Study On Credit Guarantee Of Small And Medium-Sized Enterprises

Small and medium-sized enterprises are playing a more and more important role in our nation's economic and social development. But in the course of their own development they are confronted with many difficulties and problems, of which the difficulty of financing has become a "bottleneck"problem. Because of the defect in our nation's market system, indirect financing through banking is the main way for small and medium-sized enterprises. So, one effective way to cope with this problem is to establish credit guarantee system of small and medium-sized enterprises. Credit guarantee system of small and medium-sized enterprises is an important part of socialized service system. Through its guarantee service for small and medium-sized enterprises, it puts into effect governmental policies for promoting the development of small and medium-sized enterprises, raises their credit level ,shares banks' credit risk, and improves their financing situations.This study analyses the problems that exist in the branch setup, management and operation of our nation's current credit guarantee system of small and medium-sized enterprises. Based on the borrowing of successful experiences of developed countries and districts, this study puts forward the basic framework of a multi-level credit guarantee system that fits in with our nation's current situation.; the organizing mode, the operating principles, and the internal management of the credit guarantee agencies; the relative institution construction involving the governmental function, the law, and the social credit. This study also analyses the external and internal factors that will bring risks to the operation of credit guarantee agencies, puts forward the necessary measures that will avoid and control the corresponding risks, and through constructing the fuzzy-evaluation model to help the credit guarantee agencies make scientific decisions.