Capital Pressure Increased &Nbsp; Pawn Channels To Raise Emergency Funds By Hot Shoe Companies.

December 6th, recently,

Emergency funds

Mr. Ding was the first time to obtain emergency funds through pawnshop, he told reporters: "this time, it is mainly encountered emergency trouble.

At the end of this year, the funds were relatively tight. I did not expect to be asked to repay the money temporarily.

After a friend reminded, we found temporary pawning turnover.

As one of the many small and medium-sized enterprises in Jinjiang, Mr. Ding's emergency events can be taken for granted.

As the end of the year, the Reserve interest rate rise and other reasons, it is very difficult for SME owners to get financing from banks. Even if they can get financing quota through Guarantee Corporation and small loan institutions, they often have to wait for some time.

Ke Qinghai, general manager of Jinjiang Jinshan pawnshop limited company, told reporters: "banks usually start to have new loan quota in January, basically not in December, and when the end of the year is checkout, the enterprise capital chain is the most intense.

Most of the recent pawnshops are in order to turn around the capital and wait for the loan support from financial institutions such as banks in the coming year.

It is understood that there are 6 registered pawnshop companies in Jinjiang, with a minimum registered capital of 5 million yuan and a maximum of 30 million yuan. The pawn items are mainly gold, automobile, real estate and stock ownership, and the pawn time is 5-180 days.

According to the "pawnshop management method", the comprehensive rate of pawn mortgage month shall not exceed 4.5% of the gold value. The comprehensive rate of mortgage month of real estate mortgage shall not exceed 3% of that of the gold, and the comprehensive fee shall be withheld at the time of the code. When the interest rate of gold is generally raised by 30% of the bank loan interest rate at the same time, it will be implemented at the same time.

Specific fees and interest standards vary according to different pawn shops and different business types.

Adapting to the financing needs of "fast, dense and secure"

In areas where private capital is strong in Jinjiang, pawn is not the first choice for small and medium enterprises, but pawns also have their own advantages in solving the problem of small and medium-sized enterprises' emergency funds.

"The biggest advantage of pawn is that the speed is faster. If it is a fast pledge of cars and gold, it can be completed in less than 10 minutes, so that the pawnbroker can get gold on that day.

For some housing mortgage customers, there are no more than 20 working days, compared with other financial institutions complex audit procedures, a lot simpler.

Xiao Xu, a staff member of Jinjiang branch of Fujian pawn pawnshop limited, told reporters that Jinjiang was also a region with a large amount of folk gold reserves. They had once received hundreds of thousands of dollars in gold products.

In addition, a more confidentiality financing approach is also acceptable to owners who come to solve short-term financing problems.

At present, the interest rates of underground banks are generally 2 points, 5 to 3 cents, and there is a certain gap between the interest rates of 2 pawns and general pawnshops.

If the two sides do not know each other, they may still need more collateral than the loan amount.

Such a financing mode is not safe because the borrowers worry about collateral, such as cars, etc., which are used or replaced by parts, or even take away collateral.

If it is in pawn companies, there will not be such a problem, at least with legal protection. "

Some industry insiders said.

{page_break}

Choose the classics and take the "Three Goods".

A person who has worked in the pawnbroker industry for many years suggests that small and medium-sized owners can make three goods in the choice of pawn.

"For some people who are not familiar with pawn industry, there are many contrasts when choosing pawns for financing, because each pawn shop has different interest rates for different products, but also has its own pertinence. Some pawnshops will also offer special financing products such as real estate, gold, steam cars and so on."

The source said.

In addition, choosing a regular pawn company is the premise to ensure the smooth operation of pawn business.

It is worth noting that the estimated level of pawn shops is directly proportional to the handling fee. It is better to control the amount of money on the basis of dealing with the turnover needs at that time.

Since pawns have higher interest rates, they should not exceed 3 months in pawn financing.

"Before pawn is pawn, it is better to confirm the redemption time with the pawn shop, shorten the schedule as soon as possible, and redeem it in time, if it fails to redeem it, it will become an absolute product."

The industry suggested.