The textile industry financing difficult, financing expensive makes the enterprise unbearable burden

- Apr 11, 2017 -

There are a large number of SMEs in the textile industry, not only facing financing difficulties, but also facing the problem of financing expensive. Most textile SMEs financing channels are poor, difficult to obtain credit support, and credit support enterprises have to face the bank floating rate, adopt the acceptance of the draft, difficult to fully obtain loans, the loan cycle is too short, the enterprise ultimately assumed the interest rate generally higher than the benchmark rate of 10%-30%. At present, the national policy to support SMEs in succession, but the textile enterprises can enjoy the policy support of the few.

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