The Research Financing Grain Enterprises In Henan

China’s grain production continues to record, protect the national food security, in order to stabilizethe grain market and laid the material foundation。At the same time, constantly improve the level ofurbanization, increasing the need for higher quality and food diversification, unlimited opportunity andgreat pressure for food companies. Our food supply and demand pattern has also undergone a significantchange from the "overall balance, surplus in good years" to "overall balance, structural tight." Food Policytilted towards co-ordination and safety efficient, contribute significantly to increase food production, thebasic realization of China’s grain self-sufficiency. However, China’s food industry market concentration islow, less well-known brands, should not firmly grasp the market in response to strong alien brand invasion,is unfavorable factors affecting social stability and food security. Food is a high transportation cost ofgoods and food products with a strong regional characteristic, so the food business is greatly limited inscale and branding.Determine the characteristics of the food industry, companies want to expand production, it requires alot of external funding support. However, as a policy of strong industry, low profit margins, and foreigncapital into the food industry is not strong. Grain financing channels are mainly the AgriculturalDevelopment Bank of policy funds, loans from commercial banks, private borrowings. The AgriculturalDevelopment Bank has sufficient funds are available for use, but with loans from commercial banks, sameto various credit prove and effective collateral security as a prerequisite. Companies are basically difficultto provide food to the bank, lower likelihood of obtain a lower cost of funds from banks. Private lending,lending procedures are simple, well-funded and able to quickly arrival, but the interest is too high, increasethe operating costs of enterprises, is not conducive to the accumulation and reinvestment of corporatefunds. Grain enterprises financing difficulties due to a small scale of operation, the ability to resist externalrisks is weak, no perfect company rules and strict financial system, not enough emphasis on integrity,financing costs too much, bank loans will is not strong of SME financing all have reasons, the foodindustry as well as the impact of policy and external events. Food industry relation People’s livelihood,more stringent regulation by the state, resulting in limited food profit margins, while external factors alsolarger events, a business due to food safety problems, will affect a large number of companies producingthe same type of product. Double impact of internal and external factors, leading to food companies than other types of SME financing more difficult.Enterprise development and growth need to support the market and funds. China as a large population,the consumption of food is definitely a huge market, so do not worries about product sales, mainly the lackof funds for buy raw materials and machines to update devices. Survey of Henan grain corporate financepatterns, existing major financing models have "little micro financial cooperatives,""guarantee loans","Liang Mao Tong","personal mortgage","straight grain enterprises in Henan Province guarantee mutualfund "financing model, in addition to the "personal mortgage" and the rest loans are introducing a thirdparty, the benefits of doing is to ensure the safety of bank funds, reduce the cost of loan funds andcustomers can quickly get loans. But each model has its shortcomings,"the small and micro financecooperatives" credit amount is too small, it is difficult to meet customer needs;"guaranteed loans" isdifficult to form the body warranty,"Liang Mao Tong" is a difficult regulatory collateral question,"straightgrain enterprises in Henan Province guarantee mutual fund" was fund regulatory issues,"personalmortgage loans" is the procedures are complex and higher costs. While business inventories for more food,we proposed a "chattel mortgage" financing model.According to the characteristics of the food industry, trade, grain made a perfect trading platform forregulators to make a strong bank credit guarantee funds, while the existing financing model for analysis,given the lack of its corresponding solutions or measures to try to improve it several financing model, itdeveloped into a standardized process, able to promote the country’s food business, while the other to solvethe problem of financing SMEs provide a reference. Of course, the longer maturity financing model, alsoneed high-quality companies as the basis, grain enterprises should strengthen their management, improvethe company’s rules and regulations and the financial system, while focusing on the training of personnel,provide a good platform for the development of talent, otherwise, everything are empty.