At the moment, the competition in the wardrobe market is becoming more and more fierce, and many wardrobe enterprises have been eliminated in this brutal market competition. According to relevant market analysis, it is found that in the enterprises that have been eliminated, the funding problem is a major cause. Indeed, funds have always been the foundation to help enterprises tide over the difficulties. If the wardrobe enterprises want to obtain the maximum amount of funds in the event of difficulties, they need to improve the credibility of their own enterprises.
The wardrobe industry market ushered in "the market's lightest sales season"
Since the summer of this year, under the influence of many factors such as frustration in foreign export markets, domestic real estate regulation and control, and high-pressure environmental protection, the sales of a large number of enterprises in the wardrobe industry have been affected to varying degrees. Many companies have limited production, price cuts, and sales channels. The way to deal with the "lowest history of sales" in the off-season, and even within a period of time, there have been many corporate failures.
The capital chain determines the survival and development of the wardrobe enterprise
Regardless of any industry, it is normal for companies to have various problems in the development process. However, in the case of wardrobe enterprises that have been eliminated from the industry, these companies have a common feature, that is, in the course of business operations. The capital chain has broken, and when this crisis first appeared, it could not be supported by financial credit. In the end, the company could only help but enter the vicious circle and eventually be eliminated.
Through market research, it is found that because banks or financial institutions need to take certain risks to corporate lending, they tend to prefer to lend to those wardrobe companies with strong comprehensive strength and brand influence, and most of the enterprises that really need financial support. It is difficult to give a helping hand at the time, so banks or financial institutions can often only add to the glory of the development of the enterprise, but they cannot play the role of charity.
Small and medium-sized wardrobe business loan difficulties
The person in charge of a wardrobe company said that although major banks have successively launched SME loan projects, the difficulty of loans is not small. First, it is difficult to apply for SME loans before applying for a loan. Because SMEs lack fixed assets, the conditions are relatively weak relative to large enterprises. If credit policies shrink, banks will first reduce SME loans; in addition, factors such as rising raw materials, labor prices, and appreciation of the renminbi weaken the profitability of SMEs. The risk of lending to banks has also increased accordingly, and they are even less willing to lend to small businesses;
Second, it is difficult to approve SME loans. Due to the relatively large risk of SME loans, banks are required to provide more comprehensive information when they approve the loan demand for SME loans. In addition, the decision-making sequence of SMEs is relatively simple. Finally, after the loan application, management is difficult. Compared with large enterprise projects, SMEs have higher post-loan management costs. As SME loans are difficult to market, it is difficult to resolve once there are non-performing loans.
Wardrobe companies need to improve their credibility
If the wardrobe enterprise wants to gain the trust of financial institutions and non-financial institutions such as loan companies, then they must improve their credibility. The financial foundation of the enterprise must be consolidated, that is, it cannot be blindly invested, and a certain cash flow must be guaranteed, such as semi-annual production and sales. Be flat or slightly profitable and maintain a benign blood circulation.
Editor in charge: Shanghai Furniture Net
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