Y Company is the largest 3D printing application development and service platform in China, providing customers with a full range of one-stop services from R&D to manufacturing based on 3D printing technology. Y company can launch solutions in new technologies such as selective laser sintering 3D printing equipment, high-performance powder materials and prototype development, design verification, small batch production, etc., related products in automotive, mold, aviation, aerospace, military, The printing industry, including medical, personalized and creative products, has more than 10 years of experience(Dawson A,2011).；更多范文
With the continuous development and growth of Y enterprises, in order to expand production and operation, many new projects have been invested and built. While pursuing the loan amount to meet the project, it is burdened with heavy debts and interest, resulting in an unreasonable capital structure, which will make the future development of Y enterprise be affected to some extent. If the growth of the scale and efficiency of the enterprise is all dependent on bank loans, it will cause the company to face greater debt repayment pressure and have an impact on the sustainable development of Y enterprises. Most of the bank loans formed by Y companies in the early stage were mortgages and pledge loans. Because Y enterprises are carrying out production and management activities, although energy conservation and consumption reduction have reduced costs, there is no scientific management of the financing risk system, and there are certain defects. In order to improve financing efficiency and avoid financing risks, it is necessary to improve and effectively control the company's production and operation activities, financing scientific management, and establish a financing risk system. The main financing method of Y enterprises is bank loans. Due to the state's preferential policies for SMEs lacking interest rates, this has led to the need for SMEs to pay more interest charges. The process of bank mortgage and guarantee is relatively inefficient, which makes Y enterprise financing take a long time to wait for approval, the time cost is high, and it also needs to pay additional mortgage, guarantee and other handling fees, which makes Y company's current financing cost high (Lerner J& Sorensen M, 2011).