Wenzhou'S First Batch Of Small Loan Companies Opened

After the establishment of Cangnan Lianxin, Yongjia Ruifeng small loan Co., Ltd., which is also one of the first batch of small loan companies in Wenzhou, officially opened its business on September 18. It is understood that the company is initiated by Aokang Group, the leading shoe industry in China, and jointly established with other 9 enterprises. The total amount of loans from the village's small businesses to the village's small businesses was 2.9 million yuan. entry threshold since the people's Bank of China and the China Banking Regulatory Commission jointly issued the guiding opinions on the pilot project of small loan companies in May this year, Zhejiang Province is the first province to carry out the pilot project of small loan companies. subsequently, Zhejiang Province and Wenzhou City respectively issued the Interim Administrative Measures for the pilot project of small loan companies in Zhejiang Province and the guiding opinions on business operation of small loan companies in Wenzhou City (Provisional) to carry out pilot projects of small loan companies. It is pointed out that the policy of "five small loans" should be set up in each county, and the number of "Five" companies should be set up in priority. However, with 11 pilot projects and 5 special places, the first batch of tickets is only 16 at most, and a competition of enterprise strength is launched. A large number of strong private enterprises, guarantee companies, venture capital companies vie for this rich "cake". In order to solve this contradiction, Hu Sheng, deputy director of the financial affairs office of Yongjia County Government, reluctantly said that only by raising the entry threshold and making special provisions on the main promoters in addition to the provincial and municipal conditions, better enterprises can come in. In terms of access qualification, the main sponsor of a small loan company should be a local private backbone enterprise with industrial and commercial credit management AAA level or above, net assets no less than 50 million yuan (less developed counties no less than 20 million yuan), asset liability ratio not higher than 70%, three consecutive years of profit and total profit of 15 million yuan (less developed counties 6 million yuan). During the pilot period, foreign-funded enterprises and foreigners are not allowed to take shares. after a fierce battle, Aokang group stood out and became the main sponsor of Yongjia Ruifeng small loan company, which was jointly established with other 9 local enterprises. some people in the industry believe that Aokang, as one of the benchmark enterprises in Wenzhou, has obtained the business license of a small loan company. Four years ago, China Switzerland consortium, the first private financial group in China, was established under its leadership. This is Aokang's re test in the financial field, aiming to upgrade the industry and build a financial industry chain. Rui Feng is not allowed to make a full capital deposit and collect a total of RMB 100 million from the company's registered capital, which is not in accordance with the regulations. ???? Wang Zhentao, chairman and President of Aokang Group, said that Ruifeng would implement differentiated management in strict accordance with the relevant provisions of the CBRC and the people's Bank of China. Different customers may have different loan interest rates, but the upper limit is no more than 4 times of the central bank's benchmark interest rate, and the lower limit is not lower than 0.9 of the benchmark interest rate Monthly interest rates generally range from 10.2 ‰ to 23.1 ‰. The loan term and loan repayment shall be determined by both parties in accordance with the law on the principle of fairness and voluntariness. these are also reflected in the first three other microfinance companies that have opened their businesses. The interest rate of loans for "Sannong" and "Sannong" is about 12% for "Sannong" and "Sannong" loans, with an interest rate of about 12% for the "Sannong" and "Sannong" loans, with the interest rate of about 12% for the "Sannong" and "Sannong" loans, which are between 15% and 15% respectively. Compared with the general commercial banks, Ruifeng's concept of "easy to borrow, easy to repay and finish on the same day" shows that it is more convenient in terms of lending procedures and procedures, paying attention to integrity, fast and efficient. For loans with good credit and complete procedures, funds can be in place on the same day. If on-site investigation is needed, it should be completed within one working day at most. At the same time, this is also the standard and standard for internal staff requirement. There are four kinds of loan modes: guarantee loan, mortgage loan, pledge loan and credit loan, all of which are simple and feasible. ???? When the borrowers are not allowed to extend the loan to small and medium-sized enterprises, they should not extend the loan amount of more than 50% to the small enterprises, and the loan amount should not exceed 50% of the loan amount to small and medium-sized enterprises. "Now that we have this money, our old village reconstruction