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"Triangle Debt" Or Collapse Of Shoes And Clothing And Other Enterprises To Save Straw

2011/7/26 10:41:00 45

Since the three quarter of July 26th, the triangle debt problem still bothers most shoe and clothing enterprises. The reporter interviewed many executives of shoe and clothing enterprises in the two quarter of this year. They told reporters, "they are very tight at hand.

enterprise

After a quarter of the past, when reporters visited these entrepreneurs again, they found that their worries did not diminish with the passage of time. "Now they are willing to split up in two parts." the relevant people believe that this year is the most serious shortage of funds since 2007.

capital

In the face of still tight environment, "triangle debt" may become the last straw of enterprises such as shoes and clothing.

A few days ago, industry experts told reporters that in the so-called "triangle debt" behavior, most of them were due to the non timely payment of commercial non credit behaviors such as consignment, sale, credit sale and so on in the purchase and sale contracts, and overdue contracts, unmarketable backlog products, and some even simply pursued the development speed and other reasons.

In the survey, the reporter found that the "triangle debts" faced by Shishi shoes and clothing industry chain started from the lower reaches, and has spread to the highest level. The severity should not be ignored. "The lower reaches of the middle reaches and the middle reaches of the river are in the upper reaches, but the upstream businesses have no place to credit." Yao Daoxi, a remote dyeing belt dyeing company, told reporters that the textile raw materials of many enterprises in Zhejiang were imported from Jiangsu and the local suppliers.

industry

According to the analysis, because of the fact that small and medium-sized shoe and clothing enterprises are less vulnerable to external credit, it is natural that small and medium-sized shoe and clothing enterprises lack the assets strength of large enterprises, and they naturally become "outside customers" of banks and other institutions. "It is more troublesome to go to bank loans. The other side is worried about the repayment ability of SMEs, and SMEs only need to queue up for loans". When it comes to "triangle debts", Mr. Li, a representative of small and medium shoes and garment enterprises, says, "it is really very difficult". He told reporters that the formation of his sewing machine industry was mainly due to the acceleration of the expansion of enterprises, the serious overspending of project investment and the loss of business this year. A default has been formed.

As a matter of fact, these enterprises were not all large debt holders at the beginning of their establishment, mainly because of the "face problem" among friends. Because of unfair competition between enterprises, some SMEs were eager to open up the market situation and offered to sell on credit, thereby causing the ruin. These enterprises simply could not compete with the mature enterprises in terms of financial strength, and such low cost, low profit credit sales spread like weeds in the market, among which the most innocent victims were dealers who had established a certain reputation.

"The next stage may be a credit risk expansion period," a boss of a shoe and clothing company told reporters. The debt chain of "triangle debts" affects the overall market sentiment, and the indirect economic losses will be far greater than the direct economic losses, including the impact of dishonesty on foreign investment confidence and cooperation intentions, which affect consumer confidence and desire and increase paction costs.