Sichuan Association Of Small Loan Companies Set Up 1St Anniversary, Shoes And Clothing Enterprises Benefit

2011, Sichuan

Adhering to the direction of compliance in accordance with the law, following the market orientation, implementing the principle of "small sum and decentralization", giving full play to the advantages of small business and quick credit, and focusing on the credit demand of "small and micro enterprises", "agriculture, rural areas and farmers" and community residents, have made steady progress, distinctive features and obvious effects.

Small loan companies have a very good development momentum.

The province's small loan companies, as the newly emerging inclusive credit entities serving small and micro enterprises, "three rural" and community residents, have become an integral part of the financial system of the province.

In 2011, 164 small loan companies in the province received 22 billion 213 million yuan in total social investment, 23908 loans in total, 27 billion 680 million yuan in loans, and 16 billion 270 million yuan in loans at the end of the year.

Among them, loans to small and micro enterprises accounted for 7 billion 890 million yuan, accounting for 48.5%; loans to individual industrial and commercial households and urban residents were 6 billion 850 million yuan, accounting for 42.1%; loans to farmers were 1 billion 210 million yuan, accounting for 7.4%.

The above three types of loans account for 98.01% of the total loan amount.

Microfinance companies to attract private investment, serve the real economy, enhance customer financing efficiency, enrich financial services, innovate financial models, and make up for tradition.

Weak areas of financial services to meet the diverse needs of customers financing, has played a positive role in exploring, made a preliminary contribution.

It is estimated that the size and efficiency of small loan companies will increase substantially in 2012.

Small loan companies consolidate their strength and show harmonious small loans.

The effective service and innovation practice of small loan companies fully embodies the benefits of small loans, efficiency small loans, and innovation of small loans, which play an effective role in building a harmonious society, serving people's livelihood and serving entrepreneurship.

In 2011, 90 new small loan companies were set up in the province, with a total capital of 11 billion 701 million yuan.

Among them, Leshan, Deyang, Bazhong, Ganzi four cities (States) set up local small loan companies in 2011, and the whole province has realized 21 cities (States) small loan company's entire coverage.

The gradual establishment of small loan companies in various cities (States) has opened a new way of private investment, expanded the business coverage of the province, enhanced the influence of services, and played a pilot role in promoting the development of the real economy and building a harmonious society.

The province's small loan companies focus on the principles of emergency, credit and efficiency, and strive to solve the needs of customers.

In 2011, 93% of loans were temporary, short-term and revolving loans within one year.

The amount of temporary loans in the three month period is 2 billion 370 million yuan, accounting for 14.31%; the loans from 90 days to 180 days are 3 billion 750 million yuan, accounting for 23.06%; 180-365 days of loans are 9 billion 130 million yuan, accounting for 56.37%.

"Quick service, smooth turnaround, help in crisis, convenient customer solution urgently" is the consistent evaluation of the vast number of loan customers.

At the same time, the small loan companies flexibly develop guaranteed loans, credit loans, mortgages and pledge loans according to different customers' circumstances.

Of the total loans granted in 2011, 3 billion 790 million yuan was credit, accounting for 23.3%; guaranteed loans were 7 billion 410 million yuan, accounting for 45.5%; mortgage loans were 4 billion 140 million yuan, accounting for 25.5%; mortgage loans were 930 million yuan, accounting for 5.69%.

Among them, the proportion of credit and guarantee loans is 68.8%, which greatly improves the operational flexibility of small loan companies and the liquidity of borrowers' credit funds, and shows the efficient service and market competitiveness of small loan companies.

Focus on customer needs and innovate business models.

The province's small loan companies strive to innovate business models and increase business varieties.

Some companies rely on the industrial chain and value chain to provide timely tracking services for the upstream and downstream enterprises of the industrial chain and the credit demand of the value chain.

Some companies provide supporting credit and financing services by relying on the strategic links between the members of the industry organizations and the cooperative organizations of the enterprise groups.

