Respect the rules of the game of small and medium-sized enterprises

In SME financing, which industries are the most concerned by banks? In the eyes of industrial and Commercial Bank of Sichuan Province, there are three major industries with the most potential, with good market prospects of the manufacturing industry, trading volume of large business circulation industry and close to the end consumer market of small enterprises, they have a common characteristics: market-oriented, cash flow adequacy, business simple and clear.　　In which, professional market, large-scale commodity distribution center of high-quality Small business owners can get their favor. ICBC Sichuan Branch believes that the understanding of the rules of Small business management, respect for the industry's game rules, innovation of security methods, is to do a good job in SME financing of the three "disciplinary rules." Why is small business financing difficult?　　Mainly is difficult in information asymmetry, guarantee difficult to implement, in this respect, need to use credit, mortgage, guarantee, merchant UNPROFOR, commodity pledge and so on various guarantee way of small enterprise loan.　　In real life, there are many small and medium-sized enterprises often face the dilemma is: good business, but lack of collateral, according to the traditional way difficult to obtain loans, in response to this situation, ICBC proposed a new model of SME lending. "In simple terms, is the network + cycle", ICBC Sichuan branch of the relevant officials said that the traditional small business loans are usually one-time withdrawals, the use of a period of one year. Because the enterprise itself to the use of funds can not be freely controlled, loan funds can not be fully effective use, and make the financial cost disguised increase.　　Based on this, "net loan" design a new model: installment loan, installment repayment. This completely changed the previous Small business loan model, the customer only need to handle real estate mortgage, and ICBC one-time signed a revolving loan contract, in the validity period stipulated in the contract, the customer can through ICBC Net Bank self-service to withdraw and repayment business operation. In other words, after the contract is signed, Small business customers can decide when to use the loan funds according to their own business needs, when to withdraw money, when to repay, the loan funds fully independent.　　On the other hand, banks can also judge the operation of enterprises from the flow of funds to avoid risks. It is worth mentioning that this way of borrowing completely through online banking operations, in the promotion of efficiency, but also save costs.　　and ICBC Sichuan branch of the head revealed that repayment time is also very flexible, the contract period of up to two years, the shortest time seven days, the longest 365 days. Chen Chunhu Reporter of Huaxi Metropolis Daily