Research On Law Problem Of Our Country's SME Financing

Small and Medium Enterprise (SME) is a new force of world economic development. Its role to promote economic development is obvious. Small and medium-sized enterprise is an important part of national economy and it takes large proportion in terms of Gross National product, saleroom and employ. The SME can't be substituted for sizeable enterprises in the national economy and the development of society. Every government has a common cognition that it is necessary to develop SME forcefully, however, even if SME hold the balance in the national economy of China, it has many obstacles in its expanding. Financing obstacle is the most prominent problem of them.In this article, Financing obstacle is discussed in order to give some suggests for it.Firstly, the definition of SME is defined, taking the number of employee, saleroom and corporate assets as the definable standard; moreover, expatiates the importance of SME .At the same time ,this paper illustrates the basic financing mode of SME in several countries in today's world .Then, all kinds of outer represents and the causes of the financing obstacle are analyzed. To say in detail, that is :loading to SME, which has poor credit, is opposite to the productiveness of banks and other financial institutions, so SME has many difficulties to have loan from direct financing .In the aspect of indirect financing, laws make very stem qualifications for SME not only in coming into the main board market but also in floating debenture .These lead SME can't attain fund expediently . Finally, some possible resolutions are offered to solve this problem pertinently .In the aspect of direct financing, establish second-board market, in this market, not only SME can issue stock but also venture investment can take a good environment to circulate well and get venture capitals.Besides, constructing credit system of SME is very crucial , because it has primary significance for SME financing, such as setting up efficacious system of credit-appraisal consummating,system of credit-assurance,enhancing SME credit consciousness ,improving the behavior of related agencies and managing them regularly. Of course, SME's financing is a complicated systems and also is a cosmopolitan problem, so the tries to take other countries' as reference in this article. For this problem ,this paper will draw the advancing experience based on the situation of our country...