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Some companies have innovating the loan models, such as accounts receivable, stock materials and equity pledge, to promote the flow and turnover of assets.

Some companies carry out strategic cooperation with industrial parks and industry background enterprises to expand financing services such as orders, invoices and joint guarantee.

There are also some small loan companies that explicitly put forward the principles and supporting measures to protect customers, attach importance to building long-term harmonious relationship with customers, fulfill their duty of social service while pursuing business objectives, establish their own culture and brand value, and show the leading and forward-looking exploration and demonstration role in the same industry.

Lay a good foundation for development and focus on long-term development.

In accordance with the basic requirements of market access and standardized operation, all small loan companies should establish a modern corporate governance structure, establish an internal control system, strictly engage in business operations, and strive to develop credit in accordance with the principle of "small sum and decentralization".

Correctly handle the relationship between immediate interests and long-term interests, strictly carry out business in strict accordance with the requirements of the competent departments of the government, and build a strong wall of "red tape" of three red lines, namely "scrambling for funds, usurious loans and violent collectors".

We should prevent customers from making "hot money and quick money" behavior, and strive to guard against all kinds of irregularities.

In 2011, the province's small loan companies achieved a total operating income of 1 billion 517 million yuan, and realized a profit of 562 million yuan.

19 of the companies that started the business started to run losses during the normal start-up stage.

The small loan company started paying a total tax of 380 million yuan in 2011.

We have achieved a comprehensive harvest of shareholders' interests, customer interests, business interests and social benefits.

Follow the commercial principles and carry out cooperation between banks and loans.

In 2011, a total of 37 microfinance companies carried out financing cooperation with banking institutions to obtain 2 billion 550 million yuan in the banking sector.

Support.

All small loan companies sign a business cooperation agreement with the relevant banks and implement capital custody.

At the same time, it has established business collaboration with banking, guarantee institutions, evaluation agencies, consulting institutions, law firms and other service industries.

Attach importance to corporate culture and brand building and establish a good image of the company.

All small loan companies attach importance to personnel training and introduction, recruit undergraduate and graduate students to enter this enterprise, and carry out diversified trade unions, Communist Youth League and so on.

Activities to build enterprise and industry culture.

The small loan companies actively cooperate and communicate with relevant industries, industrial parks and industrial departments, attracting commercial insurance, industry guarantee, industrial chain and value chain development mode to enter the field of microfinance business.

In addition, experts and advisors are invited to invite professional training institutions around the world to provide professional training and services, and to participate in public and charitable activities in the community and industry, and carry out colorful and promotional activities to improve the industry image of small loan companies.

Actively obey supervision and carry out industry self-discipline.

Under the leadership of the provincial finance office, with the support and response of small loan companies in Sichuan, the association of small loan companies in Sichuan was formally established and began to play the role of self-discipline, standardization, service and rights protection.

In 2011, five small loan companies in Sichuan province gained the reputation of the national top 100 companies, and 18 companies were awarded the "best" small loan company of Sichuan Association of small loan companies.

Each small loan company cherishes the reputation of the industry, pays attention to risk prevention and control, strengthens staff vocational training, adheres to prudent and standardized operation, avoids the occurrence of cases, ensures the safe and stable operation of the 2011, and becomes a harmonious and upward financial service force.

In June 24, 2011, the association of small loan companies in Sichuan was formally established and has gone through a year.

In 2011, the work carried out by Sichuan small loan companies and associations was understood and recognized by the provincial finance office, the provincial Civil Affairs Department, the people's Bank of China Chengdu branch and the Sichuan banking regulatory bureau, which laid a good foundation for the sustainable development in the future.

We believe that with the direct support of the provincial finance office and the strong support from all sectors of society, Sichuan's small loan shoes and clothing enterprises will contribute to the economic development of Western Sichuan by conscientiously fulfilling their responsibilities and giving full play to their functions. They will contribute to the development of the real economy and strive for improving people's livelihood.