From negotiation to lending, it takes less than two weeks, "said the head of a precision mold processing factory in Ninghai. This mold enterprise urgently needs to expand production, but most of the funds have been used for equipment procurement. They collaborated with Ningbo Bank to purchase multiple sets of equipment through equipment financing leasing and monthly payment of "rent". The company has achieved an annual production capacity of 200 sets of precision injection molds, greatly enhancing market competitiveness.
The difficulty in financing has always troubled small and medium-sized mold enterprises in Ninghai, "said the person in charge of the Ninghai County Economic and Information Bureau. Two months ago, Ninghai relied on the county enterprise service center to cooperate with Yongying Financial Leasing Co., Ltd., a subsidiary of Ningbo Bank, to provide" equipment financing leasing "financial services to small and medium-sized enterprises in the mold industry, alleviating the financing difficulties of introducing high-end intelligent manufacturing equipment and technological transformation investment for mold enterprises.
A mold enterprise engaged in electronic product injection molding in the county successfully purchased 5 high-end large-scale injection molding machine equipment through financing leasing, laying the foundation for the transformation and development of the enterprise. We plan to invest 200 million yuan in equipment financing leasing for small and medium-sized enterprises within two years, "said a staff member of Yongying Financial Leasing Company. The leasing business model includes direct leasing and after-sales leaseback, with a credit amount of no more than 3 million yuan and a business term of no more than 3 years. In addition, the applicant shall meet the conditions of being engaged in the mold industry, normal production and operation, good credit standing of the enterprise and actual operator, and purchase of escrow insurance. After the information is complete, Yongying Leasing will release the loan within 15 working days.
Ninghai is a "Chinese mold industry base" with over 1500 mold manufacturing and processing enterprises, including over 90% of small and medium-sized enterprises, most of which have financing needs.
It is reported that over a month after the launch of this business, more than 100 small and micro mold enterprises have applied for registration, benefiting 10 enterprises.