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Forty-Six Textile Enterprises, Mutual Guarantee Sell Very Well Huang Jing Town
Thirty-two are lined up in the 1000 high-speed spinning textured full load operation, fine denier, differentiated products Qiaoxiao Zhejiang, Guangdong, Fujian and Shandong, and so on. March 9, Suzhou Textile Co., Ltd Kam-kai faction sell very well in sight, the chairman Mr Chan Kam-Lok said that thanks to the "mutual security." Such as "Jin-kai," the same benefit from the Mutual Guarantee plus shells enterprises in Taicang huangjing town 46.
Huangjing town to enjoy the "China plus bombs first town" reputation. At present, the town elastic fiber plus more than 1,200 industry related businesses have an annual output of DTY 100 million tons, accounting for about 20% of the national total, accounting for about 10% of world production. In May 2007, in order to break through the financing bottleneck, "Jin Kai," Mark Chan, chairman of the Joint 8 Le plus shells enterprise, registered 31 million yuan, was set up in Suzhou swatow company limited by guarantee. That year, the companies combined 124 million secured loan on the mutual assistance, company limited by guarantee swatow immediately to 62 million yuan of registered capital.
Cheng begun to taste the sweetness of the associated company after huangjing Canadian bomb industry enterprises have to follow in order to clear as chairman days Qu Zhen Yue Investment Guarantee Corporation and to Zhen-balls as chairman of the Investment Guarantee Corporation, paid ground set up last year. At present, the city's cluster of mutual financing guarantee mechanism-based security company has opened three. Registered a total capital of 96.8 million yuan, could provide SMEs with nearly 5 billion in loan guarantees.
It is understood that all three companies a guarantee of the membership system. This new form of security, not only simplifies the member enterprises to bank financing of general procedures, improve the financing rate, but also increased the amount of financing. Member companies as well as reduce the financial cost, financing and is exempt from charges, guarantee fees and so on. According to statistics, three company has helped 46 small and medium enterprises access to almost 4 billion loan. With more adequate funding, POY yarn prices in the international market bottom, quite a number of local enterprises, a large-scale buying of raw materials, lower costs and expand profit margins. Last year, where 40 shells into the statistics of enterprises increase production, sales and profits year on year increase of 34%, respectively, 36% and 143%.
Cluster financing secured loan banking contributions are obvious. According to statistics, Taicang Rural Commercial huangjing branch last year, a substantial increase in loans, the branch line 26 branches accounted for incremental loans to 12.83%. Taicang City Branch of the People's Bank vice governor Xu Li said, clustering is not just financial guarantee mechanism to change the way of corporate finance, but also changes in the concept of bank-enterprise cooperation; not just a win-win business with the bank, but also cracked the problem of financing small and medium enterprises an effective starting point.
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