Bank directed delivery ** Hardware small and micro business ** promising

Demand for credit from large enterprises has slowed down, and some banks have diverted their views to expand the market of small and micro enterprises that currently have low profit margins and not large enough scales.

On March 14, 2012, Shanghai Pudong Development Bank launched a ** product for small companies in the hardware industry in Shanghai. In order to ensure credit, the Bank also listed individual small and micro enterprises with special credit lines to support the hardware market.

The relevant person in charge of the S & P Bank's SME business said that starting from the hardware market, the bank will expand 100 markets this year for SMEs.

It is worth mentioning that the weakening of credit demand of large and medium-sized enterprises is a common problem faced by banks this year. In the light of the slowdown in the demand for stock customers, banks appear to be more motivated to expand their small-scale, less profitable small-business market.

According to reports, Shanghai Pudong Development Bank specializes in hardware loan products for small enterprises in the hardware industry. Hardware business owners who are engaged in the wholesale and retail of hardware enterprises, have operated for more than three years and have long-term stable leasing businesses or own stores can apply. Can be used to guarantee the company's personal guarantees, pledges of receivables, commercial bills pledge, merchants warranty, real estate mortgage and other ways to guarantee the funds, the maximum amount of credit can reach 20 million yuan.

It is worth mentioning that, for owners of real estate hardware business, the mortgage rate of up to 90% of the real estate, and in general, the bank is only willing to provide real estate valuation of up to 50% of the amount of **.

Insiders pointed out that the sales cycle of the hardware industry is short. In recent years due to fierce competition, the gross margin of the hardware industry has been declining year by year. Therefore, the SMEs in the hardware industry are in urgent need of **, but due to the lack of collateral, financial management For reasons such as non-standardization, it has always faced ** difficult problems and difficult guarantees.

A person in charge of the hardware market said that from the operating environment this year, the profit rate of the trading companies engaged in the hardware industry is very low, if the profit rate of the business-type hardware companies with shops is about 20%, if the industry chain is extended to do As a company that produces, processes and trades, its profit rate can reach 50%.