ng Regulatory Bureau report shows that continuous surface tension due to funding, many SMEs can turn to private loans, north face sale

loan facility. But the company to improve product quality, much-needed  seek financing.Wenzhou, Zhejiang enterprises in the current composition of working capital, own funds, bank loans, the proportion of private financing has the north face outlet $ 100 million investment in technical improvements, the bank's long-term loans can not be implemented.

2006, 60:24:16, 54:18:28 into the present.

Reported that in the surveyed enterprises, more than half have had private financing behavior, 15% of the enterprises through private financing to solve the problem of fund shortage.

The prevalence of private lending, private lending is also making a sharp rise in interest rates, "part of enterprise short-term private 'bridge loans' interest rates as high as 4 to 6 month sub," SME Bureau, Zhejiang Province, Director Lu Shaoji Financial Statistics, told reporters north face jackets hat once the business is difficult to debt, capital chain will break.

Zhejiang Jingu Company Limited is the largest manufacturer of steel tire, a more stable working capital

north face outlet The company has said, "There is no shortage of liquidity, but market competition, not to engage in technical innovation is to die. Engage in technical innovation, there is no long-term bank loans, misappropriation of funds for short-term technical innovation, is equivalent to court death."

SME Bureau, Zhejiang Province, Lu Shaoji Director of Finance and Statistics, told reporters that "long-term loans to financial institutions in Zhejiang, the technological transformation of the proportion of loans, from 16.09% in 2000, fell to 0.97% in 2007. Financial institutions structural imbalance, loss of follow-up to growth of SMEs in the development of capabilities, not bigger and stronger. "