Bead warehouse receipts pledged to carry out the business

Recently, the city's pledge of warehouse receipt financing pearl industry started, city, Tang Shui Jewelry Co., Ltd. and foot of the mountain lake hair jewelry line separately from Zhuji, Shaoxing City Commercial Bank branch received 500 million and 4 million yuan loan check.

This year, a lot of Tahitian pearls pearl beads agricultural enterprises, and large stocks, liquidity shortage. Pearl warehouse receipts as security for loans refer to loan companies will deposit its own pearl in the bank designated storage company, and to warehouse side of the warehouse receipts issued by a bank to pledge the bank based on the value of a certain percentage of pearl companies to borrow short-term financing .

It is reported that Zhuji, Shaoxing City Commercial Bank branch of the first launch of pearls the size of warehouse receipts as security for loans tentatively to 1 billion, the first batch of loans mainly targeted for the annual sales of 500 million yuan of the township-scale enterprises and high-quality pearls pearl professional management households. Zhejiang Jiali Pearl Jewelry Co., Ltd., Zhejiang Xing Bao Pearl Jewelry Co., Ltd. and Mountain Lake, Zhuji City Collective Assets Management Co., Ltd., jointly invested 10 million yuan three companies established in Zhuji Jinqiao Warehousing Co., Ltd., responsible for the pledge pearl of the collection, identification, storage, etc., and timely provision of security for loans to banks a basis for effective control of the risk of pearls as security for loans.

According to reports, pearl warehouse receipts pledged to carry out the business can be achieved owner enterprises, banks, and warehousing logistics enterprise tripartite "win-win" objective. The use of warehouse receipts pledged to the bank loans, make an inventory of business temporarily idle funds of raw materials and finished products occupation to fight for more working capital turnover; to warehousing enterprises as guarantor, to the goods listed warehouse receipts as collateral, can effectively guard against financial risks to overcome the past, credit is only concerned about the management of funds and neglect to physical defects, expanding the size of loans, cultivate new economic growth point. For the warehousing enterprises, enterprises can take advantage of the owner can apply the advantages of warehouse receipts as security for loans to attract more cargo business presence to ensure a stable storage of goods, improve economic efficiency of enterprises.