subject: Analysis: Sme "financing Difficulties" Difficulties - China Tdmoip - Tdm Over Ethernet [print this page] "This year, the volume of bank credit and put all efforts to achieve the biggest this year, including share of SME loans accounted for 40%." I learned from the People's Bank of Wuhu expensed, the city's municipal SME credit growth in recent years has remained stable situation. Currently, support for SME development has almost become the consensus of various financial institutions, banks, pawn shops, small loan companies, security companies seize the opportunity to implement loose monetary policy, innovative products, improved services, but funding is still an imbalance of supply and demand more prominent, making SMEs often feel "seeking information if the consequences."
Lending to SMEs, "Fortress Besieged"
"60% of our products are sold to Europe and the United States, a very good market prospect, but do not have enough money, enterprises are unable to further expand the production scale, wide-order." Xinghua Lighting Appliance Co., Ltd. Wuhu official said, corporate sales revenue 12 million yuan last year , if reinvested within two years, five million yuan, sales income is expected to reach 50 million yuan. However, blocking the financing difficulties of enterprise development pace. This year in May, the municipal government held successive agricultural enterprises, commercial enterprises, industrial enterprises and financial institutions a forum for brainstorming ease the development of SMEs problems. At the meeting, reflecting the difficulties in financing business is still concentrated.
Difficulties in financing? As the capital markets are underdeveloped, most enterprises can not stock, bond markets and venture capital fund to attract social funds, bank loans remain the most important financing channels for SMEs. At present, insufficient competition in the banking sector, external environmental constraints, social credit system, the multiple causes of imperfect, impeded the smooth financing channels for SMEs.
"SME loan amount is small, Lots more high cost loans, and widespread small-scale, less fixed assets, management is not standardized, low credit rating situation, resulting in credit risk and return is not directly proportional to the bank for The first goal of preventing risks, credit for small enterprises must 'do something but'. "a finance senior practitioners explained. Corresponding to the SMEs is reflecting the most common materials and lack of collateral to get loans.
In addition, I appreciate that the present performance appraisal mechanism of state-owned banks, the event of a bad loan, the credit will be permanent personnel accountability system, which undoubtedly will increase their lending to SMEs prudence.
Wuhu City, the production of a medium-sized home appliance machine, export-oriented products. As the financial crisis, export orders can not be fulfilled, resulting in tight financial chain. The company official told the author, their products are of good quality, market outlook is still good, but funds had been appropriated, the backlog of orders. However, corporate financial statements to see export sales decline last year, banks do not lend, so that he became very anxious. The other small businesses, because lack of consideration to find real security company. Can be deducted in advance and guarantee fee rates in, find financing costs are too high, companies think of a way the final decision.
Although the government's inclination to innovative banking products to enhance its efficiency, security companies, small loan companies, the rise of various financing channels, but for SMEs, the higher cost of short-term financing, secured the pledge form a single, additional conditions and more loans is complicated phenomena still exist to varying degrees.
