The Pain Period Will Eventually Pass And The Garment Industry Will Have A Turn For The Better.

The small and medium sized enterprises' demand for funds has the characteristics of small amount, high time, high frequency and short period, which leads to the higher marginal cost of financing for SMEs.

Wu Qing, a researcher at the Financial Research Institute of the development research center of the State Council, said that the financing of small and medium-sized enterprises is very difficult, and ultimately they have to narrow the scale of production and even die.

Vice president and Secretary General of Shanghai Development Research Foundation

The difficulties of China's manufacturing industry mainly come from two aspects, including internal factors, such as rising labor prices, increasingly tense land use and low added value. In other countries, the demand of developed countries is low, and foreign enterprises pfer factories to Vietnam and other countries.

Therefore, China's manufacturing industry should be academically referred to as the "smile curve" movement at the two ends, from simple processing to the field of design and sales.

For enterprises, in addition to accelerating pformation, the most fatal is undoubtedly the capital chain.

"The capital chain is intact, at least it can be sustained, the capital chain is broken, and it is really over." Li Hao has complained to reporters about the difficulties for more than one time. He said that the loans for SMEs are very difficult now, and they also need to pay high interest rates.

"For small and medium-sized enterprises, the policy is to support, in fact, is unable to support", well-known bank loan officer Liu manager in an interview with reporters outspoken, "for example, engaged in steel trade, building materials manufacturing enterprises, has been listed in the list of warning companies."

"From the national macro policy, we should support it.

Development.

But from a banking perspective, manufacturing is facing such a predicament that banks must first ensure the safety of loans, "Liu told reporters.

For the loan, Li Hao also counted such an account to reporters. The final interest rate granted by the bank was 8%, but he actually paid more than 10% of the cost.

In addition to the usual financial consultancy fees and commitments, the so-called "survey fees" and "data charges" have been stopped in the past few years, and they have been changed into "quick release fees" and "capital adjustment fees". These costs are generally 1 to 3 percentage points of the loan amount.

In order to safeguard relations, some so-called "human spending" is inevitable.

More than one business owner told reporters that banks are generally willing to lend to two types of enterprises: one is large and medium-sized enterprises, the other is the government supported or related to the leadership or relevant departments of the government.

"These backgrounds are not short of money, but banks are more willing.

Give them.

And we need more capital turnover, but we can not get loans from regular channels such as banks.

A survey conducted by Shanghai University of Finance and Economics shows that in the Yangtze River Delta region, more than 60% of the respondents in the survey show that there is a shortage of funds, especially private enterprises, which are as high as 74.6%, and the main difficulty is the shortage of liquidity.

From the perspective of the ownership nature of SMEs, the shortage of private enterprises in the Yangtze River Delta region is most common, and 74.6% of private enterprises are short of funds.

The reasons for the financing difficulties of small and medium-sized enterprises are multifaceted and multilevel. It is by no means a separate issue. It is the result of micro and macro constraints such as limited financing capability, imperfect financial system, inadequate supply of government system and financial support.