Study On The Financing Teamwork Private Medium & Small-Sized Enterprise

Hard financing of medium-& small Size enterprises in the world is a difficult problem that puzzles the economic theoretical circle, business circle, and correlated departments of government in every country. It' s also fact in our country.In order to explore how to solve the problems existing in the financing of medium-& small -size enterprise of our country and improve financing situations taking the situation of our country as basis, based on clearing the correlated concepts, the paper suggests to scientifically define the standards of small-and-medium-Sized enterprises, and based on analyzing the basic theories of firms' financing, though comparing analyses of the financing experiences of home and overseas enterprises, gets the conclusion that the main reason of the hard financing of the small-medium-size enterprises is the over-higher transaction cost caused by the asymmetrical information, forward cause the state owned commercial banks "carefully loan" and "spare loan". Though the respect case analyses of the small-and-medium.sized enterprises Wenzhou region with more advanced economy and those in the north-east regions with more backward economy, the paper clear that the principal reason causing the deficit capital and hard financing of the small-medium-sized enterprises are just that in the long term our enterprises financing adopts the single structure of taking the government as the leading, national banks as the main body. The important reason which credit personnel of commercial bank with respect to over cautions to private middling-and-pint-sized enterprises is free duty problem due tothe asymmetrical information and the high transaction cost.The paper suggests to stir up the nongovernmental capital and mainly develop the private small-medium-sized financial organizations and improve the credit guarantee organizations facing the small-medium-sized enterprises pointing to the actual status of hard financing of the small-medium-sized enterprises. And opens the deeper subject researches on those problems having the critical influences to improving the financing status of the small-medium-sized private enterprises and provides the several-levels financing system, and the policy suggestions regarding cultivating this system. The paper consciously introduces the problem of improving the financing environment of the small-medium-sized enterprises and the credit guarantee for the small-medium-sized enterprises as the key during analyzing the impact of the environments to the small-medium-sized enterprises.This work is one part of the Science-research Fund Project- "Thestudy of the financial supporting system for Xi'an private enterprises" ofXi'an University of Technology, is its supplement.The main method adopted by this paper is the combination of thetheory and practice, the combination of the data analyses and thecomparing analyses.. These efforts finally establish the solid basis for thispaper.