Financing For Smes In Zhejiang Is Hard To Come By.

Because of the control of credit scale, many enterprises that are dependent on financing have been having a bad time. For small and medium-sized enterprises, financing may be a difficult problem.

Look at the reporter's investigation in Zhejiang.

Ningbo lion Dun group is the clothing manufacturer of the 2006 World Cup. Their products have always been more competitive in the field of sportswear production.

However, after finishing the business account of the first half of this year, Xie Chaojun, general manager, frowned.

Xie Chaojun, general manager of Ningbo Lion Group Co., Ltd., said: "we now have 13 branches, the previous 13 branches, last year have been kept in the state of profitability, and is constantly rising.

This year, however, the situation is quite different. We have 3 branches, and there have been losses for 6 consecutive months from 1 to June. This concentration also reflects the whole situation in Ningbo.

Ningbo's industrial enterprises in some areas around the world now have less clothing and less than 100 employees.

Therefore, now in Ningbo, and Hangzhou, Xiaoshan and other places, because of the decline in profits, many enterprises are trying to upgrade the industry and increase the added value of products, but the funds needed for development have become a new problem.

Xiang Xingfu, vice president of the textile and dyeing Association of Xiaoshan District, Hangzhou, said: "if you want to adjust your structure, you need financial support, and the tighter the funds are, the more likely it will be a passive adjustment in terms of its structural adjustment. In fact, it is also a very difficult problem."

In Wenzhou, many small and medium enterprises, including lighters, shoe leather and other industries, are also facing the problem of shortage of funds for development.

This has made Wenzhou's local private lending particularly active this year.

Zhou Dewen, President of Wenzhou SME Association Development Association, said: "Wenzhou's private capital is roughly 45 billion, and the scale of 45 billion to 50 billion has increased by about 60 billion this year."

Changes in the international market, appreciation of the renminbi and rising labor costs are all important reasons for the survival difficulties of enterprises. The tight monetary policy has made the trend of bank lending to the dominant and medium-sized enterprises more concentrated, which further aggravated the financial difficulties of SMEs.

According to a survey conducted by the Zhejiang banking regulatory bureau, the loan interest rate of SMEs in Zhejiang has increased by 30% to 50% this year, and the real interest rate has doubled since the beginning of last year.