plan can be implemented immediately." The person in charge of the signing ceremony of Rui Feng Village North Village Committee said on the day of opening. in Yongjia Ruifeng's customer list, most of them are farmers, farmers, and individual businesses. In addition, there are local shoe and clothing enterprises, all of which are small in scale. "In addition to preferential interest rates, our main direction is to provide services for the development, management and financial consultation of small and medium-sized enterprises, agriculture, rural areas and farmers, and new rural construction." Wang Zhentao talked about this. Helping private enterprises "survive the winter" "it's really hard to survive. Thanks to the timely pilot of small loan companies, we have a chance to breathe." A small business owner who has just obtained a loan of 500000 yuan from Yongjia Ruifeng small loan company said happily to the reporter, "this year's economic situation is sluggish, the operating costs are rising, and the funds are extremely tight. The bank simply does not give us loans to these small enterprises. The annual interest rate of private usury is at least 70%, some as high as 100%. The risk is too high, and the point of OEM profit is too high The money can't even pay the principal with interest, but the interest rate of small loan companies is much lower. We have an additional financing channel, which effectively alleviates the problem of capital shortage. On the day of its opening, Li Lianzhong, director of the Economic Bureau of the Policy Research Office of the CPC Central Committee, pointed out that there are more than 300000 small and medium-sized enterprises in Wenzhou. Under the background of tight monetary policy of the state, many enterprises are facing capital difficulties and it is difficult to obtain loans from the main channels of banks. However, with the opening of the first batch of small loan companies such as Yongjia Ruifeng, the vitality of Wenzhou private capital has been further stimulated, at the same time, the financing channels of enterprises have been widened to a large extent, and the financing bottleneck problem has been solved. Many small and medium-sized enterprises struggling to survive will also be rejuvenated. "icebreaking" pilot "small loan companies are simply" tailor-made "for Wenzhou. Yongjia Ruifeng pilot project is a" ice breaking "to regulate Wenzhou private capital, indicating that the financial reform of our city has entered a new stage." Zhou Dewen, President of Wenzhou SME Development Promotion Association, said, "the promulgation of the opinions has given Wenzhou private capital, which has always been in the" underground ", an opportunity to transform into a" sunshine "legal business, and to some extent curb and reduce illegal financing In this regard, a Wenzhou lender who used to be active in the "gray zone" felt deeply about this. In the past, when lending to people, the monthly interest rate of 6 points was the bottom line, and the profits were rich and true. However, he was always worried. Because there was no legal identity, the nature of "usury" was very dangerous after all. Now, the "stone hanging in the heart" can finally land. Although the interest rate is lower than the original, the risk is also weakened, and the loan funds are protected by law. Tell the truth in one word. "although Wenzhou small loan company opened later than Haining and Huzhou, its influence and far-reaching significance are far beyond that of other regions." The head of Zhejiang Financial Office said. ???? "Because in Wenzhou, the" wind vane of private enterprises, "the" underground capital "accounts for 30-40% of the capital sources of private enterprises. The scale of Wenzhou's private finance is about 600 billion yuan, accounting for about 1 / 20 of the total amount of the country. In addition, due to the recent stock market decline, the property market turns cold, and the small and medium-sized coal mines are closed for rectification, a large amount of Wenzhou capital has begun to flow back to the local area, and the amount will continue to rise." However, some people in the industry believe that it is not easy for Wenzhou's huge "underground capital" to "go ashore". According to relevant regulations, the entry threshold for small loan pilot projects is quite high. The registered capital of 16 pilot micro loan companies is only 3.2 billion yuan, calculated according to the highest 200 million yuan. Compared with the huge private capital in Wenzhou, it is only the tip of the iceberg. Coupled with the more attractive profits of "underground banks", it is impossible to "collect" all of them. in addition, it is learned from the Zhejiang provincial financial office that the classification and evaluation of small loan companies will be carried out with relevant departments every year. Small loan companies that operate in accordance with the law and have no bad credit records should be recommended to the CBRC to be transformed into village banks according to relevant regulations. In this way, public deposits can be absorbed and the risk return level of shareholders will be multiplied. Maybe this is the most attractive place.