Home Textile Sub Branch To Increase Financial Support For Home Textile Industry

In recent years, the financing difficulty of small and micro enterprises has been a major problem that plagued the steady and rapid development of all walks of life.

Industry is no exception, because the industry threshold is low, especially small and micro enterprises.

After the economic crisis, enterprises were hit by such factors as market downturn, labor shortage and unstable raw material prices. Many small and micro enterprises were hovering on the brink of bankruptcy because of lack of funds, and even some enterprises simply closed down.

Why is it so difficult for small and micro enterprises to get loans? The reason is that the business process and results are opaque and lack of credit vouchers. At the same time, information between banks and enterprises is not equal. Banks do not understand enterprises and do not understand the whole home textile industry.

In June 19th, China Minsheng Bank Nantong textile sub branch was established.

This initiative has officially announced the breakthroughs between the home textile industry and banks and established a relationship of reciprocity and trust.

Home textile small and micro enterprises are expected to use banking power, once again gain vitality.

3 years ago, we began to "small and micro" service.

Zhang Jing, President of Nantong branch of China Minsheng Bank, said: "this is the first domestic textile professional bank founded in the whole country. This is another initiative for Nantong branch of Minsheng Bank to reform its financial platform and way, and to serve the private small and micro enterprises."

Jiangsu provincial private economy research association consultant, vice president of Nantong Private Economy Research Association, and former vice chairman of Nantong CPPCC Shijing think that Nantong branch of Minsheng Bank can not only boost the rapid development of Nantong home textile industry, but also more importantly, it is of great significance to reform the financial system and crack down on the financing difficulties of private small and micro enterprises.

Zhang Jing said: "China Minsheng Bank has a natural close relationship with private enterprises.

Minsheng Bank's market positioning is "to be a bank of private enterprises and to be a bank of small and micro enterprises".

In fact, as early as 3 years ago, Minsheng Banking system set up a "small and micro enterprise finance department", focusing on providing financial services for private small and micro enterprises.

And has taken a series of measures: first, the issuance of "loan voucher", that is, to the small and micro enterprises recommended by the government, to subvert the traditional way, do not superstitious enterprise statements, and focus on the real situation of enterprises through the "water meter, electricity meter, payroll" and other original records, and issue "loan vouchers" when the conditions are met.

The small and micro enterprises that get the "loan voucher" can get loans support at any time through the green private channel, the fastest 3 hours and the slowest 5 working days.

The two is to expand the market coverage of the "commercial credit link" by applying the concept of "large number rule" and "revenue coverage risk", and actively batch credit to the small and micro enterprises in the professional market and industrial clusters. Through the small and micro finance 2 upgraded loan approval system, batch approval of group loans has greatly improved the efficiency of examination and approval, reduced the risk of banks themselves, and also met the capital needs of small and micro enterprises in bulk, effectively reducing the financing cost of customers, and enhancing the voice of customers and banks.

The three is to set up the "wealth room for people's livelihood" and set up a "small and micro enterprise club" to provide training, consulting, entertainment and other services for small and micro enterprises, so that they can enjoy the partnership and VIP treatment.

There is also a forward service window, extending the business terminal to the regional characteristic professional market and industrial cluster. The customer manager stationed at the office, with the help of the "technology of collecting cash and silver" technology and electronic means, completes the settlement service quickly and efficiently, and reduces the cost and reduces the paction cost of the enterprise.

Zhang Jing said that these initiatives made good conditions for the creation of the first home textile sub branch in the country.

The establishment of Nantong home textile sub branch will further improve financial services and promote financial reform.

Home textile sub branch plays three roles

What causes the Minsheng Bank to set up home textile sub branch? Zhang Jing tells such an example: Nantong think.

As a small business, last year, it encountered huge price fluctuations caused by shortage of raw materials.

Because the company has no real estate mortgage and the business owner is outsider, it is difficult to obtain loans.

However, the Nantong branch of Minsheng Bank granted loans by collecting data, and in just 1 weeks, it borrowed 2 million 200 thousand yuan.

Owing to the timely loan, the raw materials of the enterprise saved more than 30 yuan cost.

It can be seen that the support of banks plays a vital role in the stable and sustainable development of small and micro enterprises.

Nantong branch of Minsheng Bank has accumulated more than 8 billion yuan credit in one year, of which more than 50% are invested in small and micro enterprises, and over 3000 small and micro businesses are serving.

This not only means that banks are closely related to enterprises, but also embodies the characteristics of Nantong's specialized market concentration and small and micro enterprises.

It is reported that during the "12th Five-Year" period, Minsheng Bank Nantong branch will lend 20 billion yuan to 1 000 small and micro enterprises in Nantong, and effectively support Nantong small and micro enterprises to accelerate development and become bigger and stronger.

Zhang Jing said that after the establishment of the home textile sub branch, it will play a major role in three aspects: first, give full financial services to enterprises in the home textile market, especially small and micro enterprises; two, give credit support to the infrastructure construction and expansion of the home textile market; three, provide financial services to Nantong home textile enterprises further out of Nantong and go abroad to help them grow bigger and stronger.

In addition, in the establishment of Nantong home textile sub branch, China Minsheng Bank Nantong home textile industry business cooperative was set up. Its home textile industry asset management Co., Ltd. and Nantong livelihood textile development fund were set up to provide guarantee and mutual assistance services for home textile enterprises respectively.

For example, the livelihood textile development fund, which is invested by private enterprises, has a scale of 50 million yuan, and the guarantee amount can be expanded 15 times to increase bank lending. At the same time, enterprises will get 5% of bank loans to invest in the fund.

In this way, the fund can grow more and more like snowballs, forming a virtuous circle.

Shi Jingqian believes that these innovations have been innovated.

The new platform of close integration, mutual penetration, complementary advantages and win-win cooperation between service enterprises and real economy enterprises reflects the new trend of the reform and development of the modern financial industry. It has actively explored the worldwide problem of financing small and micro enterprises, and should constantly improve and improve in practice.