High cost of acceptance bills
For the bosses of small and medium-sized enterprises, even if the acceptance bill is not cash, if the circulation is good or the discounted cost is not high, the reality is that the cost of the acceptance bill is too high.
A "both deeply hurt" business owner even has such an account: last year the company's sales of 30 million, of which the acceptance of the draft accounted for 60%, usually use cash, so 60% of the money orders are discounted in advance In the whole year, there were more than 400,000 discounts, and the net profit last year was only about 1 million. Interest accounts for half of the profits, which is not the cost of another 40% of the money order.
The acceptance bills mainly have the following costs:
Time cost: Acceptance drafts are generally for one year and a half;
Financial costs: bills of exchange lead to longer corporate capital turnover cycles;
If the acceptance bill is discounted in advance, it must pay a few points of interest;
Guarantee fee: The bank with hundreds of thousands of small drafts is not accepted, and the company guarantee is required;
Car and horse fees: Many bills of exchange have expired and cannot be accepted immediately. The time cost of this delay is not to be said. After the expiration, the company has spent a lot of money on the cost of transportation and communication.
That can be the case, the business has to do, as a small business owner said: "If a downstream company buys goods with you, but he does not have cash, only accepting money orders, do you not do this business? Again, There are still a lot of business that is going back. Both sides have friendship in the business field. If this order is not done, then this line will be broken." Hey, it is helpless, tangled, and bitter.
Acceptance of bills of exchange
In fact, the acceptance bills of the four major banks of China, agriculture, industry and construction and the state-owned enterprises of the central enterprises are better. After all, people are rich in capital and everyone recognizes them. However, the acceptance bills of some small banks and small enterprises often have to be delayed after they expire, so they are transferred to the next home, and others do not, which leads to the phenomenon of acceptance bills, because everyone does not want this thing to be in their hands.
The following are real examples:
A fabric trading company had hardly received cash in the whole year, and the net acceptance was almost enough to pay wages. So the boss thought that if he couldn’t pay the wages at that time, he could only use the acceptance to discount.
A textile company received a 500,000 yuan acceptance bill. Party A pays 300,000 yuan, but said to Party B's 500,000 commercial acceptance bill, and let Party B find him 200,000 in cash.
A small company sold a batch of white blanks to another company. The original money was not much, but the buyer had to pay the draft. The seller certainly did not do it, but the buyer said that there was no money, only the money order, and some supermarket shopping cards, asked. Do you want.
There is another company that has done a single business. The other party has been in arrears of payment for some reason. The two companies have been sawing for half a year before and after, and they almost went to court. Finally, the company finally received the other party’s business draft. What is there? Complaining, there is a bit of hijacking, and I almost can’t get it back. You said that this is what to say.
This is the effect of “bad money driving out good moneyâ€. A bill of exchange is also a kind of currency from a certain point of view, but it is a more “inferior†currency than “renminbiâ€, especially a commercial exchange bill, which is “bad†to get home. Therefore, in actual use, the acceptance bill will “expel†the cash.
When a downstream company purchases products or services at the time of purchase or when Party A purchases products and services, if they have cash and money orders at the same time, they will definitely choose to pay the bills with you. Maybe you will say that you have to accept less bank acceptance bills, and you don’t accept commercial acceptance bills at all.
Having said that, there is no way. Isn't the business coming? Do you have to see the money and then ship it? Many times, the transaction is almost completed. The other party said that only the merchants can exchange the money, is it a tear? Can only think about it: stay one more time next time.
Cancellation of acceptance bills is the biggest support for SMEs
How to solve the financing difficulties of SMEs, it is a fact that SME financing is difficult, because there is no collateral, and secondly, it is difficult to guarantee loans.
In fact, the most direct problem facing SMEs at the moment is that most of the money paid by Dachang is now accepted. The micro-enterprise purchases materials, wages, taxes, interest payments, etc., all of which are cash, so there is a discount, and now there are 3 discounts. More points, this will undoubtedly have less profit, how come this day.
To support small and medium-sized enterprises, the cancellation of acceptance bills is the greatest support!
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