Yuanbaoshan Cashmere Enterprises To Solve The Financing Difficulties Of Small And Micro Enterprises

< p > when it comes to the financing difficulties of small and micro enterprises, banks, enterprises and governments have a lot of trouble: the banks have money in hand, but they are worried that the enterprises will not be able to lend much money because they have less mortgage. Enterprises need less than a href= "//www.sjfzxm.com/news/index_cj.asp" > capital < /a >, but they are hard to reach the threshold of loans. The government wants to help enterprises, but always can not find effective measures to worry.

How to solve this embarrassing situation? The successful exploration of the credit association of small and micro enterprises in Yuanbaoshan District, Chifeng, Inner Mongolia, gives the answer.

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< p > in recent years, the Yuanbaoshan District Committee, the district government, the people's Bank Yuanbaoshan sub branch and the local financial institutions have been working together to build an efficient financing channel for small and micro enterprises based on the Credit Union Association. The credit mutual fund of about 5000000 yuan has been driven by hundreds of millions of yuan of credit funds.

Up to now, there have been 10 associations of credit unions in Yuanbaoshan, involving many industries, including timber processing, cashmere products, special agricultural products, and more than 800 member enterprises.

As of the end of 10 this year, the local financial institutions issued a total loan of 220 million yuan through the association, which supported a small blue sky for the financing of small and micro enterprises.

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< p > walk into the factory of Bahrain Austrian snow Cashmere Products Co., Ltd., a row of advanced worsted computer knitting machines are running at high speed. The workers are cashmere less than a target= "_blank" href= "//www.sjfzxm.com/" > clothing "/a" box. The reporter inquired the price of each item is more than 1000 yuan, which is sold to the high-end products in Europe and America and Japan.

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< p > in the conversation with company manager Tian Jinghua, the reporter learned that he was also the president of the Yuanbao cashmere enterprise credit association.

"In recent years, many cashmere enterprises are difficult to continue.

If there is no credit union, we can not get loans to support, where will there be today! "/p".

< p > reporters learned that after the establishment of the Yuanbaoshan cashmere industry credit association, 5 member enterprises accumulated 29 million 520 thousand yuan of loans. These funds provided strong support for enterprises to upgrade their products and make technological pformation. The member enterprises purchased 37 computerized flat knitting machines and 43 computer knitting machines, which changed the situation of hand-held flat knitting machines in the past, enriched the color pattern of products, improved production efficiency and enhanced market competitiveness.

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< p > in the course of the establishment and development of the credit union, Yuanbaoshan takes "industrial support as the foundation, institutional constraints as the prerequisite, financial support as the key, government promotion as the guarantee", and the promotion of member self-discipline management, and further optimizing the credit environment.

It is learnt that at present, member enterprises pay a risk fund of 5 million 340 thousand yuan to the credit mutual fund.

Because of the risk control and sharing mechanism, once other member enterprises fail to repay the principal and interest on time, they can first use mutual funds to compensate them.

Tian Jinghua said that the association held a meeting every half a year to review the use and repayment of enterprise loans, absorb new members with good credit records, and cooperate with financial institutions to do well in post loan management so as to eliminate the occurrence of group risks.

"With risk management and good internal management mechanism, banks have lifted their worries and supported a href=" //www.sjfzxm.com/news/index_c.asp "and" small and micro enterprises < /a > with greater confidence and greater strength. "

The financial director of Yuanbaoshan District has left the heart of financial institutions.

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