The mahogany classical furniture industry has obtained professional credit "money" Jing Guangming

In recent years, the mahogany furniture industry has gradually matured and regulated due to the ups and downs, and the attention received has become more and more widespread. Recently, the reporter learned that the mahogany furniture and the classical furniture industry have received special support from certain banks and other financial institutions. .

Bank credit support to solve the "thirst" for mahogany furniture companies

Recently, the New Express reporter learned from the government of Dayong Town, Zhongshan City that in order to actively promote the transformation and upgrading of the Dayong Hongmu furniture industry, the Bank of China’s Dayong Sub-branch will launch a credit product called “BOC Redwood Loan” to support this year.

It is reported that the maximum loan amount of the product is 10 million yuan, which is specially designed for loans to enterprises operating in Dayong. It is the first credit product launched by the financial industry in Zhongshan City to support the transformation and upgrading of characteristic industries in the township. Enterprises only need to meet the relevant conditions, they can lend without collateral, and the approval procedures can be completed in the Bank of China Dayong Sub-branch, which is fast and simple.

In addition, Dongyang City has also performed in this respect. Dongyang City Agricultural Development Sub-branch has implemented an innovative loan guarantee method, which uses the company's logs as collateral to issue the first 20 million yuan forestry short-term to Dongyang Daqing Hanlin Classical Craft Furniture Co., Ltd. Loans to support companies to purchase high-grade logs such as red rosewood and red sandalwood. The loan is the first loan in Jinhua area to be the responsibility of the warehousing supervision company. It is also the first time that the financial institution of Dongyang City has innovated and issued the loan secured by the mahogany log movable property.

In recent years, woodcarving mahogany furniture as a business card of Dongyang, under the support of a series of preferential policies of Dongyang Municipal Government, the industry has developed rapidly. The city's mahogany furniture enterprises have grown from more than 400 two years ago to more than 1,000 now. . In the investigation of the in-depth study of the mahogany enterprises, the Dongyang City Branch of the Agricultural Development Bank found that there are many small and medium-sized enterprises in Dongyang Redwood Enterprises with strong strength, large scale and brand ring, because the business owners are not aware of the provincial and municipal leading enterprises. Generally, the qualifications of leading enterprises have not been obtained, and it is difficult to obtain large loans from banks. At the same time, the inventory of these enterprises accounts for 30%-40% of the total assets, while the real estate collateral such as land and factory buildings is insufficient, and it is impossible to borrow more funds from the bank. These enterprises have large funding gaps due to factors such as expansion of factory buildings and storage of raw materials.

Wu Tengfei, general manager of Dongqing Hanlin Classical Craft Furniture Co., Ltd., said gratefully: "In the current situation of other bank loans being tight, the Agricultural Development Bank helps companies to revitalize their assets. The low-cost loan is like a 'Timely rain', thirst for corporate financing."

"Loan" for classical furniture

As early as 2011, the China Furniture Association awarded the title of “China Classical Furniture Culture Industry Base” at the Furniture Industry Cluster Work Conference. Yangxin Rural Credit Cooperatives, as the main force supporting the development of the classical furniture industry, has a high sense of responsibility. And self-confidence, to the classical furniture enterprises to promise more efficient and efficient financial support policies, to fully promote the classical furniture industry to meet the "money" landscape.

From the first tens of thousands of dollars to support a new processing equipment for a processing household, to hundreds of thousands of dollars to support a small micro-enterprise to build a new workshop, and then to millions or even tens of millions of leading enterprises to develop a new project, in recent years The accumulated funds have reached 200 million yuan, supporting the rapid development of the classical furniture industry into one of the pillar industries of Fuminqiang County.

In the critical period of the rapid development of Yangxin Classical Furniture Industry, Yangxin Lianhe further optimized financial services, combined with the regional distribution of classical furniture enterprises, rationally adjusted credit authorization, accelerated the deployment of ATM machines and POS machines, and fully utilized credit cooperatives. The advantages of wide-ranging, fast service and close to the enterprise have met the diversified capital needs of classical furniture enterprises. Open up a green channel, implement measures such as “priority credit, bulk credit, and limit the time limit for loan settlement” for classical furniture enterprises, improve the efficiency of loan operation, and adopt a lending strategy of “one-time credit, use-as-you-go, balance control, and turnover use”. It satisfies the loan demand of “short, frequent and fast” enterprises. According to statistics, since the beginning of this year, Yangxin Lianshe has invested more than 50 million yuan in the classical furniture industry, and the quota and proportion accounted for the first place among all financial institutions in the county.

With the support of credit funds, Yangxin County has now produced 12 antique furniture companies. The product categories are divided into 5 categories and more than 40 kinds, and the output accounts for more than 30% of the country, except for sales to Beijing, Shanghai, Guangzhou, Outside Hong Kong, Taiwan and other cities and regions, it also exports to more than 30 countries including Singapore, the United States, Germany and Australia. In Shuilupo Town, Yangxin County, the Yangxin Folk Culture Industrial Park, which integrates the collection, processing, production, exhibition, transportation and sales of classical and antique furniture, is stepping up construction. At present, 21 projects have signed agreements to settle in Yangxin Folk Culture Industrial Park, and 6 projects have started. Within two years, the total investment of the project in the park will reach several hundred million yuan, driving nearly 10,000 farmers around the country to increase their income.

Source: China Furniture Network