongguan Long Wei Industrial Co. Ltd." "causing difficulties in capital turnover."

In fact, the past customers are cash pactions, and now customers check the invoice 45 days after checkout, from the next order to settlement may take half a year.

This brings financial pressure to many small and medium-sized enterprises.

Is there any solution?

Going to loan?

"Because there is no collateral, we can not get bank loans."

Some enterprises say that the threshold of banks is too high.

In fact, for banks, the cost of small loans and large enterprises is larger than that of large enterprises.

In fact, since 2012, the rate of examination and approval of loans to clothing enterprises has slowed down. Many enterprises reflect that it is difficult to pass the examination and approval now.

Even if loans can be made, interest rates will discourage many companies.

Guangdong SME Association survey found that the comprehensive interest rate of private enterprises loans reached 15% to 18%.

"The profit of traditional enterprises is generally around 5%."

Some enterprises say that in practice, they are working for banks.

In fact, the interest of a company's 20 million yuan loan in 2011 was more than 100 yuan higher than that of the previous year.

Similarly, at the beginning of this year, reporters learned from the spring research activities organized by the China Federation of textile industry.

In fact, banks also set up various obstacles for corporate loans.

For example, a clothing loan to a bank is one hundred million, and a bank wants the enterprise to deposit 30 million first.

As a result, the enterprise actually only loans 70 million yuan, but still pay the bank one hundred million interest.

It is a smooth loan. For garment enterprises, there is also a short term.

For example, in order to raise 1 loans and 3 million loans, a clothing company in Henan used to buy new production lines and recruit new employees.

However, in accordance with corporate profits, the loan principal and interest can be paid at least three years.

A year passed.

Even so, the central bank raised the reserve requirement in 2011. "Banks are now in debt again."

This has made many enterprises even worse.

Helpless enterprises have to turn their attention to private lending.

"Shen Kui, the owner of Wenzhou Zheng Deli Shoes Co., Ltd., while jumping off the building, has two loan recipients at the scene."

The insider said, "they will not beat you or scold you. They will follow you every day.

Go to your office, when guests come, they ask for money, or even go to your home and sleep on your sofa, seriously affecting the normal operation of the enterprise, and even threatening the safety of individuals and families.

"Private lending is the last straw that overwhelms the enterprise."

Zhou Dewen said.

This once triggered a big discussion of the "financial crisis in Wenzhou".

Therefore, in October 4, 2011, Premier Wen Jiabao of the State Council went down to Wenzhou for an inspection.

Since then, the central and local governments have concentrated on a series of rescue plan in Wenzhou, and the financial situation in Wenzhou has gradually stabilized.

Among them, in November 8th,

Meanwhile, the Wenzhou municipal government also issued the "12th Five-Year plan" for the development of Wenzhou's financial industry. In the next five years, Wenzhou will use seven major initiatives to promote the development of Wenzhou's financial industry.

"But in fact, there is no substantive action. I have not seen any specific action taken by any bank, that is, to find a few representative people to come out and act."

There are many people in the industry say.

On the other hand, the tax burden is getting heavier and heavier.

In the morning of October 26, 2011, in the process of "socialization management" in the tax collection of children's clothing processing enterprises in Zhili Town, Xu Rongquan, a representative agent who came to collect the house, was dissatisfied with the work of a Anhui Anqing owner because of his simple working method, and there was a dispute between the two sides.

The carelessness of tax policy and the simplicity of working methods are the direct reasons for this group incident.

In fact, many enterprises reflect that the burden of tax burden is large and has not changed for several years.

For example, when the product comes out of the factory, it will collect taxes, but some products may become inventories. The value added tax will not be added to the products, resulting in a heavier tax burden.

For example, the share of labor cost in the total cost of products has increased significantly, resulting in a reduction in the proportion of enterprises that can deduct the value added tax.

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In addition, there are many kinds of costs, such as social security, administrative fees, government funds and so on.

For example, the education fee attached to a certain place at the end of 2010 is assessed according to 3% of the total value added tax and business tax additional amount, followed by a new increase in urban maintenance and construction tax, and a total of two tax added on enterprise value-added tax and business tax added to 7%.

In addition, the site also raised the tax basis for levee fees, from 50% of the total sales revenue to 100% of the tax rate, and a tax basis for property tax, which was adjusted by the original value of a single property by 75% to the original value of the house and the land price. In recent years, the rate of additional local education fees has been raised at the same time, from 2% to 1% in the past.

In fact, taxes and fees have accounted for about 20% of the cost of enterprises. Enterprises have said that this is a great pressure.

In September 27, 2011, at the Symposium on the rule of law for the tax burden of private enterprises in the National Federation of industry and commerce, delegates generally reflected that the overall tax burden of private enterprises was high and the overall tax burden was very high.

To this end, Premier Wen Jiabao hosted a State Council executive meeting in October 26, 2011.

The meeting decided that from January 1, 2012 onwards, pilot projects for deepening the value-added tax system in some areas and industries should be carried out.

It is understood that the current value-added tax rate of 17% and 13% low tax rates based on the new 11% and 6%, two low tax rates.

This policy should be carried out in the pportation and some modern service industries in Shanghai. When the conditions are ripe, some industries can be selected for pilot projects throughout the country.

This is a good news for small and medium-sized enterprises.

Because the pressure of cost has already tested the bottom line of order cost.