Study On Private Small And Medium-sized Enterprises' Financing System

In recent years,the problem of financing on small and medium-sized enterprises (SMEs),especially the problem of financing on private small and medium-sized enterprises (private SMEs),has been a hot topic. As yet,the problem has not been resolved. Based on formers' study,this thesis analyses the private SMEs' financing cycle and current situation of private SMEs' financing,The paper based on other studies, research it from two sides: One is from financial growth cycle and current situation of difficulty in finance of SMEs, the other is from regular finance and non-regular finance. The major contents of the paper are made up of the following:There are 8 chapters in the thesis.Chapter 1.Introduction.The purposes and meanings of the research have been introduced first. Then the thesis has summarized and evaluated relevant research trends in the domestic and outer. Finally it has demonstrated research thoughts,methods and new idea.Chapter 2. Basic Theories of Finance to Private SMEs. Firstly,this part has defined private SMEs and its character. Secondly,the thesis has introduced definition and character of private SMEs' financing. Thirdly,it has reviewed and evaluated the financial growing cycle and demand of private SMEs, and it how to influence private SMEs' financing in China.Chapter 3. International compare of SMEs' financing.Above all,the part has simply introduced finance system in developed,developing country and district .it has analyzed important character of SMEs' financing support about different country (district),it includes:different SMEs has different sustain ways ；SMEs in different developing phase has different support；SMEs' financing's specialization ,socialization. Lastly,it summarized SMEs' financing's international experience and revelation in China .Chapter 4. Analysis on current Situation of Chinese private SMEs' financing. This chapter has stressed on positive analysis. The part analysis on current situation of Chinese SMEs' financing and points to some new characters during changing economic types. Then,I analysis financing action and motivation of private SMEs in the basic of financing demanding classify. The thesis has considered that:1.The financing channel are very narrow； 2.Credit financing isn't equilibrium in different scale and proprietary； 3.Internal financing channels aren't coziness； 4.On the aspect of direct financing ,the chance to private SMEs are deficiency；And so on . The causes of formation of the above problems lie in:1.Localization of private SMEs is prime cause ；2.Regulation and innovation of commerce bank's credit management system are external reasons that restrict private SMEs' financing ；3.Relative shortage of district economic is importment obstacle；4.Lack of small middle finance organization private service for private SME. Lastly,this chapter gives a case analysis about Huai—yin district,Ji—nan city,analysis on current situation of Huai—yin district,Ji—nan city and The causes of formation of the above problems .Chapter 5.Formal finance form and private SMEs' financing.This chapter put forward a way to resolve the problem of financing on private SMEs,that is ,to establish diversiform mode of finance. Firstly,we should set up some private small and middle-sized banks whose main purpose is to provide service to private SMEs. Secondly,local cooperative financial institutions should reformed to take advantage of information and supervise. Thirdly,a multiform capital market system is necessary to finance private SMEs in higher development stage,the system includes second-board capital market,third-board capital market and venture capital market. Forthly,private SMEs can also gain finance by bond,and bond market should well developed. Finally,finance leasehold is also important to finance private SMEs,there are some problem in our country's finance leasehold industry,we should try to resolve them.Chapter 6.Informal finance form and private SMEs' financing..After analysis the main for...