Analysis of the importance of the capital chain for the expansion of LED Enterprises

For a time, the domestic financial market interest rates soared, the stock market crash, jittery, like the financial crisis. LED industry is very sensitive to the problem of money, a blow on the cold, the bank's money shortage also part of the LED companies scared out of a cold sweat.

In 2013 June, the epoch-making "money" appears China monetary market, Shanghai Renminbi interbank market interest rate volatility, the central bank's blind spots appeared again. June 20th is the Chinese banking history of the development of a unique day, overnight interest rate history of Shanghai bank is regarded as liquidity indicator for the first time more than 10%, at 13.4440%, rose 578.40 basis points; 1 week interest rates for the first time exceeded 10%, rose nearly 300 basis points to 11.0040%. For a time, the domestic financial market interest rates soared, the stock market crash, jittery, like the financial crisis.

LED industry is very sensitive to the problem of money, a blow on the cold, the bank's money shortage also part of the LED companies scared out of a cold sweat. Zhongshan Xiong Ji, Shenzhen billion light two slightly larger scale LED enterprises due to funding strand breaks in two days after bankruptcy.

Analysis of the importance of the capital chain for the expansion of LED Enterprises

In fact, in the economic slowdown, tight credit, the real economy is difficult macroeconomic background, there are a lot of small and micro enterprises not concerned about the fall of LED. Obviously, for the LED industry, capital chain is regarded as arch-criminal industry towards the end, which is the enterprise for cash flow caused by the lack of control, cash is king, LED for most enterprises, capital chain security for them is more important.

But in the "shortage of money" Disasters pile up on one another., in contrast, the LED half of the country Guangdong has presented to the LED enterprise bank loan expressly limited. The bank Xianpinaifu naked show, China has always been small and medium enterprises because of low efficiency, high risk and the integrity of the enterprise is low, and many banks are reluctant to give loans to small and medium-sized enterprises or give a small amount of loans. But the enterprise to develop, capital is indispensable "blood".

The enterprise had to turn to private financing, to obtain liquidity through mortgage loans, mutual guarantee, loan sharks and other means, has gradually built a very complex funding network, financial leverage has been enlarged, if one part of the problem, it will trigger a chain reaction. Make the development of enterprises at a loss. This bank must make early warning, part of the LED enterprise "," money hungry with profound respect and humility "," the folk interest rate soared, the enterprise into a "blood transfusion without bad road" dilemma.

Critical: capital chain for the expansion of the LED enterprise is sustained hematopoietic bone marrow, bone marrow is a problem, enterprise is difficult to continue. Don't expect too much of some investment institutions or banks to help them more willing to make some profit for the purpose of icing on things, and for the timely assistance of mercy even affecting their only standing on the sidelines.