Recently, Mr. Huang, an owner of a stone company in Shuitou, won a project but got a trouble of floating capital shortage under the situation that he can't get a loan. However, his problem was solved soon because of a startup company, Quanyuan Financing Guaranty Co., Ltd. "The procedure is simple, and the security payment is not expensive. I got the loan soon. Now I can feel at ease to do this project, and our oversea company also can be started soon after having the 10 million yuan." Mr. Huang said.

Mr. Huang's company is a small and medium-sized company which is stably developing for many years in stone industry. But recent years, because of foreign market depression and labor cost rising, they fell to get profit and their long-term customers also hesitated to pay, which made them lack of enough capital to expand the company. In the beginning of this year, Mr. Huang changed focus to domestic market. Recently, he won a project with a great effort, but he cannot start the project without enough capital once.

In fact, many stone companies also met this problem. Because of global market depression, many small and medium-sized companies have the pressure of capital. The key problem is capital for them to overcome the difficulties.

"When enterprises meet problems, we associations have responsibilities to help them." Wang Qingan said, who is the president of Fujian Business Association of Stone Materials and Products Export Base and the president of Nanan Stone Material Industry Association.

In order to help enterprises to solve the financing problems, Fujian Business Association of Stone Materials and Nanan Stone Material Industry Association called 14 influential VIP enterprises together to establish Quanzhou Quanyuan Financing Guaranty Co., Ltd with a great effort. And it was approved by Fujian Provincial Economic and Trade Commission on April 11st, 2011. Until now, Quanyuan Financing Guaranty Company has offered security for 23 stone companies, receiving 120.7 million yuan, which greatly relieved financing problems for small and medium-sized stone companies.

"Establishing this financing and guaranty company aimed at uniting stone companies to overcome difficulties." a related company owner said. Persons concerned said that as long as the company runs well, it can successfully get a loan within a short time without collateral, and because Quanyuan is a industrial guaranty company, stone companies can get 20% discount at present.