1) The growth of business will reduce the value of enterprises;
2) The business can generate enough cash flow to maintain its own development needs.
At this stage, enterprises often fall into a dilemma and don't know how to choose. Enterprises can change products and enterprise forms, accurately choose new industrial fields, and thus regain their lives.
Therefore, declining enterprises can adopt the following ways: asset-backed financing (including accounts receivable discount financing and inventory financing), realizing existing assets, venture capital and striving for bank loans.
Reasons for obtaining bank loan with pledge right: Sichuan Xintai Machine Tool is an enterprise engaged in professional gear machine tools, leather machinery and other machine tools, and has developed a new domestic exclusive product-CNC planer. At present, the company is in a period of enterprise recession, with slow response and unreasonable asset structure. At this stage, enterprises can change their capital structure, turn some fixed assets or intangible assets into current assets, and improve the liquidity of assets.
Therefore, the company adopted the method of obtaining bank loans by pledge.
The process of obtaining bank loans by pledge: The company owns 1 1 patented technologies, of which six constitute the main source of the company's sales revenue and are also the subject matter of this pledged loan. Sichuan Jincheng Real Estate Appraiser Office investigates and analyzes the historical sales volume of enterprises and predicts the profitability and sales status of related patents within the validity period. As we all know, this product has a high market share, and as the factory is implementing the factory expansion plan, it is expected that the sales of this product will increase from 2007. In August, 2006, Neijiang Central District Rural Credit Union passed the loan application of Xintai Machine Tool and granted it a loan of 56,543,800 yuan.
The function of obtaining bank loans with pledge right;
By mortgaging enterprise assets, we can accelerate the liquidity of enterprise assets and solve the problem of financing difficulties for enterprises.