Why Are Entrepreneurs In Wenzhou Running Away From Regular Bank Financing?

< p > in the eyes of outsiders, the main reason for Wenzhou entrepreneurs' running and jumping off was the break of Wenzhou's underground financing chain.

By usury, we can not afford the money. The end result is not running or jumping off the floor.

However, there are still many entrepreneurs in Wenzhou. There is nothing to do with underground banking, which is caused by regular bank financing.

Moreover, these entrepreneurs, despite the same end result, have different reasons for running.

As tuon Weng said, happy businesses are all alike, and unhappy businesses have their own misfortunes.

They are all in charge.

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< p > A enterprise is the most traditional enterprise, do a target= "_blank" href= "http://www.91se91.com/" > clothing < /a >, most of the list export.

Over the past few years, business has become more and more difficult.

From the perspective of demand, the US sub prime mortgage crisis and the outbreak of the European debt crisis have resulted in a shrinking market for the most important exporters, the United States and the European Union, and weak demand.

From the perspective of supply, recruitment has become more and more difficult in recent years, and the cost is higher and higher. The RMB exchange rate has risen sharply, and the appreciation rate is hard to predict, so it can not evade exchange rate risk in the contract, and trade financing becomes more and more difficult and the cost is higher and higher.

All these results in a significant increase in the production cost of A enterprises.

Because the clothing industry is a buyer's market, A enterprises can hardly convert the cost increase into price rise (which will cause a significant decrease in export volume). Therefore, A enterprises have to rely on their own profit margins to spend more than a half of their cost rise.

In the first half of 2013, the RMB exchange rate was exceptionally strong, which caused a sharp decline in A enterprises' export to the US outside the market. Due to insufficient profits, A enterprises could not repay the principal and interest on time.

In desperation, A enterprises closed down, and a entrepreneur ran away.

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< p > compared with A enterprises, B enterprises have completed the upgrading of industrial structure in the past 10 years, from clothing to mechanical and electrical products, and the export market has been diversified from Europe and America to all parts of the world.

Therefore, whether the growth in Europe and America is weak or the domestic factor prices are rising, the impact on B enterprises is far lower than that of A enterprises.

So why is the owner of B enterprise running away? < /p >

< p > the story goes back to two years ago.

At that time, the growth rate of China's economy declined significantly under the impact of external crisis.

To boost economic growth, the government has liberalized credit gates and encouraged commercial banks to issue loans.

Commercial bank's credit manager found B business owner B, earnestly advised B enterprises to make more loans.

Boss B sees the loan interest rate is very low, can not resist temptation, borrow money from commercial banks.

Because the normal production and operation activities can not use so much money, so the boss B put most of the bank loan funds into the real estate market in Wenzhou, and bought a number of residential and commercial shops.

With the rise of Wenzhou's real estate prices, boss B got considerable Book wealth.

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< p > unfortunately, in the highest price of housing in Wenzhou, boss B did not realise the investment.

With the decline of China's economic growth rate, the non-performing loan ratio of commercial banks began to increase, and the risk control of banks began to strengthen.

Especially in the first half of 2013, as the central government strengthened the supervision of shadow banking, commercial banks began to shrink their loans to private SMEs.

Therefore, commercial banks began to pressure B enterprises, requiring B enterprises to repay bank loans in advance.

Unfortunately, the housing prices in Wenzhou have dropped significantly and the volume of pactions has shrunk.

In order to repay bank loans, boss B had to sell the property at a very low price, resulting in a significant loss of business, and boss B had to run.

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"P." if the A business boss is running the road because of the problem, the B business owner runs the road because it has a problem.

Then the C business owner is going to be difficult to understand.

First of all, C business has no problems, similar to B enterprises, C enterprises have completed the upgrading of industrial structure, from low value-added clothing "a target=" _blank "href=" http://www.91se91.com/ "> shoes" /a "hat to higher added value mechanical and electrical products; secondly, C business owners are cautious in nature, no excessive borrowing of bank loans to invest in the asset market.

Therefore, compared with the two bad enterprises of A enterprise and B enterprise, C enterprise should be regarded as a very good enterprise.

So why did C's boss, C, finally have to run away? < /p >

< p > the problem occurred a year ago.

A year ago, the willingness of banks to lend was still strong, but lending standards had tightened.

As a result, A enterprises are hard to obtain bank financing on their own.

Therefore, the credit manager of the Bank of Commerce convened a meeting of the owners of A, B and C enterprises, a group of enterprises, and three enterprises to encourage them to obtain financing through UNPROFOR.

In this way, not only poor qualified A enterprises can get financing, but also better qualified B enterprises and C enterprises can also reduce the cost of loans. Is this not all the beauty? Therefore, despite the fact that they did not know each other before, the three companies signed the UNPROFOR agreement with pleasure, and the three party was 10 million yuan from the Commercial Bank of China.

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< p > for C enterprises, the unfortunate events have happened one after another in the past six months.

First of all, A enterprises suffered huge losses in the internal and external shocks, and the boss ran away. Secondly, B enterprises suffered huge losses in real estate investment, and they could not repay their principal and interest, and the boss also ran away.

Although the C business is in good condition and its management is steady, it has not invested in the asset market. But now, the commercial bank asks C to repay all the loans of the three enterprises on time, otherwise it will sue the court for enforcement.

Under the sad and UNPROFOR UNPROFOR agreement, the boss of C enterprise, although he was full of grief and indignation, eventually had to run away.

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Less than P, paradoxically, the joint insurance mutual protection was considered to be a highly valuable "a href=" http://sjfzxm.com/news/index_s.asp "market" /a "spontaneous innovation", which helped SMEs to get bank financing.

However, when there is a systemic impact, UNPROFOR mutual insurance is reduced to the evil mechanism of punishing good enterprises.

This can not help but let people think deeply.

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This story is repeated in Wenzhou from P to 2012 and the first half of 2013.

What is more regrettable is that the story is not yet over.

It is said that in the second half of 2013, more and more good enterprises in Wenzhou will continue to fall under the shadow of joint insurance and mutual insurance.

Businesses and banks have become losers.

So who has benefited from such games? < /p >