Archive for October, 2010

Recently, the CBRC issued the “small loan company restructuring Provisional Regulations on the establishment of village banks”, thus, the establishment of more than 3 years and the last 2 consecutive profitable small loan companies may be transformed into Village Bank.

This means that in 2008 began a large scale pilot of the small loan company, is expected in two to three years, from the credit not only to keep the loan company (nature of business enterprises), “regularization” for financial institutions. It is understood, is now opened 583 small loan companies did not meet the terms for. The small loan companies to give a clear channel for conversion is intended to regulate the direction of small loan company.

Textile Enterprises to Solve Pressing

“The textile industry is difficult not happen overnight loans, as the industry average profit margin is low, less than 3%.” Wuxi Jiangyin a business official told reporters that, in addition to a very small number of listed companies and local support of the backbone enterprises, 90% of the textile business loans hard to . Tension in the capital of these enterprises, the main lending by large enterprises. “The textile industry loan interest only a few points, but even in the real estate downturn are also a dozen points, the banks tend to the latter course. Microcredit Company, which is higher interest on loans than banks, but that is a legitimate loan channel, possible solutions to the urgent needs of enterprises. “

“The small loan companies are likely to village banks, means that their future access to financial license.” Rural Development Institute Chinese Academy of Social Du Xiaoshan, deputy director, said, “Microfinance is a special product of the context, its ‘not only keep credit’ of the limit itself exists drawbacks, the South can be a lot of small loan companies money lending, face ‘famished’ case illustrates the point. In a sense, access to finance not only the license State support for rural finance, small loan companies are also developing their own survival and the inevitable. “

Textile Enterprises Not Touch Raw Nerve

According to regulations, small loan company’s registered capital ceiling is 200 million yuan. “Although small loan companies can to some extent alleviate the problem of a shortage of funds business, but as a form of private capital concentration, small loan company funds are limited, can benefit from the enterprise will not be too wide.” Industry experts pointed out that small loan companies because the investment enterprises are the strength of the local influential enterprises, owners of local businesses to grasp the situation very clearly. “For a considerable part of the much-needed capital but weak foundation of enterprises, as a greater risk, small loan company apparently does not easily lend them the money.”

Jiangsu Shengze’s interview, the boss of a large chemical company, said the current crisis is not just rely on loans can be resolved. By the international financial crisis, Europe, America, Japan and other countries of the spending power of the doldrums, demand is not, is the biggest crisis faced by the enterprises. Wenzhou, a clothing OEM business owner, despite his urgent need for working capital to enterprises in production, but because the “small loan interest rate too high”, he of the small loans, “not too interested.”

Social Networks: Mywolfbook.com - Chat groups, Meet new people, Meet hot guys online.