地銀 コロナ禍の中小企業支援で新たな融資枠組みも

Regional Bank Corona Corresponds to a New Financing Framework with SME Support

Sales are declining due to the new coronavirus, and an increasing number of small and medium-sized enterprises are concerned that their financial base will deteriorate. Of these, the Bank of Yokohama prepared a loan called “subordinated loan”. The interest rate is set at about 1% per year, which is higher than usual, but it is not necessary to repay the principal for up to 15 years, which is characteristic of companies that can improve their financial base. An auto parts manufacturer in Yokohama, whose sales have dropped due to the new coronavirus, also raised 200 million yen in a subordinated loan.

“The financial base is stable”. According to the Bank of Yokohama, about 10 companies have already applied for this loan, says Akihiko Bandai, an executive officer. The company that borrowed the “subordinated loan”

Due to the cold demand due to the spread of the new coronavirus infection, orders decreased drastically, and the final profit and loss was in the red in the financial results for the June term. Therefore, the company borrowed 200 million yen from the Bank of Yokohama in a subordinated loan at the end of the fiscal year. President Tomiya said, “In April and May, sales have decreased to half of the previous year”. We expect that sales will decrease by about 30% compared to the plan after next month.

Source: https://www3.nhk.or.jp/news/html/20200810/k10012560631000.html?utm_int=news-business_contents_list-items_001, https://www.nicovideo.jp/watch/sm37330443